Insurance coverage agents can be some of the main people you will ever do business with. They are going to help you protect your house, your assets and your finances. The work of an insurance broker has got the potential to save you from financial ruin.
You could go through your entire lifetime and not need the services of an attorney. You could live and die and not have to how to use accountant. But you can't are in "the real world" without insurance agents.
Yet remember... it's YOUR duty to learn which coverages are best for your family.
Have you ever heard a story from a friend or relative who filed an insurance claim, only to learn that the coverage their agent promised has not been there? I hear those reports ALL THE TIME, and at the WORST FEASIBLE TIME... AT CLAIMS TIME!
I started my insurance policy career being an agent in 1973. I kept my agent licenses active until 1992 once i became an insurance adjuster. During that period of time, I actually sold practically every kind of insurance imaginable. That gave me a depth of experience in insurance sales. But all of that experience did not make me an expert in insurance coverage. I learned risk analysis and sales techniques. But I don't feel that I actually ever endured one minutes' training in how to handle a declare. When my clients experienced a claim, I offered them the company's telephone number and told them to call it in. We from time to time filled out an Acord form, the industry standard industry form for filing a declare. Which was all we performed.
The very best agent is a person who has spend time studying insurance, not a person who is an expert in sales. The particular greatest percentage of insurance coverage agents of all types are sales people, not insurance policy experts. Your agent may or might not exactly be an expert in insurance. You've got to simply ask your agent what his education degree is.
There are a lot of colleges and universities that provide degrees in insurance today. In our area, the University of Georgia offers degrees in Risk Management and Insurance. It's a pretty well-respected program.
Agents can also become experts in insurance by going through continuing education, including the Certified House Casualty Underwriter (CPCU) schooling program. Life insurance providers can achieve the Certified Life Underwriter (CLU) professional designation. There are other designations available to brokers, but those two will be the most widely accepted educational programs.
Agents in most states also need to complete a state-required number of Continuing Education hours each year in order to keep up their insurance licenses. Should they don't complete the hours, the condition cancels their licenses.To become more data click here保險代理.
An agent has a responsibility to you, called the "fiduciary duty. " That means that he must keep your financial well-being first in his priorities. If an agent sells you an insurance policy because it has a higher commission than another policy, they have breached his fiduciary duty to you.
Agents usually carry a type of liability insurance coverage called "Errors and Omissions" liability insurance. Errors and omssions (E&O) is the insurance that covers the agent's company, or the agent individually, in case a client holds the agent in charge of a service he provided, or failed to provide, that did not have the expected or promised results. This protects agents and their paperwork staff from liability because of to negligent acts, mistakes and omissions while performing their business. It will protect the agent from problems like the following examples:
1) loss in client data. The agent simply loses your file, actually or electronically.
2) system or software failure. Pc at the agent's office crashes and all data is lost.
3) negligent oversell. The agent markets you coverage you may need, or sells you coverage limits higher than necessary.
4) claims of non-performance. This is a broad category but needs to be. This could include charges that an agent did not sell the proper policy, or the proper level of coverage.To get additional facts click the link保險中介.