Insurance Glossary


Home service distribution system

A distribution system which is used primarily for individual insurance products and which employs agents who collect premiums and provide service at the policyowner's residence. Each home service agent works within a defined geographical territory. Home service agents offer monthly debit life, health, and fire insurance products as well as products for which premiums are billed by and remitted directly to the insurer. Some market industrial insurance. The home service market is usually middle and lower-middle income individuals and families.


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