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  • 18-09-2010 05:35PM
    #1
    Confuzzzed
    Closed Accounts Posts: 5 ✭


    Can anyone exlpain what this means to them?
    The Representitive is engaged in the business of selling insurance products on his or her own account as an independent Contractor, (Tied Agent, as defined in the Insurance Act 1989 or any amendment thereto) :confused::confused::confused::confused:
    Tagged:


Comments

  • #2
    Farcear
    Registered Users, Registered Users 2 Posts: 618 ✭✭✭Farcear


    It means that, although the representative is selling policies for ABC Insurance Company, he or she is not an employee of ABC.

    I imagine the definition of "tied agent" would explain it a little more clearly.


  • #3
    Confuzzzed
    Closed Accounts Posts: 5 ✭Confuzzzed


    The definition of anIndependent Contrator and that of a Tied Agent are very different. This is where my confusion is...


This discussion has been closed.
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