by Insurance Maze » Fri May 02, 2008 09:50 pm
Unfortunately, there are bad insurance agents, just like bad doctors, bad accountants, bad lawyers, bad husbands, bad wives, bad insurance investigators, etc.
It seems that the only time the general public speaks of insurance agents, it's the time they have dealt with one of those.
Ok, for the good guys. How do you conduct your business on a daily basis and how do you present yourself to the general public?
Maze
It seems that the only time the general public speaks of insurance agents, it's the time they have dealt with one of those.
Ok, for the good guys. How do you conduct your business on a daily basis and how do you present yourself to the general public?
Maze
Posted: Mon May 19, 2008 06:11 am Post Subject:
I don't know the answer to that one, except I will be glad to still have the customer after 10 years. (Or still be in the business that long! :D )
Posted: Wed May 21, 2008 05:36 pm Post Subject:
Hi,
This is one problem in insurance selling. Agents would do their best to present the best financial structure of the insurance policy. They would give good points where people can say, "Yes, it is worth to invest my money here." But the truth is, clients would only stick on what they hear is beneficial for them. Most of the time they will not remember any other conditions applied to the policy.
As Maze said on the example above. The client would just remember the quote, "you can stop paying premiums on your policy after 10 years." Not taking into considerations the if's "if the interest rates stay at least at the level they are now, based on current projections..."
To lessen if not to totally avoid this problem, in Insurance selling, agents should make it very clear to the clients that there are conditions applied to the policy. If there are projections, they are only estimates and not fixed values. Maybe insurance agents can discuss more on the beneficial factor of insurance and that is "protection."
Btw... very good question, Maze. It is something that insurance agents would think about. ;)
Joven
Posted: Wed May 21, 2008 06:03 pm Post Subject:
I dont know if its my area or something, but insurance agents are known to take advantage of people. The hardest thing for me is getting in the door. I think agents are lumped into the catagory of Lawyers and Used car Salesman, something to avoid. Good for us that peole need insurance...
As for getting held to a high standard, ya Id agree, but its because we have a professional license...
As for the insurance being a honerable job, the public would say no...
We have people who are Mortgage Protection Specialist now, instead of term life agents.... Insurance have an ugly feel now a days...(in the publics view)
Posted: Tue Jun 17, 2008 04:37 pm Post Subject:
I think agents are lumped into the catagory of Lawyers and Used car Salesman, something to avoid.
Yeah, this is true. Insurance agents are often times rejected. This is the general perception of most people. Agents are selling insurance not for the purpose of helping but for the main reason of earning. This is the reason why they thought of agents as taking advantage of people.
This might be a general concept but for me, it depends on the agent to sell not only his or her products but first of all he or she should sell his or her self be having a good reputation. I have known of many good people who have succeed in this business because of their willingness to help. Helping is their priority and money just comes in.
Posted: Sun Dec 04, 2011 11:30 am Post Subject: owner not renter
i had a policy wrote up for my snowcone business, insurance agent wrote policy up as renter for content 20000. what in the world could be inside a snowcone stand for 20000. the policy should have been wrote on the building not contents. i have 5 policies with this agent so its not like they dont know me, right. true, i never looked over the policy a tragic fire claimed the building a total loss. so when i go to file the claim she tells me she is sorry but i only have content insurance. i tell her it must be just a honest mistake u made on the policy keying it in the system. i am going thru an investigation right now she coherce with her team and they said they didn't take my app. over the phone another guy in the office did . the lady that did my app said she never talked to me. i cant believe they all are lying to keep from paying the claim and i am suppose to have good faith. i will be moving everyone of them shame on you statefarm
Posted: Sat Mar 31, 2012 03:13 am Post Subject: eAGcHVcLVLpAOAvBT
As an agent I answered this qiusteon many times. As others have noted you do get a discount for a monitored alarm system but the cost of the alarm system was never offset by the discount you received. I always advised my clients to weigh the value of their peace of mind of knowing that they had the additional security because the system cost will not be offset by the discount. It is not going to pay for itself.
Add your comment