insurance broker
- noun
- /ɪnˈʃʊərəns ˈbroʊkər/
- "Prior to the Affordable Care Act, I was told by every insurance broker who I spoke with that no insurance company would sell us coverage for our son because of his pre-existing condition.
Examples
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Tips to find a medical insurance broker.
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He is a licensed insurance broker working in Norfolk.
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Many people make the mistake of assuming that the insurance broker works for the insurance company.
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A health insurance broker helps individuals in need of health insurance coverage find a policy that matches their needs and budget.
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Health insurance brokers are often compared to real estate agents, as they are similar in nature.
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Currently, MicroEnsure works as an insurance broker.
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Health insurance brokers may receive a referral fee for connecting their clients with a health insurance provider.
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Mr. Botsford explained that he is an insurance broker for health insurance and noted that he would offer his services at no expense to the town, and he will offer consistency and work for the best value to the town.
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My family decided to hire an insurance broker to help us find the best policy for our home.
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The insurance broker offered several options for life insurance that suited our needs.
Synonyms
A person who buys and sells things for other people for a fee
How Independent
Surface Forms
Morphology
The meaning 'a person or company who arranges and sells insurance' is directly derivable from combining 'insurance' (protection against loss) with 'broker' (an agent who arranges deals for clients). This noun+noun compounding follows a clear modifier–head pattern common across languages, so a B1 learner who knows both constituents will readily infer the MWE meaning.
Etymology
Insurance broker comes from the idea of a broker as a go-between who moves between different companies to compare offers and find the best plan. So an insurance broker is a person who helps you choose, find, and arrange insurance to protect you or your business.