IDEAS home Printed from
   My bibliography  Save this article

Insurance Agents In The Sale Of Insurance €“ Competence, Responsibility And Limitations Through Legislation


  • RAHAU, Loredana
  • FORGACIU, Flavia
  • NEAGU-MOISA, Gheorghe


In most cases insurance does not end directly between the contracting parties butthrough intermediaries that can be insurance agents or brokers. Under the legislation, insurance brokers are insurance broker, insurance agent, insurance sub-agents andagent reports. According to Law 403/ 2004 as amended insurance agent can benatural or legal person, while the broker is the only person who arranges and negotiates insurance contracts for its clients and assist before and during the performance of his contract in connection with regulation damages.

Suggested Citation

  • RAHAU, Loredana & FORGACIU, Flavia & NEAGU-MOISA, Gheorghe, 2012. "Insurance Agents In The Sale Of Insurance €“ Competence, Responsibility And Limitations Through Legislation," Academica Science Journal, Economica Series, Dimitrie Cantemir University, Faculty of Economical Science, vol. 1(1), pages 103-108, November.
  • Handle: RePEc:tig:journl:v:1:y:2012:i:1:p:103-108

    Download full text from publisher

    File URL:
    Download Restriction: no

    More about this item


    insurances; agents; sale; legislation;


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tig:journl:v:1:y:2012:i:1:p:103-108. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Maria Oroian). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.