P/C or Life

Mar 24, 2008

  1. Nttwrkz LLC
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    Nttwrkz LLC Expert

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    Hey there,

    Do anyone know which license is more profitable; p/c or the life. Thanks

    Nttwrkz1
     
  2. sman
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    I didn't know the licenses in and of themselves were profitable. And the proper wording probably should be "Does" anyone know... In all seriousness, I know some good life agents that make 6 & 7 figures and I know some P&C agents that make 6 & 7 figures.

    Of course, one type is required and the other isn't. One takes less overhead than the other (life takes less overhead - no office, no staff, cheaper E&O, etc.).

    There's really no right or wrong answer to your question.
     
    sman, Mar 24, 2008
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  3. Alston
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    Life insurance tends to pay more commissions up front and less in renewals. Health and property & casualty tend to pay fatter renewals, but less up front.

    You can make good money if you are good at selling any one of the above.

    Health and P &C tend to be products people expect to own. If you can help them decipher the plans and compare them, you can make the sale. If your personality is better suited to being an advisor as opposed to being a stereotypical sales person, you may want to try selling these first.

    If you are good at making creative sales, life insurance and disability insurance may be the way to go.

    Good luck,
     
    Last edited: Mar 24, 2008
    Alston, Mar 24, 2008
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  4. norcalinsurance
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    norcalinsurance Expert

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    Good review Alston!

    I like your outlook on the whole business.
     
  5. Soaringagent
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    They are both good; just depends on your personality type and what interests you.
     
  6. Nttwrkz LLC
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    SMAN,

    Thanks for the English lesson, it just goes to show you that you'll never too old to write mistakes.

    Nttwrkz1
     
  7. Nttwrkz LLC
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    Alston,

    Thanks for your input. I like how put it, thanks a lot.

    Nttwrkz1
     
  8. tkirk97
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    I truly believe long-term the P&C route is more profitable, or should I say more stable. If your selling just life you will always be chasing your tail because the renewals just aren't there to ever give you a reliable check.

    I have incorporated both, P&C, Life and a Fee based investment practice. Basically I am using the life insurance sales to bridge the gap while I build renewals with P&C and investments.

    Good luck in whatever route you choose
     
    tkirk97, Mar 25, 2008
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  9. sman
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    You are correct (well sort of). "You're" never too old to write mistakes.
     
    sman, Mar 25, 2008
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  10. Nttwrkz LLC
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    See, I told you. I really don't know what's going on, maybe I'm typing to fast or something. I'll be sure to check my writings before I submit them. Thanks and enjoy your day.

    Nttwrkz1
     
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