What Does Authority Mean?
What does Authority mean? Read on to discover the definition & meaning of the term Authority - to help you better understand the language used in insurance policies.
Authority
The actions and deeds an agent is authorized to conduct on behalf of an insurance company, as specified in the agent's contract.
We hope the you have a better understanding of the meaning of Authority.
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z