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31 October, 2007

Rights Of And Insurance Agents

The Agent's most important right is the right to receive payment for his services,usually in the form of commission.

The agent is also entitled to reimbursement of moneys which he has expended with express authorithy of his principal .However ,such expense has to be reasonable and within acceptable limits.

The agent has the right to perform his duties in the manner which he considers to be appropriate.He may be reject any attempt by his principal to control the manner in which he works.

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