Independent or captive medicare broker? Which one should I choose?
Most people differentiate insurance agents or brokers by the kind of insurance they specialize in – health insurance agent, auto insurance agent, life insurance agent, and more. However, in the insurance industry, there is another important way that insurance agents can be classified: captive insurance agents vs. independent insurance agents. Whether you work with a captive insurance agent or an independent insurance agent, it can have a profound effect on the kind of insurance you get. This post will explain which one can offer you a more valuable service based on your needs. So, read on to know. What is a captive medicare insurance agent? Captive insurance agents have contracts to work with a single insurance company and sell only that company's insurance policies. In return for captive agent's service to sell only their policies, insurance companies typically provide their agents with a fair amount of support, including setting them up with a workspace or office and