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

Unfair Labor Practice (ULP)

What is Unfair Labor Practice (ULP)?   ‘Unfair Labor Practice’ or ‘ULP’ refers to the unfair labour practices defined by the National Labor Relations Act

Social Currency (online)

What is Social Currency (online)?   ‘Social Currency’ refers to the kind of resources which can be accessed by anyone in a private or public

Summary Plan Description

What is Summary Plan Description?   ‘Summary Plan Description’ refers to the documented tenets of the predefined benefits plan that the employee is provided with,

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