What type of insurance agent makes the most money?

What type of insurance agent makes the most money?

Overview of the Insurance Field While there are many kinds of insurance (ranging from auto insurance to health insurance), the most lucrative career in the insurance field is for those selling life insurance.

How do insurance agents get paid?

When a policy is sold to you, an insurance agent earns a commission. Also, there are promised rewards that are paid over the commissions for the sales targets achieved by them. The new rule by Irdai could work in the interest of policyholders. Oct 21, 2019

What characteristics would be most important to you when choosing an insurance agent?

Personality Traits: Agents get paid commissions by the insurance company, so it is important to find one that is honest and trustworthy. They also should be passionate and enthusiastic about what they do, and of course, you should like your agent. Jun 3, 2015

Who is the highest paid insurance agent in India?

Lachman Das Mittal is among 828 individuals with wealth of over Rs. 1,000 crore: IIFL Wealth Hurun India Rich List 2020. Oct 4, 2020

How do you overcome insurance challenges?

10 tips for resolving issues with insurance companies Anticipate problems and create a place to keep records. …Clarify the company’s basis for its action or position. …Gather relevant information. …Start cordially, then escalate. …Create a paper trail. …Keep your communications concise. More items… • Dec 17, 2008

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