Life Insurance Agents vs. Brokers

What’s the difference between a life insurance agent and a broker?

The difference between an agent and a broker is that a life insurance agent usually sells life insurance policies for a single insurance carrier, while an insurance broker sells insurance for any number of insurance companies.

In some cases an agent may actually be employed by the individual life insurance company, although there are also agents who are self-employed.

If you’re looking for details about a specific life insurance carrier's products, a life insurance agent may be the best person to talk to.

However, if you’re trying to comparison shop across multiple life insurance carriers you may want to contact a life insurance broker.

Agents and brokers always provide their services for free, and earn commissions from the life insurance policies they sell.

Here's a review an online life insurance broker.