38+ Insurance Agency Templates

General FAQs

• What is an Insurance Agency?

  An insurance agency is an independent entity or a broker between the clients and the insurance companies. These agencies guide the clients on which insurance might result in the best for a specific client and their specific needs. They write, solicit, and bind policies through various insurance companies.

• How Insurance Companiesand Insurance Agenciesare Different in Functioning?

  • An insurance company provides the ultimate product or insurance policies, whereas, An insurance agency provides service to get that product. 
  • Insurance companies focus only on their policies and their sale, and agencies can get the client any policy from different companies that suits the best to clients' needs. 

• What Services do Insurance Agents Provide?

  • Insurance agents help to set up new insurance policies. 
  • They maintain existing policies. 
  • They also help in getting the claims.

• What are the Skills and Qualities of a Good Insurance Agent?

  • Effective communicator and highly determined. 
  • Competitive and willingness to do the best. 
  • Willingness to learn. 
  • Effective organizational skills. 
  • Maintains a high level of honesty and integrity.
  • A good leader.

• How Can Insurance Agents Attract Clients?

  • With good networking channels. 
  • By using consultative sales and listening more to the clients.
  • Face-to-face networking.
  • By cold calling to small businesses. 
  • Using a referral system.
  • Using online marketing.
  • Offer various policies for clients to get options. 
  • By building a Client Acquisition System.