Insurance Broker

Similar to an insurance agent, an insurance broker is an individual licensed to market, solicit, negotiate and sell insurance in one or more states. The key difference between a broker and an agent is that a broker represents the buyers—whether individuals or groups—of insurance products rather than the insurance company. An insurance broker’s primary role involves the objective presentation of policy options that best match the financial goals and needs of the buyer. Similar to agents, however, insurance brokers are typically compensated through commissions paid by insurance companies on product sales and renewals.

Understanding Swiss Annuities

While it might be an unusual time to provide an explanation of Swiss annuities given what has been taking place of late with the Swiss franc and related decisions made by the Swiss National Bank, it still makes sense for any financial services consumer to understand potential benefits of these products.

Switzerland - Courtesy of Travellingtamas