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What is minimum business target of sbi life insurance agent for a year?
Wiki User
∙ 10y ago
No such conditions. But you need to do business.
Wiki User
∙ 10y ago
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What is the minimum liability insurance needed to meet financial responsibity?
The minimum Liability Requirements in the United States are regulated by each individual state. You will need to contact an insurance agent in your state and ask the minimum limits required.
How do you start in insurance business as an agent?
First get your insurance license (look up the Department of Insurance in your state). Then find a good brokerage house that offers good contracts with multiple insurance companies.
How much commission to insurance agent on Universal LIfe policies?
In Canada, in the case of a brokerage (independent business that can sell products from a number of different insurance companies) usually 60% of the 1st year's premium goes to the insurance brokerage (business that the aggent works for) and then the agent may get 60% of that . If a brokerage does enough volume, they may qualify for a "bonus" from the insurance company and the agent may receive a portion of this too, upon the descretion of the brokerage.
Where do you go to get insured and bonded for pet care business?
I would start with an agent I know, maybe one who writes or wrote your personal insurance.
What is the role of development officer in insurance company?
The development officers are paid employees of Insurance Cos who are offered remuneration along with commission on business secured through his agent base. The main activity of the development officer is facilitate agents to secure insurance business on behalf of the company. In fact they act as middleman between agents and the insurance company.
How could one become a business insurance agent?
You can become a business insurance agent by studying insurance in college or business in college. In addition, you can become a business insurance agent by applying for an insurance company.
What is the difference between an independent insurance agency and an independent insurance agent?
The agency is the business and the agent is a person.
Where can one find business insurance services?
One can find business insurance services by contacting a business insurance agent. They can answer questions about business insurance and determine the best kind for a particular business.
What are risks covered by business insurance?
Business insurance policies can be custom tailored too your needs. I would suggest speaking with an insurance agent.
How do you write a business plan as an Insurance agent?
To write a business plan as an insurance agent you should include the executive summary, marketing plan and the key employees. You have to focus on your niche and write about how your business will be successful.
Are agent fees tax deductible?
You mean like a Hollywood talent agent? That would be deductible if you were in show business. If you mean like an insurance agent, that would not be deductible unless it was necessary to help you buy insurance for your business.
What classes to I have to take in order to become an insurance agent?
To become an insurance agent you should get a degree in Business or Economics. You should also familiarize yourself with the insurance field.
What is the relationship between the insurance agent and the insurance carrier?
the agent is under the authority of the principal, or insurance carrier, and has the ability to make decisions as a representative of the carrier. Therefore, the principal can be held legally liable for the agent's business
What is the recommended amount of liability car insurance in Texas?
The minimum required for liability car insurance in Texas is $10,000. There is no recommended amount just the minimum. If you want more than the minimum your agent will be able to assist you with that.
What is the role of a business development manager in insurance industry?
development was make agent grow business .
How do you become an insurance agent?
You can receive a bachelors degree in business and familiarize yourself with the insurance field. Many insurance companies like Statefarm also require and exam to become an insurance agent in their company.
What is the minimum coverage the No-Fault law requires?
Each state in the U.S. regulates it's own minimum requirements for Auto Insurance coverage. All you have to do is ask your insurance agent or company and they can tell you the minimum requirements for your state.
