ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Insurance Salesman

Updated on January 19, 2017

How Become An Insurance Agent

It seems everywhere I look, insurance companies are looking for health insurance agents and hence the demand for these jobs is rising. The career of a health insurance agent is really high paying. Even when an agent is not working in a company, he still receives the residuals against his sales. Most of the health insurance agents leave the job before they start getting residuals, hence they can't get benefit of the financial possibilities in this career. By reading this article, you can easily make transition to professional health insurance agent.

Insurance

Don't Jump Straight In

Take the time to visit as many health insurance companies as possible, once you have decided that you want to do this job. Insurance companies search for the candidates, and they need you more than you need them. You can start talking to trainer, instead of talking to agent, because he's the one who will help you learn the process of becoming successful health insurance agent. Your financial future will be very good if you have strong relationship with this person. Keep looking for some other person if your personality clash with him, because your training and support will determine your success.

Look for training materials and check whether they are well designed for learning or not. Before you sign-up, the insurance company will not allow you with these training materials. If you ask to look at them in the reception area, after your first job interview, they will be really impressed. There is no need to worry about money, because many companies try to convince you that their company pays more than any other company. Great commissions and certain number of leads are provided by health insurance companies. If you can go that far, then you can easily make good money in your career as a health insurance agent.

Learn The Ropes

When you are learning the ropes, there are still some health insurance companies that pay you a small salary. This is a great help for newcomers, as it can keep your spirits high and you still receive a good pay-cheque. When you're just starting out, most of the health insurance companies will emphasize that you will make your money through the commission. You have to understand one thing from this article, that your first goal must not be making a fortune first-year but surviving it.

You will see good results in two or three years if you survive this first year, and you are on your own way. Residual is the secret to prosperous career in insurance sales. These residuals are the mini commissions that you receive each year from one of your client’s renewals. For this reason, first year is so critical for shaping up your career. If you are looking at part-time insurance job, then the real insurance is the best option for you. In this job the commissions are not great and the commitment is less.

You have to pass a state administered test in order to get license to function as a health insurance agent. Apart from commission, a health insurance agent gets annual salary of around $62,000.

Almost Self Employed

Being an insurance salesman is as near to being self employed as many of us will ever get. Self employed with the bonus of security, now that sounds attracting. The problem with most 9-5 jobs is that we get used to the wage, you know what your monthly pay packet is going to be and you live up to it.

Let us say you have a really well paid job and you are earning $5,000 a month. If you are like the majority of us you are going to also spend very near if not more than that $5,000 during the course of the month with loans, memberships, fuel, credit cards and a mortgage or rent.

Each month you know $5,000 will come in so you spend up to the $5,000 mark then an eventuallity crops up and before you know it you have a bad month or pop something extra onto the credit card.

Having a job like an insurance salesman means that when you have a good month with a lot of extra sales you will be rewarded with a tidy bonus. Your basic salary of $5,000 which you are also living up to is what becomes your 'living money' and if you are wise the the extra $1,000's that arrive in commission suddenly become your savings, your retirement fund or even that holiday you always dreamed of.

Comments

    0 of 8192 characters used
    Post Comment

    No comments yet.

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)