Credit Check/Insurance Agent

[Jasblt]

I am considering a career change and going into insurance sales, I read a post earlier about companies performing credit checks. Do they do this on all or just independents opening there own office? The recession crushed me and that is a concern.

 

[Newby]

I am considering a career change and going into insurance sales, I read a post earlier about companies performing credit checks. Do they do this on all or just independents opening there own office? The recession crushed me and that is a concern.

Every agent gets credit checked because advances are loans to you. Most agents can get approved but not all.

 

[Josh]

Every agent gets credit checked because advances are loans to you. Most agents can get approved but not all.

Not to be disagreeable, but not every agent. There are a lot of agents that don't get advances. This forum is mostly made of straight commission agents, but there lots of other positions an insurance agent can have that are salaried.

 

[thomasm]

My credit was trashed when I started. I got appointed with Assurity, Foresters, Guarantee Trust Life, Equitable, Medico, United Healthcare and Humana with no problems! Only company I had trouble with was MoO.

They wanted an explanation for every derogatory account listed on my credit report. I didn't bother responding because the honest truth was that I was financially irresponsible on a straight commission sales income!

If you have a more legitimate reason you should just go ahead and respond with a letter of explanation, when they ask for it! You might just get appointed!