What is the responsibility of an insurance agent?

An insurance agent is responsible for representing their clients in selecting the best insurance product and coverage for their needs. In Florida, insurance agents must be certified and licensed by the Florida Department of Financial Services. The main responsibility of an insurance agent is to advise, inform, and guide their clients in finding the best insurance product at the right price while adhering to all applicable laws and regulations. Specifically, they must be able to explain the different types of insurance policies, explain the meaning of coverage, and help select the right insurance product for their clients. In addition to advising clients, insurance agents must also act as an intermediary between their clients and insurance companies. This means that they must recommend appropriate policies for their clients, handle the paperwork, and negotiate directly with insurance companies to get the best deal. Finally, insurance agents must follow all applicable laws and regulations for their particular state. In Florida, insurance agents are required to comply with the laws and regulations established by the Florida Department of Financial Services. This includes following ethical principles, avoiding conflicts of interest, and providing accurate information to clients.

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What is the responsibility of an insurance agent?

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