Recruiting

Definition of "Recruiting"

Search, attraction, interview, and employment of insurance agents. This is a primary function of the general agent (GA) or agency manager.

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Related Real Estate Glossary terms

Savings Element

Cash value of life insurance that accumulates according to a table in a policy. It reflects premiums ...

Lease

Written agreement in which the lessee pays rent to the lessor for the use of real property for a sta ...

Investment Earnings Of Insurance Company

Investment income. Insurance companies invest part of their premiums that are not immediately needed ...

Cost Approach

Notion that a buyer should not pay more for a property than it would cost to buy at current prices f ...

Level Premium

Premium that remains unchanged over time, regardless of any change in the nature of the risk. ...

Pooling

Method by which each member of an insurance pool shares in each and every risk written by the other ...

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