What does Selling Agents' Commission Insurance mean? Read on to discover the definition & meaning of the term Selling Agents' Commission Insurance - to help you better understand the language used in insurance policies.
Selling Agents' Commission Insurance
Selling agents' commission insurance protects people who make a living from the commissions they earn on sales. This type of insurance reimburses selling agents for losses that occur when a company is unable to fulfill its obligations. This could be because the company's building burned down, got hit by a tornado, or any number of reasons.
We hope the you have a better understanding of the meaning of Selling Agents' Commission Insurance.