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| Agency | A group of persons working together to sell and service insurance policies based on contractual agreements with General Agencies, Managing General Agencies or insurance companies. |
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| Agent | Any person authorized to act for, or who is recognized as, the legal representative of another (the principal). An insurance agent represents the insurer in negotiating, servicing, or effecting insurance policies. An agent may be an independent contractor or employee of the insurer. |
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| Application | A printed form developed by an insurer that includes questions about a prospective insured and the desired insurance coverage and limits. It provides the insurer's underwriter with information for accepting or rejecting the prospective insured and rating the desired policy. Some policies make the application part of the policy, and misrepresentations in the application can void the policy. |
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