Agency is an area of commercial law dealing with a contractual or quasi-contractual tripartite set of relationships when an Agent is authorized to act on behalf of another (called the Principal) to create a legal relationship with a Third Party. Succinctly, it may be referred to as the relationship between a principal and an agent whereby the principal, expressly or impliedly, authorizes the agent to work under his control and on his behalf. The agent is, thus, required to negotiate on behalf of the principal or bring him and third parties into contractual relationship. This branch of law separates and regulates the relationships between:
- Agents and Principals;
- Agents and the Third Parties with whom they deal on their Principals' behalf; and
- Principals and the Third Parties when the Agents purport to deal on their behalf.
The common law principle in operation is usually represented in the Latin phrase, qui facit per alium, facit per se, i.e. the one who acts through another, acts in his or her own interests and it is a parallel concept to vicarious liability and strict liability in which one person is held liable in Criminal law or Tort for the acts or omissions of another.
Travel medical insurance is a temporary policy that provides coverage while you’re traveling somewhere on vacation or otherwise in transit. These policies work in conjunction with, or independent of your regular health insurance plan. Generally, travel medical insurance is offered by your travel agent if you book a cruise or go on a package tour.
This book was written to make you more aware of life insurance protection. Hopefully it will prevent you from suffering and regretting over buying insurance for the wrong reasons.Since I am an insurance agent myself, I shouldn’t miss any book written about insurance industry in Malaysia. This book generally covers the basic.
This book was written to make you more aware of life insurance protection. Hopefully it will prevent you from suffering and regretting over buying insurance for the wrong reasons.Since I am an insurance agent myself, I shouldn’t miss any book written about insurance industry in Malaysia. This book generally covers the basic.
This book was written to make you more aware of life insurance protection. Hopefully it will prevent you from suffering and regretting over buying insurance for the wrong reasons.Since I am an insurance agent myself, I shouldn’t miss any book written about insurance industry in Malaysia. This book generally covers the basic.
For Patricia Nowak — now a senior agent in the Vermont General Office (G.O.) — becoming an agent at New York Life Insurance Company meant actualizing her potential as a businesswoman and as a community activist.
Simplysalem is an information portal from salem featuring about insurance, salem insurance agents, insurance surveyor, life insurance, business insurance, insurance companies, salem insurance agencies, salem insurance providers, general insurance, property insurance, medical insurance, health insurance
Over the last six months, there has been a great push to change the direction of this website. If you have noticed, this domain no longer resembles a general website. The site’s business model has narrowed its focus to financial planning, business related issues, and the role of insurance agents in the financial service industry.
The Government Employees Insurance Company (GEICO) car insurance used to be available only to government agents. Now, they have become a very competitive car insurance company for the general public.
Real Estate Owners, Managing Agents, and General Contractors seem to think that if they are named as an additional insured or provided with a certificate of insurance on the contractors general liability insurance policy then they are covered in the event of a loss as a result of the negligence of a contractor. Think Again!
Buying directly from the insurer or through your local travel agent you will generally find that the travel insurance you buy is not discounted.
Do you know what a prequalified life insurance lead is? If not, you may want to look into it right away if you are getting into the insurance industry as an agent. Generally speaking, getting a life insurance lead is a good thing.
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