by Guest » Mon Aug 18, 2008 09:21 pm
hello
my wife and i got our L&H licenses last year
and well its not been a prosperous road thus far... i own my own company (been in business over 10 yrs - non insurance related) and my wife is a medical professional (who also works for herself)... we both have a lot of time on our hands and hoped to make some money selling insurance...
we havent found the right opportunity yet
feel that there are perhaps a lot of agencies out there that dont have the agents best interests at heart... i am not about working for someone else...
if anyone knows of the BEST opportunity
to make money selling insurance... then please share/discuss what that opportunity is all about...
look forward to hearing it!
regards
my wife and i got our L&H licenses last year
and well its not been a prosperous road thus far... i own my own company (been in business over 10 yrs - non insurance related) and my wife is a medical professional (who also works for herself)... we both have a lot of time on our hands and hoped to make some money selling insurance...
we havent found the right opportunity yet
feel that there are perhaps a lot of agencies out there that dont have the agents best interests at heart... i am not about working for someone else...
if anyone knows of the BEST opportunity
to make money selling insurance... then please share/discuss what that opportunity is all about...
look forward to hearing it!
regards
Posted: Wed Aug 20, 2008 11:35 pm Post Subject:
Thanks Gary. You motivated me to do some extra calling tonight!
Posted: Thu Aug 21, 2008 06:27 am Post Subject:
Yes, I'd quite agree to the fact that you can't really look forward to people calling you for coverage offers...you being the agent would need to do all the hard work...would not only need to explain the benefits of different coverage in their lives but also why it is so important to get them covered for the unknown. It is often about 'how you sell things than what you're selling'.
Thats why many of the starters would like to work as captive-agents for a couple of years...gain the much needed expertise & then move on with their own independent agencies.
Fatman
Posted: Thu Aug 21, 2008 09:39 am Post Subject:
OHInsAGNT wrote:
Thanks Gary. You motivated me to do some extra calling tonight!
You're welcome!
But, how are you going to overcome the fact that I sold the last policy yesterday? :wink:
Click: Who ya gonna call?
Posted: Wed Aug 27, 2008 04:40 am Post Subject:
It is good to know InsuranceGuyandGal are keen to venture into this business.
Yes, we can make money selling insurance. But I hope making money is not the only reason we sell insurance.
Life insurance is a long term contract that requires commitment from the policyholders to continue paying premium to keep their policies in force.
At the same time, the policyholders would expect their agents to continue serving them for many years to come.
There is nothing wrong or illegal to say that we join insurance to make money. It is perfectly all right for someone to become insurance agent because he wants to create wealth.
But to stay longer in this business or to truly enjoy what we are doing, we need a better reason. We need a better reason to tell us why we should be in this business.
It is about serving the community. It is about making sure people are aware of the importance of insurance and financial planning. It is about making sure that funds are available in the event of emergency. It is about helping people to achieve their dreams and goals in life.
Once we are clear of our mission, we may see this business in different light. Mission is always before commission.
Posted: Thu Aug 28, 2008 12:43 am Post Subject:
But, how are you going to overcome the fact that I sold the last policy yesterday?
I guess I'll just have to focus on convertible term for children. 210 people were just born in the last minute. Do toddlers need umbrella liability?
Posted: Thu Aug 28, 2008 05:54 am Post Subject:
I guess I'll just have to focus on convertible term for children.
Good idea to venture into a relative unexplored field. It is important for the insurance agents to keep exploring new avenues to do businesses.
However, I'm not very comfortable with the idea of purchasing a life insurance policy on a child. Though the definition, as well as the purpose of buying life policies has evolved since its inception, but IMO the purpose of buying a life policy is to protect the future financial interests of the dependents of the policy holder.
A child's policy may be inexpensive but it also doesn't generate great amount of wealth as a significant portion of the premium paid goes towards running the policy.
Folks, I'd certainly love to hear your opinions on this matter. I feel it cab generate good amount of discussion.
~Jeremy
Posted: Thu Aug 28, 2008 06:49 am Post Subject:
Yes, the agents have to have a better reason to be a part of this business for long. There is no point in trying to hide this fact that the agents are here to make money but to make sure that an agent enjoys his job he has to do the following
* While spreading awareness they would need to remember the economic segment that they are hitting & then only deliver their speech.
* They should offers to the best of the client's interest & not only think about his commission.
* They should spread the industry updates to the best interest of their clients while communicating with them.
* Follow up in order to make sure that the consumer has all that he had promised
* A good relationship that ensures the earliest response to his client's call may help an agent establish an effective network with similar other clients associated with his initial clients.
regards, Fatman
Posted: Fri Oct 24, 2008 06:48 pm Post Subject: FE
IF you are looking for top contracts let me know. I work right now with FE and term. I would say it is a great chance to make money if you have a couple guys selling over the phone. The product is 100% over the phone. Good luck and let me know what you think.
Posted: Sat Oct 25, 2008 11:26 am Post Subject:
Do toddlers need umbrella liability?
YES!
:P They call 'em ankle biters for a reason! :wink:
Posted: Mon Oct 27, 2008 08:31 pm Post Subject: FE
InsuranceGuyandGal,
You can make some real good money if you have a couple guys working with you. We do alot of final expense and put the agents at a high commission in hopes they do some business. If you want to try out final expense over the phone please let me know. I do know there is money to be made if you find the right companies.
Add your comment