Saturday, January 9, 2010

Life Insurance Sales Jobs

Life insurances sales can be a good business to be in.  It has low and easy barriers to entry, but only the fittest survive.  What does that mean?  That means a sales guy with little or no experience, education or training, with enough ambition and fortitude make a good living for himself in life insurance sales.

Again the barriers to entry is very low.  All one has to do is take a week long class, take a state exam, and get a license.  Life insurance sales jobs aren't hard to find either.  Most start as commission only so the insurance agency or brokerage takes on very little risk hiring you.  And they make out good if you turn out to be a good sales rep for them.

So what's in it for the entry-level life insurance agent to go with a commission only job at an agency? Simple, mentorship.  Having a mentor who knows what it takes to be successful is an extremely undervalued asset, especially those who are willing to do the work.  And they have a financial incentive for you to succeed which makes it even better.

Often times, life insurance is just how you start out.  Most sales reps that stick with it end up taking on other insurance and financial products like business insurance, homeowner's insurance, annuities, and other retirement plans.  Some become financial planners and stock brokers with additional training and licensing.  For information on selling insurance policies as a great career track, go to How to Sell Insurance, and article I wrote a while back at Hubpages.

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