Individual responsible for insurance agency operation in a particular area, including sale of life and health insurance, servicing policies already sold, recruiting and training agents, and providing administrative support. General agents are compensated on a commission basis and usually pay all expenses of administering their agencies.
General Agent
| Insurance Dictionary: General Agent (GA) |
| 5min Related Video: General Agent |
| WordNet: general agent |
Note: click on a word meaning below to see its connections and related words.
The noun has 2 meanings:
Meaning #1:
someone authorized to transact every kind of business for the principal
Synonym: universal agent
Antonym: special agent (meaning #1)
Meaning #2:
an agent who sells insurance
Synonyms: insurance broker, insurance agent, underwriter
| Wikipedia: General Agent |
A General Agent is an agent, i.e. representative of another, who has a mandate of general nature.
Colonial use
In the Niger Rivers District the only Senior Agent, who administered the region (rather like a Factor) for the National African Company Limited (which was granted a charter and renamed Royal Niger Company Chartered & Limited in 1886), was promoted in 1882 to become the first of only two General Agents until it was absorbed by Southern Nigeria:
- 1882 - 1888 David McIntosh (b. 1844 - d. 1888)
- 1888 - 1 January 1900 Joseph Flint (d. 1925)
Source
See also
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 | Overriding Commission (insurance term) |
| GA (abbreviation) |
| Recruiting (insurance term) |
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 | Insurance Dictionary. Dictionary of Insurance Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved. Read more |
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| WordNet. WordNet 1.7.1 Copyright © 2001 by Princeton University. All rights reserved. Read more |
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| Wikipedia. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article "General Agent". Read more |
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