Hello, I am new to the Insurance industry, unlicensed, and looking to learn a lot from everyone here on the forum. Just looking for the best way to get started in the industry.
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First figure out what type of insurance or what market you'd like to pursue.Hello, I am new to the Insurance industry, unlicensed, and looking to learn a lot from everyone here on the forum. Just looking for the best way to get started in the industry.
First figure out what type of insurance or what market you'd like to pursue.
Finding the sale each month requires most of the work. After that I usually vacation until the next month. The hardest part is finding people with good credit so that they don't withdraw all the money from their "bank" and not pay it back. That doesn't look good for your renewals.
Preferably anything very lucrative, (hope that isn't too shallow, lol). I'd like to probably steer clear of P & C because I don't want a lot of servicing clients after a closed sale.
I've read many things about Whole life, which I believe is usually a higher commission than term so that's definitely attractive to me.
I want to steer clear of those places that are just looking to get newbies on board, sell to all their friends and family, and then spit them out after they can't find anymore clients then tell them goodbye and thanks for playing. I know there's lots of companies like that and I'd rather avoid them.
Another type company I want to stay away from are the ones where they take a disproportionate larger share of the commission and/or have high overhead costs payable by you. Now I know I don't have any experience/knowledge about the industry so I'd be willing to make some trade-offs based on that, I just don't want to sell myself short and have things be more difficult than it really needs to be because I am new.
Just cruise on over to the Final Expense Forum. You will be wooed by heavy hitters, lightweights, and everything in between. BEWARE of those who private message you quickly, as they are usually the ones who are the least transparent.
That Forum has a way of weeding out the real deal from the posers.
Good Luck. This avenue is much more attainable than the pipe dream offered up in post #4.
Haha, thanks. That's the funny thing about the Insurance industry, it's similar to the Financial/Real Estate industries in that you have everything from posers, people with nefarious motivations, downright criminals, and a few true Professionals. I'm just green as heck and trying to start off on the right foot, build a great reputation of integrity, professionalism and honesty and hopefully make some serious money without compromising those values.