Insurance

Exclusive agent

A captive agent is an individual who exclusively represents a single insurance company and is bound by a contract not to submit business to any other company unless it has been rejected by their own company. This can limit the options available to clients, as the agent may not be able to offer the best coverage or rates from other companies. It is important for individuals to carefully consider their options when working with a captive agent.

Related terms

Title insurance

Understand the meaning and definition of Title insurance in the context of stock market, trading, and investments.

MORE
State-mandated benefits

Understand the meaning and definition of State-mandated benefits in the context of stock market, trading, and investments.

MORE
Group insurance

Understand the meaning and definition of Group insurance in the context of stock market, trading, and investments.

MORE
Temporary disabilities

Understand the meaning and definition of Temporary disabilities in the context of stock market, trading, and investments.

MORE
Unilateral contract

Understand the meaning and definition of Unilateral contract in the context of stock market, trading, and investments.

MORE
Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers