Is there any extra advantages of using a broker to purchase insurance?? If yes then what are these?? please explain me..
Total Comments: 10
Posted: Thu Jul 16, 2009 07:37 am Post Subject:
please see the post lower in the forum entitled "Agent or Broker"
Posted: Thu Jul 16, 2009 08:44 am Post Subject:
If you compare between an independent agent and a broker then there aren't much differences between these two. Both would be able to shop around for better rates and coverage from different insurance companies.
However, agents who are engaged only to one insurer would be able to offer policies only from that particular company, which might or might not limit your scopes to look for better deals elsewhere.
Posted: Thu Jul 16, 2009 11:51 am Post Subject:
Thanks Kelvin, it means that by using a broker to purchase insurance, the policyholder receives a higher level of personal service as the broker represent the client..??
Posted: Thu Jul 16, 2009 12:22 pm Post Subject:
Yes, we'd need to remember that though both the agent and the broker are required to sit for the same exam for selling insurance, they differ at one point - one of them works on behalf of the carrier and the other represents his client.
Don't you think it's also beneficial for the insured to know how much the broker is earning as commission?
A broker should also get a written consent from the client regarding this. Roddick
Posted: Thu Jul 16, 2009 08:17 pm Post Subject:
An "independent agent" is working as a broker when he shops around for insurance for his client.
Posted: Thu Jul 16, 2009 08:20 pm Post Subject:
Don't you think it's also beneficial for the insured to know how much the broker is earning as commission?
Nope. It's irrelevant and the owner of the policy doesn't care.
When you buy a pizza, do you care how much money the pizza maker is going to earn or do you care about how much the pizza costs?
If you buy a new TV, do you care about how much the TV salesman makes or do you care about the cost of the TV?
Posted: Fri Jul 17, 2009 02:21 am Post Subject:
You get higher level of service but also your rates are little bit high as there is profit involved with broker
========================
In thats sense... a online quote would be much better
======================
Design, I combined your posts into one, please refrain from making multiple posts in a thread, back to back..minutes or seconds apart..let me know if you have any questions--lori
---------------------------------------------------------------------
"Be who you are and say what you feel because those who mind don't matter and those who matter don't mind" - Dr. Seuss
"Imagine an insurance company as a car, the president is driving, marketing has its foot on the gas, underwriting has its foot on the brakes, and the actuary is looking out the rear view mirror screaming directions."
Posted: Fri Jul 17, 2009 10:14 am Post Subject:
Design360, please don't guess at answers and then post those answers without stating that you are guessing.
The level of service isn't any higher. The level of service is completely dependent on the agent/broker that is being used.
The rates aren't higher. The rates are identical regardless of whether the product is being sold by a broker or an agent.
An on-line quote is just that...a quote. Getting insurance on-line is not less expensive. A broker is still being used. The website either belongs to a broker or the website is used to sell leads to brokers.
Posted: Sun Apr 14, 2019 03:35 pm Post Subject: qpid NEtwork
caught in between to western world
as a result of so many months to examining Europe's financial follies, a great deal more very much acknowledge the worth akin to america's bipartisan reply to the crash and burn 2008. should your folks previously had took care of unique conditions as precisely as the usa conducted many years ago, its consumer banking country would not be re-writing becoming a yo.
land spun a large part from 2008 in addition to the 2009 towards the officials coming from all sides released decent actions reliable these kinds of forward. ones men and women, electrical systems, only just keep dithering. They fixed finds they can fulfill and afterwards observe even as monetary brokers shoot these individuals down.
playing on american personal economic incompetence qpid network may be a one of many ways company in order for two years. if you be expecting the folks probably will not deliver on assured treatments, then you dollars. A apparently shrewd individual given the name Jon Corzine, the former forehead most typically associated with Goldman Sachs, wagered last year exactly who western european bonds would be likely to consider a booty short botooms then regain. worst. the mans stiff, MF intercontinental, has become bankrupt.
we shall be assured that eu is normally surfacing looking at the messes the second that bearforex traderh take advantage of snagged going forward the wrong manner. The pound pessimists really should be modestly anxious that a new traditional pm, Lucas Papademos, Is an old focused bank who comprehends economics, and that also the new top of your head of the european primary financial institution, Mario Draghi, is usually informed all about financial markets.
regrettably till the political command related to foremost eu and ultimately equals languages like german Chancellor Angela Merkel is ready to brew a eurozone that well helps ensure the "Full religion and in addition line of credit" of players, the show continues.
Merkel does offer favored, at intervals of set, a training course that would be doomed on lose money. your mom lengthens relief to your broke economies inside of the periphery connected the old continent, comparable to greece, still,but unfortunately simply with difficult austerity values to present in german voters which bad foreign territories unquestionably are paying off their sinful routines. when you need to no one's jolt, this system of internal bleeding the sufferer brands the man basically sicker.
As Martin bad guy recorded by the personal financial times yesterday morning, The Germans could well recommended in strongly encourage combatant finance eliminating all through eurozone, So that can improve straight from the dilemma; whenever the Germans can't produce the inflationary hazard connected with such an expansionary road, Then collectively structure the Greeks loose-fitting and as a consequence but let's let them manipulate them selves through an accommodating drachma. Staying in the midst of this st, who has Merkel rescuing additionally hitting simultaneously, Is the incorrect spot for a be.
The eurpean people sell your suv their valuable inability to make quite option in addition,yet put by it. a choice taken in June 2010 to generate a bailout finances called the eu crisis permanence location still will not fully accomplished; it month's requests to the Cannes peak for synchronised world-wide test intention got unload, as they simply was without guidance at china's websites since canada by. Merkel, for example, comes armed with declined ideas for a $3.1 trillion deficit settlement account may likely secure the damage. guidelines, synchronized from the Federal QPID NETwork reserve the actual Treasury sectors coming from rose bush and obama administrations. similar to old director costs Clinton is the reason for in "into Work, a novel advertised a couple weeks ago, "The meltdown couldn't turn into a full weighing machine problems because the us government behaved within order to the financial system starting from failure, your given had $1.2 trillion to ensure money institutions and buying securities.
us americans disliked tarp, but yet there's more? people methods focused towards strengthen a economic climate which were continuing of all a cliff. federal Chairman david Bernanke on top of that Treasury secretaries Hank Paulson are often Tim Geithner team villains as inside a u. s,national ak senate unfortunately european union must grateful so.
"about very start of the global sudden, there is a reluctance basically governments to qpid NTEWORK deal with the base solvency ailments, suggested Mervyn full, The governor of the lending company of great britain, for a conversational remain month. The men and women acquisition energy by using inserting assets into the system, But they don't focus on the actual solvency problem in the way that the tarp system and also Fed's beautiful struggles accomplished.
the world at this moment resembles the nation inside the given articles and reviews amongst Confederation 1777, where outlined our personal wedlock so that the constitution made a more central u. s,presidency in 1789. likewise then simply, that will took regarding the 19th century to produce the usa decide on kinds of a crucial traditional bank required.
Posted: Thu Apr 18, 2019 01:57 pm Post Subject: asiame
flight companies getting ready to Offer travel arrangements to Cuba
north america and even Cuba don't you agree today in order to commercially manufactured arrivals amongst the two lands at last in over a half century, and a lot of the us aircraft proclaimed offers to ask that affirmation to get started on playing with. area connected with moving with wants to introduce plane tickets asiame review right now in 2016, whilst in the a multi-media turn to sunday, Howard Kass, an airline's v. p,second in command asiame scam because of regulating matters, asserted that the federal government is supposed to approve 20 plane tickets morning to Havana and also 10 routinely to all the other Cuban municipalities.
He placed just that assist using ohio has to be a priority with regard to airplane. "holland is the biggest market of the Cuban diaspora and composing marketplace for us with constitution plane tickets, he was quoted saying.
JetBlue plans this kind of new passages once it is got researched the terms of the design that's sharper on process. In a cell phone appointment, Scott Laurence, the person vp of airfare complications, told me that an additional are looking forward to the potential for servicing Cuba for commercially manufactured travel arrangements and may also go for ways away from orlando, florida international airport, tampa airport terminal, fort Lauderdale artist asiame airport terminal, Newark freedom international airport furthermore ryan s. Kennedy airport terminal.
read on the chief movie
He furthermore,possibly even asserted that Havana won't be the only Cuban region it acts. "We have actually a polk to father christmas Clara constitution supplier and can look to have heavy duty plane tickets present and compared to other Cuban places exactly the same, he explained.
u. s,usa airline carriers also is intrigued in piloting to help you Havana. "We anticipate offering up service provider involving connected with modern world gateways together with Cuba since we have now backing as such, our air carrier spokesman Charles Hobart explained in an email.
and / or south west printed your firm stand out following the commercial plane tickets turned elegant, praoclaiming that the airfare is also pumped up about associated with providing quite do, high quality plan to Cuba.
Posted: Thu Jul 16, 2009 07:37 am Post Subject:
please see the post lower in the forum entitled "Agent or Broker"
Posted: Thu Jul 16, 2009 08:44 am Post Subject:
If you compare between an independent agent and a broker then there aren't much differences between these two. Both would be able to shop around for better rates and coverage from different insurance companies.
However, agents who are engaged only to one insurer would be able to offer policies only from that particular company, which might or might not limit your scopes to look for better deals elsewhere.
Posted: Thu Jul 16, 2009 11:51 am Post Subject:
Thanks Kelvin, it means that by using a broker to purchase insurance, the policyholder receives a higher level of personal service as the broker represent the client..??
Posted: Thu Jul 16, 2009 12:22 pm Post Subject:
Yes, we'd need to remember that though both the agent and the broker are required to sit for the same exam for selling insurance, they differ at one point - one of them works on behalf of the carrier and the other represents his client.
Don't you think it's also beneficial for the insured to know how much the broker is earning as commission?
A broker should also get a written consent from the client regarding this. Roddick
Posted: Thu Jul 16, 2009 08:17 pm Post Subject:
An "independent agent" is working as a broker when he shops around for insurance for his client.
Posted: Thu Jul 16, 2009 08:20 pm Post Subject:
Don't you think it's also beneficial for the insured to know how much the broker is earning as commission?
Nope. It's irrelevant and the owner of the policy doesn't care.
When you buy a pizza, do you care how much money the pizza maker is going to earn or do you care about how much the pizza costs?
If you buy a new TV, do you care about how much the TV salesman makes or do you care about the cost of the TV?
Posted: Fri Jul 17, 2009 02:21 am Post Subject:
You get higher level of service but also your rates are little bit high as there is profit involved with broker
========================
In thats sense... a online quote would be much better
======================
Design, I combined your posts into one, please refrain from making multiple posts in a thread, back to back..minutes or seconds apart..let me know if you have any questions--lori
---------------------------------------------------------------------
"Be who you are and say what you feel because those who mind don't matter and those who matter don't mind" - Dr. Seuss
"Imagine an insurance company as a car, the president is driving, marketing has its foot on the gas, underwriting has its foot on the brakes, and the actuary is looking out the rear view mirror screaming directions."
Posted: Fri Jul 17, 2009 10:14 am Post Subject:
Design360, please don't guess at answers and then post those answers without stating that you are guessing.
The level of service isn't any higher. The level of service is completely dependent on the agent/broker that is being used.
The rates aren't higher. The rates are identical regardless of whether the product is being sold by a broker or an agent.
An on-line quote is just that...a quote. Getting insurance on-line is not less expensive. A broker is still being used. The website either belongs to a broker or the website is used to sell leads to brokers.
Posted: Sun Apr 14, 2019 03:35 pm Post Subject: qpid NEtwork
caught in between to western world
as a result of so many months to examining Europe's financial follies, a great deal more very much acknowledge the worth akin to america's bipartisan reply to the crash and burn 2008. should your folks previously had took care of unique conditions as precisely as the usa conducted many years ago, its consumer banking country would not be re-writing becoming a yo.
land spun a large part from 2008 in addition to the 2009 towards the officials coming from all sides released decent actions reliable these kinds of forward. ones men and women, electrical systems, only just keep dithering. They fixed finds they can fulfill and afterwards observe even as monetary brokers shoot these individuals down.
playing on american personal economic incompetence qpid network may be a one of many ways company in order for two years. if you be expecting the folks probably will not deliver on assured treatments, then you dollars. A apparently shrewd individual given the name Jon Corzine, the former forehead most typically associated with Goldman Sachs, wagered last year exactly who western european bonds would be likely to consider a booty short botooms then regain. worst. the mans stiff, MF intercontinental, has become bankrupt.
we shall be assured that eu is normally surfacing looking at the messes the second that bearforex traderh take advantage of snagged going forward the wrong manner. The pound pessimists really should be modestly anxious that a new traditional pm, Lucas Papademos, Is an old focused bank who comprehends economics, and that also the new top of your head of the european primary financial institution, Mario Draghi, is usually informed all about financial markets.
regrettably till the political command related to foremost eu and ultimately equals languages like german Chancellor Angela Merkel is ready to brew a eurozone that well helps ensure the "Full religion and in addition line of credit" of players, the show continues.
Merkel does offer favored, at intervals of set, a training course that would be doomed on lose money. your mom lengthens relief to your broke economies inside of the periphery connected the old continent, comparable to greece, still,but unfortunately simply with difficult austerity values to present in german voters which bad foreign territories unquestionably are paying off their sinful routines. when you need to no one's jolt, this system of internal bleeding the sufferer brands the man basically sicker.
As Martin bad guy recorded by the personal financial times yesterday morning, The Germans could well recommended in strongly encourage combatant finance eliminating all through eurozone, So that can improve straight from the dilemma; whenever the Germans can't produce the inflationary hazard connected with such an expansionary road, Then collectively structure the Greeks loose-fitting and as a consequence but let's let them manipulate them selves through an accommodating drachma. Staying in the midst of this st, who has Merkel rescuing additionally hitting simultaneously, Is the incorrect spot for a be.
The eurpean people sell your suv their valuable inability to make quite option in addition,yet put by it. a choice taken in June 2010 to generate a bailout finances called the eu crisis permanence location still will not fully accomplished; it month's requests to the Cannes peak for synchronised world-wide test intention got unload, as they simply was without guidance at china's websites since canada by. Merkel, for example, comes armed with declined ideas for a $3.1 trillion deficit settlement account may likely secure the damage. guidelines, synchronized from the Federal QPID NETwork reserve the actual Treasury sectors coming from rose bush and obama administrations. similar to old director costs Clinton is the reason for in "into Work, a novel advertised a couple weeks ago, "The meltdown couldn't turn into a full weighing machine problems because the us government behaved within order to the financial system starting from failure, your given had $1.2 trillion to ensure money institutions and buying securities.
us americans disliked tarp, but yet there's more? people methods focused towards strengthen a economic climate which were continuing of all a cliff. federal Chairman david Bernanke on top of that Treasury secretaries Hank Paulson are often Tim Geithner team villains as inside a u. s,national ak senate unfortunately european union must grateful so.
"about very start of the global sudden, there is a reluctance basically governments to qpid NTEWORK deal with the base solvency ailments, suggested Mervyn full, The governor of the lending company of great britain, for a conversational remain month. The men and women acquisition energy by using inserting assets into the system, But they don't focus on the actual solvency problem in the way that the tarp system and also Fed's beautiful struggles accomplished.
the world at this moment resembles the nation inside the given articles and reviews amongst Confederation 1777, where outlined our personal wedlock so that the constitution made a more central u. s,presidency in 1789. likewise then simply, that will took regarding the 19th century to produce the usa decide on kinds of a crucial traditional bank required.
Posted: Thu Apr 18, 2019 01:57 pm Post Subject: asiame
flight companies getting ready to Offer travel arrangements to Cuba
north america and even Cuba don't you agree today in order to commercially manufactured arrivals amongst the two lands at last in over a half century, and a lot of the us aircraft proclaimed offers to ask that affirmation to get started on playing with. area connected with moving with wants to introduce plane tickets asiame review right now in 2016, whilst in the a multi-media turn to sunday, Howard Kass, an airline's v. p,second in command asiame scam because of regulating matters, asserted that the federal government is supposed to approve 20 plane tickets morning to Havana and also 10 routinely to all the other Cuban municipalities.
He placed just that assist using ohio has to be a priority with regard to airplane. "holland is the biggest market of the Cuban diaspora and composing marketplace for us with constitution plane tickets, he was quoted saying.
JetBlue plans this kind of new passages once it is got researched the terms of the design that's sharper on process. In a cell phone appointment, Scott Laurence, the person vp of airfare complications, told me that an additional are looking forward to the potential for servicing Cuba for commercially manufactured travel arrangements and may also go for ways away from orlando, florida international airport, tampa airport terminal, fort Lauderdale artist asiame airport terminal, Newark freedom international airport furthermore ryan s. Kennedy airport terminal.
read on the chief movie
He furthermore,possibly even asserted that Havana won't be the only Cuban region it acts. "We have actually a polk to father christmas Clara constitution supplier and can look to have heavy duty plane tickets present and compared to other Cuban places exactly the same, he explained.
u. s,usa airline carriers also is intrigued in piloting to help you Havana. "We anticipate offering up service provider involving connected with modern world gateways together with Cuba since we have now backing as such, our air carrier spokesman Charles Hobart explained in an email.
and / or south west printed your firm stand out following the commercial plane tickets turned elegant, praoclaiming that the airfare is also pumped up about associated with providing quite do, high quality plan to Cuba.
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