General Agents

What is General Agents ?

‘General Agents’ are generally those kinds of insurance agents who sell the insurances to other agents or insurance brokers. However, with respect to HR, those employees who have been entrusted with the authority to conduct legal businesses on behalf of the company are called ‘General Agents’.

General agents are utilized as middlemen in dealing with legal obligations as well as in several other important departments when there is a need for bureaucracy. As they are given such an important authority, companies generally entrust it to someone who is trustworthy and has been with the company since a long time

In some cases, companies might delegate this responsibility of being a ‘general agent’ to an agency. This helps the company in handing over the responsibility of certain projects to them while also getting help in legal matters.

More HR Terms

Anti-discrimination Law

What is Anti-discrimination Law?   ‘Anti-discrimination Law’ is the set of rules designed to protect the employees from discrimination based on their age, race, gender,

Flexible Spending Accounts (FSA)

What is Flexible Spending Accounts (FSA) ? ‘Flexible Spending Accounts’ or FSAs are the kinds of salary accounts in the USA, wherein, an employee can

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