Where to start as a new licensee

by Guest » Mon May 21, 2007 08:47 am
Guest

Hi,
I am new to the insurance biz, and could really use some advice on getting started. I am a Respiratory Therapist (14yrs into it) so I like the good, stable income it provides for my family, so I can't give that up right now until I can realize if I can do well at this new line of work.
Should I start as an independent agent so I can do it part time? If so, who would be a good company to start with? Good training, and support would be essential.
Any thoughts would be greatly appreciated.
Kindly,
B.Lane

Total Comments: 27

Posted: Wed May 23, 2007 03:05 am Post Subject:

Thanks Cyrus!
Blessings to you as well my friend...:-)

Posted: Wed May 23, 2007 11:01 pm Post Subject:

NAA is a good place to begin. They provide training and cheap leads. I would suggest that you expand your knowledge outside of NAA as well. The train their agents to sell simplified issue term policies because they issue fast so you get paid quickly. IMO they do a disservice to their clients by not offering fully underwritten products that would save their clients money. You should also learn the benefits of permanent products because in a lot of morgtgage protection cases they are better for the client.

Posted: Thu May 24, 2007 06:18 am Post Subject:

Thanks for the advice Rich.
I am totally open to any and all advice, as I am trying to expand my knowledge base as much as possible.
Thanks again,
Barry

Posted: Sun Jun 03, 2007 03:23 pm Post Subject: New Agent

Hope you don't mind me throwing my two cents into the arena.

I do not know the health insurance side but do know p/c. If you want to do this parttime, while holding down a "regular" job, call around to independent agencies and ask if they are open to hiring someone in your parttime position.

Let them interview you BUT also know that YOU are interviewing them. Do not go to work for the first agency that is willing to hire you, particularly if you do not feel completely comfortable with the people you meet. There are plenty of agencies out there.

Finally, as you begin approaching family, friends and others about your new business ask if they will give you an opportunity to see if you can save them money. Nearly everyone is ok with trying to save money. Let them know that you only work with "A" rated carriers (hopefully you do).

It takes persistency in insurance. Do not give up.

*System Edited : Link moved to Signature as per TOS

Posted: Sun Jun 03, 2007 11:55 pm Post Subject:

I would like to through another 2 cents in here too! I have been around and worked for a bunch of companies...now granted I do not live in Colorado, but my Company New York Life has an incredible training program especially for someone getting into the business and well the training is just unbelieveable....I love the atmosphere and the benefits are amazing...Jusst thought I would through that out there. I know that New York Life has offices all around the country you may want to look in to them, other good ones are Mass Mutual, (I worked for them also but the training was not as good) But that will vary from place to place and state to state. Look for an AAA rated company and a company that has good products to offer your clients, that is most important. If you have any questions, please do not hesitate to contact me! Good Luck

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