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What else can I help you with?
How do you find a life insurance company Eastern Life Insurance of New York The company may have merged?
Before an insurance company can sell insurance in a certain state, it must register with the State Dept of Insurance. If the company is sold, then it must notify the Dept of who it was sold to. If it just closes down, its policies were likely sold to another company, the Dept will have to be notified of that as well. Contact the NY Dept of Insurance and inquire there.
Which insurance company took over Atlantic Life Insurance Company of Richmond Virginia?
Before an insurance company can sell insurance in a certain state, it must register with the State Dept of Insurance. If the company is sold, then it must notify the Dept of who it was sold to. If it just closes down, its policies were likely sold to another company, the Dept will have to be notified of that as well. Contact the VA Dept of Insurance and inquire there. I'll add that thanks to the info i inquired and found out that jackson ins co took over for atlantic of richmond virginia.
What happened to Southwestern Life Insurance Company Dallas TX?
Sold to Tenneco
Oil Industries Insurance Company of Houston TX got sold to whom?
allstate
What type of life insurance can be sold?
There are several types of life insurance that can be sold, including term life insurance, whole life insurance, universal life insurance, and variable life insurance. Term life provides coverage for a specific period, while whole life offers lifelong coverage with a cash value component. Universal life allows for flexible premiums and death benefits, and variable life includes investment options that can affect the cash value and death benefit. Each type serves different financial needs and goals.
What types of insurance is sold by Versicherung?
There are several types of insurance sold by Versicherung. They sell renters insurance, home insurance, health insurance and car insurance. They will help the consumer review their plans and help decide which is the right insurance for them.
How much do business insurance agents get paid annually in Ontario?
Insurance agents get paid on commission. The usual range for commission is between 5% and 15% of the amount of the premium sold. The average commission is about 10%.
Can I apply for services on the Affirmative Auto Insurance website?
Affirmative Auto Insurance is only sold by Agents in 11 States, but you can go to the Website and Request Auto Insurance Quotes from the Agents that Sell Affirmative Auto Insurance. You can also find a listing of Agencies that Sell Affirmative Auto Insurance of the Website as well.
Can life insurance agents split a sales commission?
Yes, they may split a sales commission with another who is also licensed for the line of insurance of the policy which was sold. Both must be licensed in insurance.
Can you sell structured insurance settlement plans to someone?
Structured insurance settlements can be sold to another person as long as they sign a contract thereby giving the settlement to them. This can be a tricky process, however.
Can you sell structured insurance settlement plans to your family?
While there may not be anything technically illegal about it, this may not be a good idea. If something goes wrong and the insurance has to be used, it will look very suspicious that a family member was the one who sold the insurance.
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.
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.
Who can sell Non resident insurance license?
Non-resident insurance licenses can typically be sold by licensed insurance agents or brokers who hold a valid resident license in their home state and meet the regulatory requirements of the states where they wish to sell insurance. These agents must also comply with the laws and regulations governing insurance sales in the non-resident state, which may include obtaining a non-resident license. Additionally, some states may require specific continuing education or background checks for non-resident licensees.
How can you obtain travelers insurance?
You can either contact licensed insurance agent (although not all sell travel insurance) or a licensed travel agent. Alternatively, travel insurance is often sold on line in conjunction with services by which to book transportation and accommodations. If you choose to purchase it yourself, read info on all insurance plans and choose what works best at your own pace.
How can I find my travel insurance policy number?
It is written in your document. Take a brief look at your document. It is mentioned there. If you do not have the policy, since travel insurance policies are often sold by travel agents, contact the agent for information. At the least, the travel agent will have a record of the insurer with which it works for travel insurance and should be able to put you in contact with it.
Where is Green Flag insurance sold?
Green Flag insurance is sold in England. The business headquarters are located in Leeds, United Kingdom. The insurance is sold throughout the UK and over the internet and in some USA locations.
