An agent represents and is legally authorized to act on behalf of another party in transactions. The related party in a transaction is referred to as the principal. For example, an insurance agent has limited legal authority to represent and act of behalf of a principal which is the insurance company. Contracts that the agent enters into are legally binding on the principal and the agent is legally obligated to act in the best interests of the principal. An insurance agent who sells a life insurance product is acting as the legal representative of the insurance company whose products he or she is selling during the transaction, even if the agent may also represent the products of other insurance companies.

Top Ten Annuity Buying Tips

META Tag Title: 
Annuity Digest Buying Guide: Top Ten Annuity Buying Tips


Types of Financial Advisors

Fee Only Advisor

NAPFA Provides Consumers with Quality Control while Maintaining Flexibility for Financial Advisors

NAPFA is the National Association of Personal Financial Advisors.

NAPFA membership consists of financial advisors who provide comprehensive...


Sheryl Moore on Fixed Indexed Annuities and the SEC Proposed Rule 151A

The Securities and Exchange Commission’s (SEC) proposed Rule 151A would change the securities status of indexed annuities from fixed insurance products to registered, securities products.

The proposed rule would have a significant impact on their entire industry landscape.  SEC 151A would affect the way in which insurance companies develop...


An Interview with Retirement Planning Expert Henry Hebeler


Henry "Bud" Hebeler is a former Boeing executive who has been running a retirement planning...