What is the difference between an agent and a broker?

Inclus12

 Profile Answers by Inclus12 Questions by Inclus12

• Oct 27th, 2009

Yes there is. Let me clarify:-1. An   agent represents one   Company while a Broker represents the Customer and takes the customer details and goes to multiple companies to get the best quote and...

smsreddy

 Profile Answers by smsreddy Questions by smsreddy

• May 20th, 2009

Broker is individual and not a part of any organization/company.Agent works for a company for eg : LIC agent works for LIC.

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