A light-second is the distance light travels in one second, or 7.5 times the distance around Earthâs equator. A light-year is the distance light travels in one year. How far is that? Multiply the number of seconds in one year by the number of miles or kilometers that light travels in one second, and there you have it: one light-year. Itâs about 5.88 trillion miles (9.5 trillion km).
They both have the same licensing requirements required by the State(s) in which they transact business, but the big difference is who they work for. An insurance agent is an insurance companyâs representative and the agentâs primary alliance is with the insurance carrier (company), not the insurance buyer.
Having insurance coverage can give you peace of mind as a business owner. Insurance can protect your business from damage that could otherwise cause severe financial problems. Not all insurance is create equally, however. When selecting an insurance policy, you should understand the differences between standard policies and broad form policies. Standard Insurance A standard insurance policy is the basic policy offered by an insurance company.