Best Answer

== == That would depend on the company the agent is working for.

2008-11-03 10:39:15
This answer is:
User Avatar

Your Answer


Related Questions

Why are there so many different insurance agents?

There are a number of various insurance agents because there is a number of various kinds of insurance. For instance, there are insurance agents for life insurance while there are also insurance agents for automobile insurance.

Number of insurance agents in us?

434,800 in 2008

What is the number of insurance agents by state?

there is no limit there can be millions in 1 state

What do agents and brokers do?

Often called functional middlemen, agents and brokers perform a limited number of services in exchange for a commission that is based on the selling price.

Where can you find a Geico insurance agent in Dallas Texas?

Geico does not have Agents. there is no such thing as a Geico Insurance Agent. Geico sells insurance direct via an 1-800 number out of Florida. They are a "Direct Seller", they don't use insurance agents at all. They do have a claims servicing center in Dallas Texas but no agents anywhere.

Are insurance recruiters in demand?

Insurance recruiters always seem to be in demand. The problem with this, however, is that insurance recruiters generally work off of commission and with the economy the way it is, the number of people purchasing insurance is decreasing.

What is an Insurance Sales Agent?

What Is an Insurance Sales Agent?Insurance sales agents act as a liaison between the insurance companies and individuals seeking insurance coverage. These agents are responsible for helping people find the best coverage for their needs and financial situation. Types of insurance sold by insurance agents include life, property and casualty, health, auto and disability. Some sales agents work solely for one insurance company, while others work independently and sell coverage for multiple companies.In response to increasing competition within the industry, some insurance sales agents are now providing risk management and financial advice to their customers. These types of services include retirement and estate planning.SalaryAccording to the Bureau of Labor Statistics, the median annual salary for an insurance sales agent is approximately $45,000. Generally, salaries are comprised of a base payment, commissions and bonuses. Commissions are generated by the volume of sales, type of insurance sold and whether the sale is a renewal or a new sale. Some independent agents work on a commission-only basis.Most agents can expect to receive some additional job perks. Many companies provide continuing education, office space and administrative support services. Some companies also pay for marketing, transportation and promotions. Generally, these perks do not apply to independent agents; however, independent agents can expect a higher commission to compensate for these expenses.Job RequirementsThere is no specific background needed to become an insurance sales agent, but many agents hold a bachelor’s degree in a related field such as business, finance or economics. Good candidates for employment in the industry exhibit strong sales techniques and communication skills.Prior to beginning work as an insurance sales agent, all employees must obtain a license from the state where they plan to work. Generally, these licenses are granted following required coursework and exams. Most states require updated training every two years to maintain certification.Job GrowthThe number of employment opportunities for insurance sales agents is expected to increase by 12% from 2008 to 2018. The demand for agents that sell insurance for a single company is expected to decrease as the insurance companies cut costs and depend more on independent agents.

What are the advantages of Term life insurance?

Term life insurance is the simplest form of life insurance. It was developed to provide temporary life insurance protection on a limited budget to the maximum number of people.

Is there an out of pocket maximum for dental insurance?

It depends on the type of insurance that is right for you. How much you would like to pay a month, deductible, number of member in your plan.

What is Geico insurance company 3 digit code number?

GEICO General Insurance Company 3 digit code number In MA rmv code - 343 NY dmv code - 639 NJ Motor Vehicle Commission code - 639

Is there a progressive car insurance agent in Paragould Arkansas?

There are a number of car insurance agents that provide progressive car insurance in Paragould, Arkansas. The best thing to do is to look around for the best deal in town to meet your needs.

What types of insurance do e insurance offer?

EInsurance offers automobile, health, home, life, and business insurance. They offer free quotes from a vast number of insurance providers in order to offer consumers the maximum amount of savings.

Where does Forest Insurance Facilities operate?

Forest Insurance Facilities operates in Louisiana. The company started operating in 1983. It keeps the number of retail agents limited and offers services at a lower price.

Who control life insurance companies in US?

Each State has a regulatory office over insurance agents, underwriters and companies. Contact your State's Governor's office and they can connect you or give you the right telephone number.

What is the difference between insurance broker and insurance agent?

An insurance broker differs from an insurance agent in that a broker is considered an agent of the Insured even though he or she may receive a commission from the insurance company A broker may sell the products of a number of insurers whereas an insurance agent has the Insurer as his principal and works in the interest of the Insurer and not the Insured

Can you get life insurance with out a social security number?

Yes, there are a few companies that offer it if you have a visa or an ITIN number. Be careful though, some agents will tell you theirs does just to make the sale. -

Where can one find quotes for Liberty Mutual Insurance Company?

Liberty Mutual Insurance offers quotes directly through their website, or by phone by calling their toll-free number. Quotes can also be obtained from licensed agents or through multi-company quoting services such as Insurance Quotes.

UUnlimited Job Opportunities Exist In the Health Insurance Industry?

The health insurance field is always expanding because many people need health insurance in order to pay for their medical office visits, surgeries, hospital expenses and prescription medicines. Careers in the health insurance field vary, from insurance underwriters to licensed insurance agents. Some larger insurance companies offer college graduates paid internships that provide students with additional training and on-the-job training opportunities. There is no limit to the number of available jobs within the health insurance industry. Licensed Insurance agents help prospective clients to choose the best health insurance policies for their particular requirements. Insurance agents are not required to have college degrees, but some states do require that insurance agents take classes in order to obtain their licenses. Licensed insurance agents are also required to take continuing education classes to keep up with current practices and laws. Although it is easy for people to obtain free online insurance quotes, they still need to talk with insurance agents in order to clarify various policy issues. Insurance agents often need administrative assistants to help them with customer inquiries and other various administrative office duties. Sometimes insurance agents give free seminars, and administrative assistants help plan the seminars and accompany the agents to these seminars. One fairly easy way to break into the health insurance industry is by working as a customer service representative who specializes in answering questions patients have about their health insurance claims. Patients often have questions about their insurance coverage, and whether or not particular medical services are or are not covered. Patients also want to make sure they are paying the correct fees for their medical services. Similarly to customer service representatives, claim benefits specialists are able to answer more complicated questions about insurance policies. Customer service representatives, as well as claims benefits specialists, do not always need college degrees for these positions. College degrees are helpful when applying for jobs, but not always necessary. Insurance representatives need to have good communication skills and analytical minds. There are many different types of insurance policies, and these policies require accurate interpretations. It is also helpful to understand health laws as they pertain to particular states.

Maximum number of right angles in a hexagon?

The maximum number is 5.

What is the maximum number of valance electrons an element can have?

The maximum number is 8.

How do you find the maximum and range?

the maximum is whatever the biggest number is and the range is the maximum (the largest number) minus the minimum (the smallest/lowest number)

What is the maximum number of ethnesities you can have?

the maximum is five.

Contact number of state farm auto insurance?

According to the State Farm website customers should contact their local state farm agent's local number. 24 hour support is available from most agents.

What does errors and omission insurance cost for realtors?

Insurance costs depend on several factors, such as location, size of company and number of transactions each year (or income or number of real estate agents - the rating basis can vary) and claims history. It also depends on the limits, coverage form, endorsements, deductibles and the overall claims history of that class of business with the chosen insurance company.

Largest of three numbers without using ternary operators in java?

Initially assume the maximum is equal to the first number. Then compare the maximum to the second number; if the second number is larger than the temporary maximum, assign the second number to the maximum. Repeat for the third number.If you use a for loop, and an array, you can easily expand the program to get the largest out of much larger sets of numbers.