Deductibles. Premiums.Policy holder. All these terms. Just like any industry, insurance has many terms.
The person who sells you your auto or home insurance policy can go by many names. Here’s a sample of reported job titles:
Insurance Agent, Agent, Sales Agent, Insurance Broker, Account Executive, Producer, Sales Representative, Insurance Sales Agent, Underwriting Sales Representative, Account Manager
Other common terms you might her in a conversation with your insurance representative:
- Actual Cash value
- Commercial property
- Policy holder/owner
Check for definitions as well as other terms here.
Are there any others you still don’t understand? Comment below.