My father used to be an insurance broker
Interesting. I'm currently studying for a health insurance exam myself.
That's good ,he sells, solicits, or negotiates insurance for compensation
Oh nice. I got hired by aflec to sell health insurance. What type does he do?
Also ,Insurance broker" became a regulated term under the Insurance Brokers (Registration) Act 1977
Interesting. Insurance is a relatively new thing. Everyone needs it nowadays..
Life insurance
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money (the benefit) in exchange for a premium, upon the death of an insured person (often the policy holder). Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. The policy holder typically pays a premium, either regularly or as one
Insurance broker
An insurance broker sells, solicits, or negotiates insurance for compensation.
As of 2015, the largest insurance brokers in the world, by revenue, are Marsh & McLennan, Aon Corporation, Arthur J. Gallagher & Co, and the Willis Group
In the United Kingdom.
"Insurance broker" became a regulated term under the Insurance Brokers (Registration) Act 1977 which was designed to thwart the bogus practices of firms holding themselves as brokers but in fact acting as representative of one or more favoured insurance