Jasmine
VIP Contributor
If you want to buy an insurance policy, you have two options, one you buy from an insurance agent, two you buy directly from the company.
Buying From Insurance Agents or Brokers
Insurance agents or insurance brokers are the individuals who are not directly employed by the insurance company but have got a licence to work as an agent and earn commission on every successful sale. Sometimes you can be easily tricked as they might be fake agents. Sometimes these agents or brokers might abscond with the premium paid and the insurance company might not receive the premium and your policy might not be valid.
Buying From Insurance Company
This is the most trusted method to buy insurance policy. When you walk to the office, you can discuss about various policies and choose the one that is right for you.
Buying From Insurance Agents or Brokers
Insurance agents or insurance brokers are the individuals who are not directly employed by the insurance company but have got a licence to work as an agent and earn commission on every successful sale. Sometimes you can be easily tricked as they might be fake agents. Sometimes these agents or brokers might abscond with the premium paid and the insurance company might not receive the premium and your policy might not be valid.
Buying From Insurance Company
This is the most trusted method to buy insurance policy. When you walk to the office, you can discuss about various policies and choose the one that is right for you.