Can I sell insurance with bad credit??

Discussion in 'Getting Started Selling Insurance' started by JE INSURANCE, Apr 10, 2008.

  1. JE INSURANCE
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    JE INSURANCE Well-Known Member

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    i seem to have had a hard time getting hired due to the fact that i have some credit issues.....ive had great interviews with principal, nyl and aig but all of them said i have to get my credit fixed...will anyone hire me or is it a lost cost...thanx for any input
     
  2. senior-advisor-indiana
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    senior-advisor-indiana Well-Known Member

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    You need to have a credit score of atleast 699 to be in this business.















    just kidding
     
  3. senior-advisor-indiana
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    senior-advisor-indiana Well-Known Member

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    Someone will give you a real anwer eventually. I have known people with bankruptcies get appointed and felonies for that matter. Not sure about the big companies like NYL though. Obviously you need good credit to work for them.
     
  4. JE INSURANCE
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    JE INSURANCE Well-Known Member

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    any suggestions?? getting real frustrated
     
  5. senior-advisor-indiana
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    senior-advisor-indiana Well-Known Member

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    You should be fine. What markets are you targeting?
     
  6. JE INSURANCE
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    JE INSURANCE Well-Known Member

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    i just got my 2-15 in florida, ft laud/miami area
     
  7. senior-advisor-indiana
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    senior-advisor-indiana Well-Known Member

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    Cool. What do you do with a 2-15? Do you have your insurance license?:)
     
  8. JE INSURANCE
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    JE INSURANCE Well-Known Member

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    Life Health And Fixed Annuities, I Also Got An Offer From Colonial Life But It Seems Like A Lot Of Leg Work And Little Pay
     
  9. TXINSURANCE
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    TXINSURANCE Well-Known Member

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    If you needed good credit to sell insurance this forum would be substantially smaller than it is.

    Unless someone is fronting you money or advances (maybe) credit is seldom an issue unless you burned some major company for big bucks and they found out on your report.

    You are fine... Start selling and making money.... Good luck!
     
  10. Crabcake Johnny
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    Crabcake Johnny Well-Known Member

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    I have yet to hear of an individual health carrier declining to appoint based on credit. My credit was trashed when I got into the biz and I picked up all six carriers in MD with advances on Time and GR.

    When I hired I took on a lot of agents who just BK'd and it never affected them. But, like stated, if you owe a carrier a chunk that would harm you.
     

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