Career Change

[Tomfromtheshade]

I agree about staying far away from Allstate. I was with them for about a year all together and they sucked. I would have rather started from scratch with no experience going indy. It would have been better.

 

[jas2250]

The more I look at the more I intrigued by this industry. I was just given more territory this week with the potential to make another 30,000 this year. This would put me at about 170k annually for this year. But, I am not sure what the future holds for our industry with what is happening in these uncertain economic times. Companies that have never cut back in this medical industry are doing so now. I am not sure which way to go.

 

[insuranceexec]

The more I look at the more I intrigued by this industry. I was just given more territory this week with the potential to make another 30,000 this year. This would put me at about 170k annually for this year. But, I am not sure what the future holds for our industry with what is happening in these uncertain economic times. Companies that have never cut back in this medical industry are doing so now. I am not sure which way to go.

Go independent; and the United States as a whole can be your territory..........................LOL

 

[jas2250]

The more I think about the insurance business the more intrigued I get. I was just given more territory this week, which I am wanting to get off the road, with the potential to make another 30,000 this year. This would put me at about 170k annually for this year. But, I am not sure what the future holds for our industry with what is happening in these uncertain economic times. Companies that have never cut back in this medical industry are doing so now. I am not sure which way to go.

 

[thebrit]

What part of the medical industry are you in? at $170000 a year why change.How much more than that do you think you can earn at P+C in your first couple years?

 

[jas2250]

Medical Imaging, I have been in it for almost 30 yrs now. I am not so sure if I can earn more but staying on the road 4 to 6 days a week can finally catch up with you. I know I will be taking a cut but how much is the question.

 

[Paradigm]

It is largely up to you how much you earn and whether there will be a paycut. After about 90 days you will find this business has a 7X return on investment so to match your income spend 600+ a week on marketing and you'll make 175+ a year working 40 hours a week or less.

 

[jas2250]

That is very interesting. I have not worked less than a 70 hour week in over 30 years. Would the factor of 7 be very accurate? There is very few industries that the return is that high on your marketing dollars.

 

[hlink20]

I have been in the medical industry for over 25 years and traveling 90% of the time. A very good friend of mine has been a State Farm agent for over 30 yrs and has suggested a take a look at the insurance business. At age 50 I question if I should be contemplating starting over. He suggested I take a serious look at Farmers

In my opinion it is always a good idea to access all of your options. However, I don't know if I would suggest that you start over with a captive P/C firm in which you really do not have ownership of your business. Good luck.