Independent Insurance Franchise

independent
An independent political candidate, voter, etc
A Congregationalist
An independent person or body
free from external control and constraint; "an independent mind"; "a series of independent judgments"; "fiercely independent individualism"
mugwump: a neutral or uncommitted person (especially in politics)
autonomous: (of political bodies) not controlled by outside forces; "an autonomous judiciary"; "a sovereign state"

insurance
A practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium
Money paid for this
policy: written contract or certificate of insurance; "you should have read the small print on your policy"
indemnity: protection against future loss
The business of providing such an arrangement
promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company

franchise
An authorization given by a league to own a sports team
a statutory right or privilege granted to a person or group by a government (especially the rights of citizenship and the right to vote)
A business or service given such authorization to operate
grant a franchise to
An authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, e.g., providing a broadcasting service or acting as an agent for a company's products
an authorization to sell a company's goods or services in a particular place