Online Insurance Continuing Education Idaho

Idaho Insurance Continuing Education

February 17th, 2010

The agency agreement spells out the contractual obligation of an insurance agent to his/her carrier. Most importantly, the agency agreement establishes a fiduciary relationship between an insurance agent and the insurance company. The agent must always act in the best interest of the carrier.

1. OBLIGATION OF LOYALTY

An agent must act solely for the benefit of the insurance company in a Read the rest of this entry »