The insured goes with the independent agent if the agent no longer sells for the insurance company.This ownership right can be sold to another agent, and when the independent agent decides to retire or leave the agency, the right to contact large numbers of customers creates a substantial market value for the agency.This marketing system is known as:

Question

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The American agency system, also known as the independent agency system, allows agents to sell policies from multiple insurance companies and maintain ownership of their clients' policies. This means they can sell their business, including the right to service those clients, when they retire or leave, creating significant value for their agency.

The Insured Goes with the Independent Agent If the Agent