Why should an attorney review your contract before switching agencies?
Determine which documents control your relationship and have an attorney review notice, non-compete, non-solicitation and confidentiality terms. Affiliations and roles can differ. Do not infer your rights from a general discussion of independent distribution.
What should you know about Check the scope of the proposed move?
List the products and states you plan to serve independently. Ask the new organization which carrier relationships are accessible and what training is required. Independence does not mean unrestricted access to every carrier or permission to sell outside your authority.
What should you know about Sequence appointments and releases?
Confirm any required exit, release or appointment termination steps under your current arrangement. Complete new contracting and verify active licenses and appointments before solicitation. Avoid assuming a license, appointment or hierarchy relationship can simply be copied to the next organization.
What should you know about Clarify ownership and ongoing obligations?
Review servicing rights, permitted use of records, renewal eligibility and outstanding balances. Maintain client confidentiality and do not disrupt existing coverage during a transition. Document answers in writing and resolve disputes through the appropriate legal or contracting channel.