Insurance Agent VS Insurance Broker

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  • Опубліковано 19 лип 2024
  • INSURANCE AGENT VS INSURANCE BROKER. You know you've always wondered but never had the balls to ask. While these two terms get used all the time, these are two different things.
    In this video, tito is going to walk you through what these people have in common and what sets them apart. Despite that, it is important to remember that even though they're different, they still reach important segments of the market that an insurance companies need to reach. These intermediaries play very vital roles in the industry as they allow insurance to reach those who need it.
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КОМЕНТАРІ • 22

  • @jamalsmith5073
    @jamalsmith5073 Місяць тому +1

    To the question of the day it depends on the terms which includes what is incontestable vs. contestable.

  • @BarbaraJampsa
    @BarbaraJampsa 2 місяці тому

    Thank you so much for this information because it was very informative and I like the way you deliver the content. Very engaging and kept my attention unlike other videos with the same information. Keep up the great work because you are awesome!

  • @isakevinsinambela5495
    @isakevinsinambela5495 Рік тому +1

    Thank you bro.. i'm from Indonesia. And i work in the largest insurance broker in Indonesia. God bless

  • @alisaf7326
    @alisaf7326 Рік тому +1

    Yes you can adjust and amend after a policy is active and paid for. But it will be at a cost. AND those adjustments only come in affect of date of adjustment.

  • @firstborns8590
    @firstborns8590 9 місяців тому

    Thank you sir!!!! Very informative to me and answered my query love you man!!

  • @francinewarren-kidd4841
    @francinewarren-kidd4841 3 роки тому +12

    Yes you are able to include additional cover under a policy already paid for, this is considered as an endorsement.

  • @nancyobasi1468
    @nancyobasi1468 10 місяців тому +1

    Yes it is possible …. That’s where “endorsement” comes to play

  • @syeh779
    @syeh779 4 місяці тому

    Very useful information...Thank you so much.

  • @aso6437
    @aso6437 3 роки тому +2

    Yes, at added cost.

  • @callme_adam
    @callme_adam Рік тому

    Thanks dude!

  • @kennethlimosnero2131
    @kennethlimosnero2131 Рік тому +1

    thank you tito, this helps a lot!

  • @jidejosef7891
    @jidejosef7891 Місяць тому +1

    Yes it is possible
    Its called ENDORSEMENT

  • @Shekinah-yy7xd
    @Shekinah-yy7xd 2 місяці тому

    Thanks for explaining.by the way you have a cute smile.😂😂❤

  • @jayceesimpson4210
    @jayceesimpson4210 Рік тому +1

    Hello! I currently work for a brokerage with about 50 employees. Teams of 3, AE, AM, and AA. Can I get your opinion on something? If the book grows.. do you think the team should grow as well? We keep getting new business however I’m worried we will all get burnt out.. I am at least lol. 23 new to insurance. Love the people, not the job.

  • @maniclokofe4585
    @maniclokofe4585 Рік тому

    So how does the broome get paid ??

  • @OneLightYearAway
    @OneLightYearAway 2 роки тому +1

    Hello beautiful people! We are appointment setters company, we can get you Confirmed appointments not just leads!

  • @swfkljqwf
    @swfkljqwf 2 роки тому +1

    I know that the agent needs license does the broker also need life agent insurance to operate?

    • @davetod9169
      @davetod9169 Рік тому

      If u. Sell any, any type of insurance u must, must have proper license from your state. And show copies to the insurance co. You are selling for. That applies to agent or broker.

  • @ashuncateater
    @ashuncateater Рік тому

    Brokers still need to scour the market for new clients in order to grow their book you can’t just sit around servicing your existing clientele without focus on new business opportunities

  • @360republic5
    @360republic5 10 місяців тому

    I need a commercial insurance broker

  • @zino3486
    @zino3486 3 роки тому +2

    Good job! I am both ; )

  • @smaganas
    @smaganas Рік тому

    Brokers vs Carriers?