Agent Licensing test is hard

[Cornelius]

As someone broke the securities licensing it's also true people can bypass the securities licensed agent and set up a plan over the phone.

 

[Tahoe Ray]

As someone broke the securities licensing it's also true people can bypass the securities licensed agent and set up a plan over the phone.

There are still regulations and SEC oversight for those too.

Often, the company itself is a registered b/d.

 

[DHK]

This was the last group I read about that said that the licensing test is too hard:
[EXTERNAL LINK] - Life-Insurance Licensing Test Is Too Hard, Biased, Primerica Says

 

[rousemark]

Hopefully tomorrow or the next day will be better for you. Either way, get better!

Well, it wasn't, I am in the hospital with another bout of pnemonia.

Sorry to hear that. Do you have a portable unit?

So you're able to swallow a little now? My brother was just able to eat some scrambled eggs, but will have his feeding tube til around Thanksgiving. He lost 30 pounds eating through the feeding tube.

No, I have bottle.. Large one an a cart and smaller ones that fit in a carrying case. I was eating abit but probabbly should not have.. I must have aspirated it and that caused the pnumonia.

 

[Todd King]

Well, it wasn't, I am in the hospital with another bout of pnemonia.

No, I have bottle.. Large one an a cart and smaller ones that fit in a carrying case. I was eating abit but probabbly should not have.. I must have aspirated it and that caused the pnumonia.

So sorry...You'll be out in no time though!

 

[goillini52]

Well, it wasn't, I am in the hospital with another bout of pnemonia.

No, I have bottle.. Large one an a cart and smaller ones that fit in a carrying case. I was eating abit but probabbly should not have.. I must have aspirated it and that caused the pnumonia.

Sorry to hear that Louis, my prayers are with you.

You should get one of those portable concentrators like they have on T.V. Mine weighs around 4 pounds and the battery's rechargeable (home and car). I keep it in the car in case I need it, but hardly use it. I've only taken it on one appointment.

 

[rousemark]

Sorry to hear that Louis, my prayers are with you.

You should get one of those portable concentrators like they have on T.V. Mine weighs around 4 pounds and the battery's rechargeable (home and car). I keep it in the car in case I need it, but hardly use it. I've only taken it on one appointment.

Could not qualify for one through Medicare. They have a silly rule that if you have been on O2 for 5 years, the supplier has to eat the cost for two years. They counted the time that I was using it with my CPAP.

 

[goillini52]

Could not qualify for one through Medicare. They have a silly rule that if you have been on O2 for 5 years, the supplier has to eat the cost for two years. They counted the time that I was using it with my CPAP.

That sucks!!! I guess I got mine after 2 years on.

 

[KathiMR]

While I am not a huge fan of excessive regulation, you might be on to something. In PC( at least in Michigan), there is Personal Lines PC or the full PC license. So, can't sell or legit service Farm, Commercial, WC,BAP,etc without the full license. Life basic if it became your trademark could maybe handle term life, then maybe mid level term & Final expense, then advanced term, WL, UL, IUL, Annuity.

The reason I cringe though is all the new annuity regs to control the bad agents & bad carriers (suitability & best interest), were intended to protect lower knowledge consumers. In reality, it has kept those same less knowledgeable savers with little to invest from having any place to easily save as those most knowledgeable about annuity can't make money on anything other than large existing rollovers or already existing large sums saved elsewhere currently

If you want to offer investments—get a securities license! Not that hard. & mutual funds are a good choice for those maybe lower knowledge or especially those starting out.
Sure there are fixed products but that doesn't give them a lot of choice.

 

[KathiMR]

Incorrect. Selling Mutual Funds requires a Series 63 Securities License.... along with being affiliated with a Broker Dealer. Term requires only an Insurance License and no affiliation with an investment firm of any kind.

Actually in many states it's 6 & 63. I think 6 is the basic one w other states requiring both. & oh yeah. Now they require passing SIE 1st before going on to the others.
But life only licensed agents can work with securities licensed agents/reps who can handle the investment side.