What Does Personal Producing General Agency System Mean?

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

Personal Producing General Agency System

Personal Producing General Agency System

A method of marketing, selling, and distributing insurance in which personal producing general agents (PPGAs) are compensated for business they personally sell and business sold by agents with whom they subcontract. Subcontracted agents are considered employees of the PPGA, not the insurer.

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

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