Insurance Agent's Commission
Insurance agents get 40-90% commission on every client he
persuades to sign up from the first year. This commission is known as premium. Suppose
he gets 90%. From the second year he gets 5% commission on the renewal of insurance
policy of that client. For instance, Jonson is an insurance agent. He persuades
a client to sign up to any insurance company.
If the client pay $200 per months
as premium, he pays $200 x 12 = $2400 in the first year. So according to the
90% commissions, Jonson gets $2160 since (2400 x 90% = 2160). If any insurance
agent can sale at least a single insurance per week, he can earn $112,320 from
the first year.
Qualifications
To be an insurance agent academic qualification doesn’t play
any effective roll. Earlier insurance companies looked for graduates, but it is
not mandatory. Moreover experience is not essential here. If you have any that’s
good, but not it’s ok. Every insurance company has training program for their
insurance agents. Here they agents are taught how to sell insurance by convincing
people. Moreover insurance companies inform them about their different types of
products.
But the most important qualification is to be strong minded,
extrovert for being an insurance agent. Because a soft-hearted or thin-skinned person
never do this job. This job is for them who don’t care arguing, not afraid of
conflict. Above all a strong minded people can do that. So if you are
interested for this profession and think you are eligible for this job, come to
this platform.
How to start
If you set your mind to be an insurance agent, you need to
go ahead following some steps. To manage a job you need to create a resume. It
is important to show yourself as an active person through resume. You need to
show yourself as self-entrepreneur. You can add something like you have taken
the first step to do anything or influence others to complete that properly.
It
is better if you can show that you have taken initiative to start business or
something like that. Actually all you need to focus on your internal power. It is better if you can show that you have taken initiative to start
business or something like that. Actually all you need to focus on your internal
power.
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