Question:

How lucrative is the insurance business? -Current insurance agents?

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I am getting my insurance license (waiting for my background check and fingerprints to come back to take the test) and was just wondering just how lucrative is the business while in a recession? I do understand that you must put in a lot of hours and not "expect" accounts to fall into my lap...

Just wondering if any of you out there have any personal experience... Also, on a side note.... any advice or suggestions on studying/taking the state test? (florida)

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  1. From a business perspective, selling things you don't own is very profitable.  Insurance is a risk management tool and there is always risk; the economic environment just changes the profile of that risk.  

    My tips for the test really depends on who you are as a test taker, but generally don't stress and focus on the question at hand.


  2. Well, it can be lucrative, but most people wash out of the straight sales part.

    On the test, study hard.  Rest well, don't stress out, read the ENTIRE question before answering.  

    Take your practice tests - and pass them.  When you miss a question, look up ALL the answers, so you know not just why the right answer is right, but why the wrong answers are wrong.

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