Life Insurance Leads with US Leads

Aug. 12, 2013 - PRLog -- With more and more investment opportunities flooding the market, a career in Life Insurance Policy sales seems to be more and more promising. It can assuredly be a comfortable source of income as well as help you grow in the industry. Here’s what the professional entails.

Why do people go in for Life Insurances? Life Insurances as the name suggests are an insurance policy that can help beneficiaries and dependents counter hardships faced upon death of the primary. It provides a source of income to the family and/or the primary holder’s business even after his death, allying family fears about getting through tough times. Cash Values or claim payouts that result as a death benefit can also be availed to and applied towards any interests of the deceased thus keeping those alive.

Apart from life insurance policies, insurance agents also sell retirement plans or annuities. Similar to life insurance in the sense that these are also designed to help one sail through their financial difficulties in times of no alternate source of income, annuities  are different from temporary life insurances because they allow the money to be accumulated tax-deferred.

It is a human tendency to be able to secure one’s future financially.
In this sense, life insurance agents provide customers with all the necessary tools required to do that, thus helping the community at large.

What kind of education would someone wanting to become a life insurance agent require? Did you know that many colleges and universities today, offer not just courses but entire degrees in insurance subjects? However, if your school or college does not offer these, you can still pursue a career in Insurance by graduating in a four-year program for Business Law, Computer Programming, Marketing, Public Speaking, Mathematics, Economics or Accounting and Book Keeping. Because these skills include certain courses to enhance your sales skills as well as teach you the basics of financial investments and/or financial accounting, they give you a good base of the types of financials products and services available in the market.

Are there any other requirements?
Just like in any professional industry, there are training courses available that need to be taken above and beyond a four year education. Most US states require you to complete 40 hours of pre-licensing courses. These are designed to give you an insight into the insurance industry and supply you with the basic information about insurance products, services, laws and ethics that apply to the state you would be operating in.

Once you complete the courses, you apply for an obligatory license that gives you a permit to operate your sales insurance business within the state. Different kinds of products and services require different kinds of licenses. So, before you apply for a license find out what kind you will need, the scope of the license, the restrictions that will apply and other such pertinent details.

In order to sell all types of life insurance - namely, term or temporary life insurance, whole and universal life insurance, you will need life and health license. However, for selling mutual life insurances and/or annuities and retirement plans, you would need to get a Series 6 or a Series 7 license. All licenses are dealt out by the National Association of Securities Dealers, commonly referred to as NASD. If you get a Series 6 license, it also gives you the right to sell individual stocks and bonds. On the other hand, Series 7 licenses are more comprehensive and give you much more flexibility as they allow you to sell a whole range of investment products. Remember that to procure any license, you need to study and take an exam. Many agents prefer to study more and procure the Series 7 license so that they are equipped to sell any kind of investment product and not restricted to a certain kind.

Even though there are more specialized courses available, with a general license and Series 6 or 7 license, you are essentially set up to make your first insurance sale! So what are you waiting for? Call your state’s Department of Insurance today to find out more and take that first step towards a successful business selling Insurance policies!

This is simple, to become successful life insurance agent, you have to have an access to good life insurance leads source. https://www.us-leads.com/life-leads/life-insurance-leads/

Call toll free: 1-800-656-2426 and ask about our sales lead program.