Insurance

What is a Broker?

Broker

[broh-ker]

noun

Insurance Brokers are individuals who gather insurance quotes on behalf of a purchaser. They are different from Agents, in that Agents represent the company selling the insurance, while Brokers represent the party buying insurance. Brokers can be either retail or wholesale. Retail Brokers are those that interact directly with insurance buyers.

Have A Question About This Topic?

Medicare Advantage 101

Overview of Medicare Advantage, what’s in them, special rules, and more.

Silver Sneakers 101

Medicare’s popular program, offering free gym membership and health education.