Need A Financial Product Forums Career in Finance As an Insurance agent, can I appoint sub agents?

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  • #47790

    I have an agency for life insurance and general insurance. I want to grow my clientele. Can I appoint sub-agents under me?

    #47791

    Amol Salvi
    Member

    A freelance insurance agent can appoint people under him who can pitch people and can get business for him. The staff will be considered as an agent to the main agent and in any case will not be treated as agent for the concerned insurance company. Such an employer will remain liable for the acts of his team. In nutshell, an agent can appoint people under him to grow his business but not sub-agents.

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