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Life & Health · Chapter 1 · Industry Basics

Broker

Definition
Represents the insured (client), NOT the insurer — and cannot bind coverage.
Exam tip
Agent binds, broker doesn't. Classic exam pairing. ⚠️ Florida caveat: Florida does not license "brokers." F.S. 626.015 knows only agents (general lines, life, health, title) and customer representatives — on Florida-law questions, think agent.
Easy to confuse with

These are what this term gets tested against — if you can't tell them apart cold, drill the contrast.

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Verified against primary sources · 2026-08-10