Can I change my insurance agent?

Recently I found that my insurance agent has cheated me by misguiding me about some wrong investments and now refused to provide me any more services. Now if some other agent is ready to serve me, or I have to make someone, can i change my agent in the record of insurance company. so that if someone is giving me the services he should get the commission or reward for the same.

For your future insurance transactions, you may change your agent as many times as you wish. For the existing business you have given, the respective agent who had it from you would keep getting the commission etc. till the transactions are over or you discontinue.

yes you can.
commission is for any closed deal...honest or not.

Now one thing you can do is stop the transaction and discontinue it, so that the agent can't claim any commission. You need not be depended on the agents any more.

You can start a new transaction with a new agent and continue. By that time you drop complaints to all higher officials regarding his poor service and he will be definitely in trouble. Even you can file a suit against him.

s. u can.

You cannot change the agent for the policy you had already taken.
If you wish you can take another policy from any other agent and avail the services. usually, we agents give service for any other policies also for our customers.

Please give full details of your policy, for further advice in this regard whether you have to continue or may discontinue without much loss.

good luck

pnkmurthy@yahoo.com

Of course; you're not under contact with the agent, right? Investments under the guidance of somebody else is an iffy thing; some of them are out to line their own pockets, not necessarily yours. Contact the insurance company directly or go to their website for a list of agents in your area...and inform them of the problem you've experienced with your current agent.

You have the right to chose whoever to handle your insurance needs. We call this BOR (Broker of record) which is a written authorization from you that you wish (give Name) to be your agent with (certain company). Usually the incumbent agent will get the commission until the contract expires.

Depending on what kind of insurance you have with this agent I would do a BOR 2 months before renewal since the insurance company needs at least 10 days to See if it rescinded.

I have not seen any answers that point this out. If the agent sold you something by misrepresenting the product, especially if it was presented as an investment or savings plan, call the Insurance Commissioner in your state and file a complaint. This is illegal. Second, call the General Agent at the agency where the first agent works and let him know you filed a complaint. File the complaint first. Talk with a second agent, either at the same firm or somewhere else and get a new policy. Be careful, you may lose everything on the first policy unless you file the complaint.
Good Luck.

In the insurance sector, always you have to choose the right
agent, Youcan terminate the frud agent, a discussion with the higher authrities, by ligally. After termination, that agent never get any commision from the authrities.

Of course you can change your agent. Its important to realize who is in control here. You hired that agent and you can fire that agent.
Interview other agents who can rep that company. All new business commissions will now go to the newly hired agent.

yes, you can change your agent at any time .the existing agent is misguided you that's all but not cheated you with your money. so no need to go to higher officials and make it a big issue because he may face many more problems with this so forgive him and do not allow him in your area for any more further business.

yes, you can change if you are intrested i myself ready to help you if you are in chennai pls mail me i am ready to help you pkvjaisankarrr@yahoo.co.in

For an existing policy, you will not be able to change the insurance agent, unless the agent himself is no longer available. For such policies (I believe they are called orphan accounts), the insurace could assign some other agent to service that policy. For any new insurance policy, you always have the choice of picking an insurance agent of your choice.