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How does a life insurance agent increase his or her sales?
A life insurance agent increases their sales by adding bundled packages such as adding home insurance to car insurance. They also do price matching and then randomly up the price the following year.
What is the career span of an insurance agent?
Watch the movie "death of a sales man"
Facts about Insurance Agent School?
Insurance agents are required, at a minimum, to be licensed in order to sell insurance. Each state has different requirements. Insurance agencies usually have specific educational requirements that include a college degree. A degree in business and sales is most appropriate for insurance agents. After the initial requirement is filled, the potential employee will be required to go through insurance agent school. Insurance agent schools provide necessary tools for agents to perform their job properly. This includes customer relations, sales techniques, difference in types of insurance and how to properly execute the paperwork necessary to complete a transaction. An insurance agent school program is often paid for by the employer with the provision that the insurance agent works a designated amount of time with their office. This is a great way for potential insurance agents to get through school and into work immediately following successful completion of the program. Insurance agents usually work on a commission basis. That means that the agent makes a certain percentage of the amount of insurance he or she sells. If the agent is unable to secure any insurance sales, he or she will not make any money. The percentage of the commission depends on the company the insurance agent works for. It can run from 30% to 70% which is strictly dependent on the contract between the insurance agency and the insurance agent. It also depends on the type of insurance being sold. For example there is a difference between pay for homeowner's insurance and life insurance. Since many types of insurance are required, there is great potential for insurance agents to make extremely good commissions. Attending an insurance agent school will give the student the knowledge to sell insurance at a high rate. Insurance agents provide the ability to get necessary insurance coverage as well as more uncommon insurance types. The possibilities are, literally, endless for insurance agents who understand how sales work and how to properly close an insurance sale.
Where can I learn how to become an insurance agent?
While a degree in business or economics can definitely help land a job as an insurance agent, it's not a requirement. A strong-background in sales and a willingness to learn would be just fine. A good way to get a foot in the door would be an assistant job for an insurance agent.
What is the maximum number of life insurance agents that can split a sales commission?
== == That would depend on the company the agent is working for.
What has the author Gary H Snouffer written?
Gary H. Snouffer has written: 'Life insurance agent' -- subject(s): Life Insurance, Life insurance agents 'The Sales & Marketing Guide to Variable Annuities' 'Variable Life Essentials' 'Property & casualty insurance agent' -- subject(s): Casualty Insurance, Property Insurance
Is insurance sales agent a high paying job?
no my husband has been in it for 8 months and is lucky if he makes 300 a week
What is a 440?
The Florida 440 License is a customer insurance representative license that allows the licensee to work for an insurance agent in the sales and service of property and casualty insurance policies. Those with a 440 license may not work outside the agency to solicit sales, but they typically handle incoming calls and make calls from the licensed insurance agent's place of business. They answer questions from customers and help establish new insurance policies as well as give advice on existing policies.
Does an individual Real Estate sales agent need to carry his own general liability policy?
Errors & Omission Insurance is suggested.
Can you become an insurance agent with bad credit?
Short Answer, No. However I was just refused a sales job after a good interview after the hiring District manager found out about prior civil jugements with a credit card company that had been legally resloved.
What are the rights of an agent in insurance?
An insurance agent has a contract with an insurance company which specifies his rights; but basically an agent has a right to be paid a commission for the insurance that he or she sells.
What the is the meaning of productivity?
The quality or state of being productive; productiveness.
