How hard is it to sell insurance?
How hard is it to sell insurance?
Compared to most finance careers, becoming a life insurance agent is easy. No educational requirements exist beyond a high school diploma at most. Some states require you to take a licensing course and pass an exam, but truthfully, these are as easy as a fifth-grade spelling test.
How do you become an insurance adjuster?
How to Become an Insurance Claims Adjuster Complete Your Education. In order to become a claims adjuster, you must have a high school diploma or GED equivalent. …Determine Your Insurance Adjuster Career Interests. …Complete an Insurance Licensing Course and Exam. …Maintain Licensure (Continuing Education) Mar 7, 2019
How do I sell my insurance policy?
In India, there are two main ways to sell insurance: An Insurance Advisor. An insurance advisor is someone who is registered with a particular insurance company and connects with customers to help sell them insurance policies, make claims, and more. …A Point of Sale Person (POSP) Feb 22, 2022
How much commission does an LIC agent earn?
Though, Agents earn the commission for the policies they sale. LIC offers 25% to 35% commission on the policy premium for the first year, then 7.5% for 2nd & 3rd Year + 5% till the policy maturity.
Who is the highest paid LIC agent in India?
But Parekh managed to find work under a development officer at 18 and has never had to look back since then. He sells around 1,000 policies a year, the worth of a policy being Rs 2 lakh on an average, and manages to generate a premium of Rs 200 crore for the corporation — the highest generated by any agent in India. May 15, 2013
