Insurance: Better to start next to a retail branch or shift get rid of surrounded by people's homes?
I have sales experience, but no insurance sale experience. Which sales environment selling for someone like State Farm (branch) or New York Life (minus investment products, etc.) would you believe to build the best overall basis/skills for insurance sale? Which brings more overall job satisfaction (like to hear both spectacle points)? What are the ups vs. downs? Which is more lucrative long-term? Any insight would be very helpful. Thank you!
Answers:
selling an intangible approaching insurance is tough. of the two, life insurance sales is the toughest.
if it be me starting all over again, I'd go w/ the state cattle farm opportunity (they also sell life by the way). here's why. not a soul requires anyone to own a life insurance policy. it is a much harder sale and much harder to maintain on the books than property and casualty policies.
home, auto and business insurance is required in most instances. any the state or finance company or both require the owner of the property to purchase insurance. no insurance-no tags or sports car loan. no insurance-no mortgage. no insurance-no business loan or employees (work comp).
both kind of sale can be lucrative over the long term. insurance is like any other occupation, some those don't make a lot of money doing it, some receive a good living and still others make pretty a bit of money. Source(s): insurance agent (p&c, life & health), 27 years
People don't walk surrounded by to buy - you have to chase them down in their homes, or drag them contained by kicking and screaming.
Insurance sales is HARD. Source(s): agent, 21+ years
Related Questions:
Answers:
selling an intangible approaching insurance is tough. of the two, life insurance sales is the toughest.
if it be me starting all over again, I'd go w/ the state cattle farm opportunity (they also sell life by the way). here's why. not a soul requires anyone to own a life insurance policy. it is a much harder sale and much harder to maintain on the books than property and casualty policies.
home, auto and business insurance is required in most instances. any the state or finance company or both require the owner of the property to purchase insurance. no insurance-no tags or sports car loan. no insurance-no mortgage. no insurance-no business loan or employees (work comp).
both kind of sale can be lucrative over the long term. insurance is like any other occupation, some those don't make a lot of money doing it, some receive a good living and still others make pretty a bit of money. Source(s): insurance agent (p&c, life & health), 27 years
People don't walk surrounded by to buy - you have to chase them down in their homes, or drag them contained by kicking and screaming.
Insurance sales is HARD. Source(s): agent, 21+ years
Related Questions:
- AAA vs. Farmers for home and auto insurance?
- When you include taxes and insurance into your home loan, does that solitary cover the first year of the loan?
- Insurance give somebody the third degree. Can you catch a innkeeper policy instead of the standard home owners policy?
- Question for home owners insurance adjuster?
- Home loan v/s residence insurance?
