Insurance Agent

Definition: An Insurance Agent is a state-licensed professional who represents an insurance company in selling and servicing policies. In most states, insurance agents are required to undergo approximately 40 hours of passing classroom education for the type of insurance they are qualifying for to be approved to take the state insurance exam. After successfully completing the state exam an insurance agent will need to take continuing education classes to keep her/his insurance license current.

Only insurance agents are allowed to sell and service insurance policies and only in the states they are licensed in.

Examples: Jim moved to Texas, and called his insurance agent to change his address. Jim's insurance agent put him in contact with an insurance agent in Texas who could help him obtain another insurance policy, because Jim's current insurance agent was not licensed in Texas.