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It shouldn't. Many people in all different professions have filed bankruptcy, including lawyers, physicians, teachers, etc., which should have no bearing as to what line of work that person is in. Although, when applying for employment with some companies, they do ask if you have ever filed bankruptcy. But, that should still be irrelevant as to whether or not they choose you for the position.

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Q: Will filing for bankruptcy affect you as an insurance agent?
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Can a licensed insurance agent file bankruptcy?

Yes of course. Insurance agents are people too. Just like anyone else, they can run into insurmountable financial difficulties. However, an insurance agent may find difficulty obtaining company appointments once a bankruptcy has been filed.


What is the primary objective of an insurance agent?

The primary objective of an insurance agent is to recommend the best insurance coverage at a fair price for the customer. This may mean less income for the insurance agent, but in the long run a good way to build trust and therefore gain more customers and retain the ones an agent already has.


Where do you get title insurance?

You obtain title insurance from a licensed title insurance agent; I would not purchase it from a captive agent (that is, from the lender providing my loan, or from the realtor listing/selling the house).


How To Be An Insurance Agent?

Many people find that being an insurance agent is a rewarding career. In order to become an insurance agent, you need to pass state licensing tests that certify that you understand insurance regulations and policies in your region. Learning this material takes time. Some insurance companies will hire individuals and pay for their training while they study for the examination, while others only hire agents who have already passed all the necessary licensing and certification tests. Talk to an insurance agent in your area and ask them what steps you need to take in order to become an insurance agent.


What is a title insurance producer?

Generally speaking, a title insurance producer is the same as a title insurance agent.

Related questions

Can you get homeowners insurance from anyone after filing a sinkhole claim?

Possibly. Call an agent.


Can a licensed insurance agent file bankruptcy?

Yes of course. Insurance agents are people too. Just like anyone else, they can run into insurmountable financial difficulties. However, an insurance agent may find difficulty obtaining company appointments once a bankruptcy has been filed.


To whom do you send the SR22 form?

Your insurance agent should have information on any necessary filing.


How do you go about filing an injury claim with your insurance?

It would definitely depend on your insurance company. My insurance company like me to call them when I need to file an insurance claim and then I talk to an agent who takes down the specifics. If you have a personal agent you would want to contact him or her.


How much extra do you pay if you use an automobile insurance agent?

Most automobile insurance companies do not charge anything extra to have access to a company insurance agent, mostly if you need advice or are filing a claim. So the cost would be that its free.


What wouldn't cause your insurance rates to be higher?

Filing no claims on your insurance will not raise your rates. Your insurance agent would just as soon never hear from you except when you pay your premium.


What companies offer sr22 non owners insurance in San Diego California?

Almost any Insurance agent can assist you in filing an sr22 form in your state.


Can you keep an insurance payment check if you have put the outstanding bill on your bankruptcy already?

Take it off your bankrupcy papers and pay the bill, at least the portion that the Insurance gave you. Check with your bankruptcy attorney, insurance agent or doctors office. Generally checks are sent direct to the doctor.


Do you need to file your auto insurance claim with your taxes when filing them?

Your auto insurance claim has nothing to do with filing your income taxes. You file your auto claim by notifying your agent right when the incident occurs so they can start working on the claim as fast as possible.


Does a Minor In Possession of alcohol affect auto insurance?

Contact your agent or policy services for that answer. Were they in a car when caught?


How will 4 points for reckless driving affect Progressive Insurance premiums in Florida?

Call and ask your agent


Will filing Chapter 7 allow your insurance company to cancel your insurance or increase your rates?

The insurance industry has pulled credit for many years to determine eligibility and rates. Rather than obtain a general answer to your question, why not pose it in a specific form to your agent?