43501 061109 For Agent use only Not for public use or distribution 2025

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Agents must act in good faith at all times. They must acquire an appropriate level of knowledge relating to their particular business and meet professional ethical standards. They must act with honesty, integrity, fairness, due diligence and skill.
The meaning of MGA is managing general agent. MGAs are a specialized type of wholesale brokers. Insurance carriers grant them underwriting power. (For this reason, MGAs are also sometimes known as MGUs, managing general underwriters.)
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