Agent (Insurance Agent)

A licensed insurance agent is a professional authorized by the state to sell, solicit, or negotiate life insurance contracts on behalf of one or more insurance carriers. Agents must pass state-licensing exams, complete continuing education, and carry Errors & Omissions (E&O) insurance. An independent agent represents multiple carriers and can compare options across companies, while a captive agent works exclusively for a single insurer. Agents earn commissions from the carriers whose policies they place — a compensation model that must be disclosed. A licensed agent does not simply fill out forms; they help match coverage options to a client's situation and guide the application and underwriting process.