Do people that sell life insurance make good money?

Question

I just need to get my license to get the job, everything is allready done...but it is a hard thing to do? im sort of a shy person at first but then when i know the person i start to be me...would this position be a good one for me? they will pay base salary of 475 pluz commision. But idk if i shoudl take it or not because im really running out of money since there are no jobs here in indiana, i paid this company 185 for them to find me a job, and im still here sitting in my *** not doing ****.

Any suggestions? thankz

Answer 1

Insurance is not an easy business, and certainly not for everyone. You must have the following traits or you will most likely not succeed.

1) be outgoing

2) be a younger person

3) have many friends, business associates, neighbors, large family, belong to organizations, etc., as you will start selling to these people first

4) be a person who will not take no for an answer

5) be prepared to work wherever, whenever

6) be prepared to here the word "no" quite often and not let it bother you, since the only position worse than you will be that of a car salesman

7) be uncaring when finally getting an appointment, since you will most likely be brainwashed into selling high commission sales rather than what that person actually needed

8) be prepared to listen to the weekly rally-round-the-boss speech

9) be enticed to believe all the free vacation literature thrown your way upon being considered for hire

10) realize the door swings fast and furious as virtually 98 of every 100 people do not make it

11) learn to be unscrupulous, and make the word "deception" your new favorite word

12) be prepared to lose your friends, family, neighbors, old business associates, and people you knew in past organizations, as they will tend to shy away from you now

IF YOU CAN HANDLE THESE 12 TRAITS, YOU WILL BE A SUCCESS, AND MAKE YOUR MILLIONS.

Answer 2

there are more millionaires produced in insurance than anyone other field.  the guy with the ten points of interest is right on

Answer 3

Your in a tough spot.  I have been an insurance agent for the past year.  Its been an up and down roller coaster.  I am in a different situation than you are because I can afford to have a few bad months and still survive.  The money can be good, but its very stressful.  The key is to build trust with people so they can refer you to there friends and family.  Takes a while, if you hurtin for money, i reccommend you think about doing something else.

Answer 4

Yes the commission is good, depending on the type of policy sold. As a captive agent you will not make as much commission as an independent because the company will train you and give you office support. You have to start somewhere. You will become more comfortable prospecting with experience doing it. You have to get out and get in, and you will become familiar with this term if you stay in the business. Study hard for the exam, don't be discouraged if you do not pass it on your first try.

The base salary will only last a few months, it is to get you started so you don't starve to death. You will have to be a go getter, and build your commission up so when the base ends, you are drawing on a portion of your pure commission each week, and you are adding back to it steadily so you don't drain it all up. It is a process, and it is hard.

A lot of people come into this business because they need the money, so a base salary looks good to them, even if for six months. Then, some people actually like it and build careers. Most people because it is hard, burn out fast. Take the job because you have come this far into it, do your best, and make a commitment for one year and see how it goes.

Answer 5

Suza, Life insurance covers lots of different things. Since I live in North Dakota I'm not familiar with the Indiana laws and regulations, so I suggest you visit a nearby life insurance agent. http://www.usinsuranceadvisor.com/Life-I... They should be able to assist you.

Answer 6

You need to be an outgoing self starting sales person.  Does not sound like that fits your mold.  Life insurance is a product that needs to be sold.  Seldom are people lined up to purchase some life insurance.  I t is a great industry and can be very lucrative for the right type of person.  On the other hand I have seen many many great people fail in this business.  Might want to try something else.

Answer 7

You must be outgoing to prospect new business. People won't be knocking down the door to come see you. They won't keep the salary coming for long if you don't produce new business!