What Does Agency System Mean?

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What does Agency System mean? Read on to discover the definition & meaning of the term Agency System - to help you better understand the language used in insurance policies.

Agency System

Agency System

The independent contractor approach to sales and service in insurance marketing. This is in juxtaposition to direct marketing, which uses salaried sales representatives or direct mail.

We hope the you have a better understanding of the meaning of Agency System.

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