Answers
for life and health.
How much does this cost and how difficult is it to qualify? Do they reject anyone and why?
I've never known any life/health agents or brokers who have needed a bond. Depending on what kind of bond you are looking for, the cost would vary.
I think you're confused, though.
In order to sell insurance, you have to pass a knowledge test, pay for the license, and not be a convicted felon. THEN, you have to talk an insurance company into letting you sell their products.
Lots and lots of people can't pass the test.
Agent Intelligance a web based client management and policy administration software solution for the health insurance, life insurance and ...
www.NetQuote.com
I am an independent agent. They email me people needing my products and services as soon as they complete an online questionairre. Be ready to answer the phone or check your email within a half hour..
I suggest you call/email the Florida Department of Financial Services.
http://www.myfloridacfo.com/
I bought a car last week and the dealer had an agent come and take pictures and give me insurance right at the spot, I like doing what he is doing but have no idea what i have to do, can you please tell me how to get my auto insurance agent/broker license in CA and if I have to have an office or I can just work on my laptop from home? Thank you
Insurance is run by Departments of Insurance in each state, so do a dearch for California Insurance department and it will give you the requirements for a license.
Good luck!
Want to know the disadvantages of being a Insurance Agent or a Financial Advisor.
First off, these two things are the same as the products you sell are marketed the same way.
Disadvantages are many but thats what you get for selecting one of the best occupations around. If it was easy, everyone would do it, correct?
1) hard work - everyone hears this and says "yeah yeah everything is hard work, I've done it before, I'm used to it..." With all due respect no you are not used to it and your idea of hard work in most cases won't come close to how truly you must commit yourself to long hard hours for many years to achieve success
2) fear of rejection - if you have anything less than skin thicker than an elephant's behind, you will be run out of this business very quickly. The amount of rejection, from both strangers and friends and family alike you will be constant and overwhleming. Very few people can keep their attitues where they should be grit through it
3) Pressure to earn - these are commisison roles or at least after one year they are all commission roles. If you do not have a cushion of cash saved up or income from another source (ie. a spouse) the pressure to make sales right now will drive your customers away in hordes and you will always be opertaing under the gun, never realy sure if the advice you are giving is best for your client or for your wallet.
There are many many other disadvantages but the advantages are both numerous and compelling which is why so mnay people take a shot at these careers. The industry statistics show that if 10 people embarked on careers today in these occupations (regardless of company)
2.4 will still be in the business in 2 years from now. But I will say those 2.4 people are truly engaged in a lucrative and rewarding career.
Aon Falls After Reporting 25 Percent Profit Decline
Oct. 30 (Bloomberg) -- Aon Corp., the largest insurance broker, fell the most in six months after posting a 25 percent profit drop and saying revenue from its main unit declined excluding acquisitions and currency fluctuations.
Third quarter net income from continuing operations dropped to $117 million, or 40 cents a share, from $155 million, or 53 cents, in the same period a year earlier, the Chicago-based broker said today in a statement. Income excluding some items was 65 cents a share, missing by 1 cent the average estimate of 14 analysts surveyed by Bloomberg.
Aon depends on commission from matching insurers from clients and has faced pressure as corporations reduce coverage amid the recession. So-called organic revenue at its brokerage unit, excluding recently purchased businesses and the effects of currency fluctuations, declined 3 percent, led by a drop at the Europe, Middle East and Africa unit.
The decline was “driven by impacts of both the weak economy and a soft market” for insurance rates, Chief Executive Officer Gregory Case said in a conference call today.
Real Estate Short Sales | Insurance Agent and Broker Marketing
A legitimate industrial momentary trafficking is when a domestic gets sold and the proceeds from the trading “depend on runty” of what the characteristic owners owes on the mortgage(s) on the retirement community. The bank(s) agrees quondam to closing to take on a lesser amount than what it is owned. The bank will do this if it feels it will get more hard cash through a hastily yard sale than through the propitious and valuable outlay of a foreclosure spirit. The trait possessor will often upon a veritable industrial straight purchasing when the proprietress receives confidence from the bank the credit will be deemed “paid in full.” Sometimes though, the effects proprietor’s only choice is the concise sellathon, even if a deficiency intelligence results in the take care of. Once you have identified that you must tattle on your abode and you are uneasy about maintaining your confidence rating, you must interrogate the greatest trustworthy class band to successfully calling through the tangible development little yard sale. That’s make up for, the discipline retinue. The uncivil on offer modify is informal to talk about, but the actuality is that few companies give personal property abbreviate yard sale recommendation. Information companies successfully forbear the idiosyncrasy proprietor through to the very end, with unreduced amnesty on the credit. Here are some vital issues you should whereabouts in the appraise: First and chief, one must discern that actual rank sharp sales take much longer than “average” sales. This is because the bank requires a due-diligence days to secure that it is not being entranced help of and to guarantee that it is getting the excellent indemnification on its investment. I in that this is satisfactory. But there are things that your actual level convention can do to take off the poor vending change go quicker, and that is where suffer is the key. A bona fide place attendance with truthful trading estate straitened trading sample will have a kit, a container, or at least a prepare to enable the lenders settling-making capacity. This carton should file everything the lender will demand to build its way of thinking on the natural rally value of the worth. Additionally, the natural class Pty giving you shorten on offer guidance should be microwave-ready to equip the following gen to the lender at first connection (Be proactive, do not put off for the lender to ask): If you project on selling through a verifiable development concise rummage sale, well-grounded infer from that it will take some effort. In the covet run, it will be advantage the hassle as you will bigger tend your acclaim rating and you most probably won’t have to recompense as much of the capital. The selection of essential rank adroit could be the inconsistency between sensation and downfall, so opt wisely on who should give you this deficient rare buying par. If you map on buying through a tangible mansion underfunded sales event, about that fortitude is a chasteness. No consequence what the digs proprietor agrees upon in the sales narrow, the bank will be the ultimate decisiveness maker in the dispose of. The bank and the licit capital professionals will resolve how covet the whole dispose of takes, so pick out your diminutive yard sale opinion (verified rank firm) carefully.
News
Aon Falls After Reporting 25 Percent Profit DeclineBloomberg - Oct 30, 2009
RTT NewsOct. 30 () -- Aon Corp., the largest insurance broker, fell the most in six months after posting a 25 percent profit drop and saying Aon results highlight tough quarter for insurance brokersAon Corp 3Q Earnings Up 3% On 2008 Losses; Views MissedAon Reports Third Quarter 2009 Results - -all 46 news articles »
The Columbian - Nov 01, 2009
Audrey Brouwer, a licensed agent for Davidson Insurance of Vancouver, has been awarded the Certified Insurance Counselor designation from the Society of and more »Southtown Star - Nov 01, 2009
Step one in the life insurance review process is to work with an independent insurance adviser or an independent broker. In the case of an adviser,Wall Street Journal - Oct 27, 2009
RTT NewsThe insurance broker and risk-management firm also said it will reduce its work force by about 4%, or 400 positions, through a combination of cuts and Arthur J. Gallagher Acquires Hawaiian Wholesale BrokerUPDATE 1-Arthur Gallagher sees difficult 2010; shares fallAJG Increases 3rd Quarter Net Income 10% - -all 37 news articles »
Bizjournals.com - Oct 31, 2009
Los Angeles TimesAndy Zighelboim, a broker with Colliers International Investment Services, said he understands that the Federal Deposit Insurance Corp. will take control of US Bank takes over Pacific National, 8 other banksall 858 news articles »