Michael M Insurance Services Blog
The Captive Agent is an agent that is employed by the individual Insurance Company. While the captive agent is probably honest and governed by standards set by the carrier, here are a few things to take into consideration.
1) The Captive Agent only represents one plan, the one he/she are employed with. You will not get a good comparison with the other choices that are out there.
2) Sometimes you will be speaking with a Temp. A little scary because sometimes important plan items are omitted, like a deductible or coverage parameters.
3) What if you have questions after signing up? Well, one thing is certain, you will not be able to get that agent on the phone again, the 800 number will send you to the next available agent.
4) A Medicare Advisor, like yours truly, is paid when an individual plan renews therefore and has a vested interest in keeping clients and their satisfaction with his/her services is extremely important.