Definition of "Collection book"

Tracy Murphy real estate agent
Tracy Murphy, Real Estate Agent Coldwell Banker Advantage

Record a debit (or other) agent makes for premiums collected, time period for which the policy is paid, and the week of collection or date the premium was paid. In essence, the debit agent, through the collection book, becomes a bookkeeper as well as a salesperson, since at the end of each week the agent has to balance the debit book, which in some instances is time consuming.

 

Need help from a real estate agent?


Buy Sell Rent

I agree to receive FREE real estate advice.

Are you a real estate agent?


Residential Rental Commercial

I agree to receive FREE real estate advice.

Have a question or comment? We're here to help.

 

*** Your email address will remain confidential.
 

 

Popular Insurance Terms

Popular Insurance Questions