An insurance agent appointment letter allows an insurance agent to outline the ways that they will broker insurance for a client, and this document is submitted to the client for review and approval. LETTER OF APPOINTMENT. Issue of t his document will confirm our appointment to act as. Write in a formal format. When you write the Agent Appointment letter , follow an official business format.
Specify all the details related to the work associated with the agent. The letter should show the specific insurance company involve the policy number(s), and be on the insured ’s letterhead or on blank paper. Use an agent appointment letter sample to write a quick and professional letter. Download letters for Word and PDF format. It may assist in avoiding confusion and disputes between insurance brokers, clients and insurers.
Key Broker Risks- If a quoting insurance broker represents the scope of their authority to insurers in a way that is broader than what the client believes it to be, the insurance broker runs the risk of a. Please note however that the above information (including templates) and this authority is provided by way of general guidance only and is not compulsory. It should not be relied on as legal advice. It does not cover everything that may be relevant to you and does not take into account your particular circumstances. (more…)