What Company Are You With?

[Tothetop]

Anytime you are marketing or soliciting a specific company your duty is to follow their guidelines.

If you made vacuum cleaners and paid a separate business down the street to sell those vacuums for you. There would be certain business and marketing practices you would expect that business down the street to follow when they are selling and advertising your vacuums. But that does not mean they are your employee.

You work for yourself. You choose on your own which carrier's to represent. Even when filing out the app your duty is to the client (it is already assumed you are going to be truthful because of doi regs and carrier contract). You have agreed with the carrier to field underwrite and answer all questions truthfully... but you still are working for yourself/client.


When a stockbroker sells a share of Apple stock, they are not working for Apple or an employee of Apple. They have a contractual duty to Apple to follow certain guidelines/policies/procedures when representing the equity in their Corporation.

When filling out an app you are underwriting them so to speak so your duty is to the company. It's not about you being truthful during the app. It's about the client being truthful. Your loyalty or bias definitely shifts once you get to medical history on the app.

 

[rousemark]

Anytime you are marketing or soliciting a specific company your duty is to follow their guidelines.

If you made vacuum cleaners and paid a separate business down the street to sell those vacuums for you. There would be certain business and marketing practices you would expect that business down the street to follow when they are selling and advertising your vacuums. But that does not mean they are your employee.

You work for yourself. You choose on your own which carrier's to represent. Even when filing out the app your duty is to the client (it is already assumed you are going to be truthful because of doi regs and carrier contract). You have agreed with the carrier to field underwrite and answer all questions truthfully... but you still are working for yourself/client.


When a stockbroker sells a share of Apple stock, they are not working for Apple or an employee of Apple. They have a contractual duty to Apple to follow certain guidelines/policies/procedures when representing the equity in their Corporation.

As a broker you represent the buyer.. as an agent you represent the company even though you are an employee of neither..