Definition of insurance broker in the Definitions.net dictionary. Meaning of insurance broker. What does insurance broker mean? Information and translations of insurance broker in the most comprehensive dictionary definitions resource on the web. Dictionary entry overview: What does insurance broker mean? • INSURANCE BROKER (noun) The noun INSURANCE BROKER has 1 sense:. 1. an agent who sells insurance Familiarity information: INSURANCE BROKER used as a noun is very rare.
27 people chose this as the best definition of insurance: An insuring or being insu… See the dictionary meaning, pronunciation, and sentence examples.
Insurance broker definition dictionary. Definition of broker written for English Language Learners from the Merriam-Webster Learner's Dictionary with audio pronunciations, usage examples, and count/noncount noun labels. insurance broker definition: See insurance agent…. insurance broker meaning: a person or company whose job is to give people independent advice about what insurance is…. Learn more.
Insurance broker definition: a person or company that is not employed by an insurance company, that finds the best… | Meaning, pronunciation, translations and examples DECLARATION Part of a property or liability insurance policy that states the name and address of policyholder, property insured, its location and description, the policy period, premiums, and supplemental information. Referred to as the ìdec page.î. DEDUCTIBLE The amount of loss paid by the policyholder. Either a specified dollar amount, a percentage of the claim amount, or a specified. Define insurance. insurance synonyms, insurance pronunciation, insurance translation, English dictionary definition of insurance. n. 1. a. The act, business, or system of insuring. b. The state of being insured. c. A means of being insured.. insurance broker. n → Versicherungsmakler(in) m(f) insurance company. n.
insurance broker definition: a person or company whose job is to give people independent advice about what insurance is…. Learn more. insurance broker or insurance agent a person or firm which acts as an intermediary in bringing together clients seeking INSURANCE cover and INSURANCE COMPANIES offering suitable policies. In some cases the agent may simply introduce the two parties to each other and receive a commission from the insurance company; or the agent may be employed by a particular insurance company to sell insurance. insurance broker/agent a person or firm that acts as an intermediary in bringing together clients seeking INSURANCE cover and INSURANCE COMPANIES offering suitable policies. In some cases the agent may be employed by a particular insurance company to sell insurance policies on its behalf and handle claims, receiving a commission on sales.
insurance definition in English dictionary, insurance meaning, synonyms, see also 'insurance policy',accident insurance',fire insurance',group insurance'. Enrich your vocabulary with the English Definition dictionary Insurance broker definition is – a person whose job is to provide people with insurance. Insurance definition, the act, system, or business of insuring property, life, one's person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a payment proportionate to the risk involved. See more.
Insurance broker. An individual or firm who represents buyers of insurance and deals with insurance companies or their agents in arranging for insurance coverage for the buyer. An insurance agent represents a single insurance company whereas an insurance broker is free to obtain insurance coverage from any insurance company.. Related entries Definition of insurance noun in Oxford Advanced American Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.. the business of providing people with insurance an insurance broker/company He works in insurance. 3. Insurance Holding Company System – consists of two or more affiliated persons, one or more of which is an insurer. Insurance Regulatory Information System (IRIS) – a baseline solvency screening system for the National Association of Insurance Commissioners (NAIC) and state insurance regulators established in the mid-1970s.
Insurance Terms And Definitions. No insurance website could be complete without offering and index of insurance terms and definitions. We've curated a list of advanced and basic insurance terms and their definitions to better help you understand the often confusing world of insurance. Broker definition, an agent who buys or sells for a principal on a commission basis without having title to the property. See more. Define insurance broker. insurance broker synonyms, insurance broker pronunciation, insurance broker translation, English dictionary definition of insurance broker. Noun 1. insurance broker – an agent who sells insurance insurance agent, underwriter, general agent broker, factor, agent – a businessman who buys or sells…
‘One insurance broker said there have been several price increases already this year and her company has been warned to expect further increases in the new year.’ ‘If you're an insurance broker, this is an excellent portal site.’ ‘An insurance broker will look around for the best deal for you.’