Everyone needs insurance, whether it is for their health, their home, their car, or in the case they meet an untimely end. Since the demand for insurance is always high, a career in insurance sales is definitely a financially viable prospect for a lot of people, those that can sweet talk people into buying. In order to sell insurance, all states will require you to get licensed. To get licensed, you will need to pass an insurance exam. That being the case, here are the steps that will get you selling insurance legally.
- Check for pre-requisites. Technically, the profession or career does not require you to have a degree in marketing or any other related program. However, some states may require anyone looking to become a licensed insurance agent to take certain classes in the trade. If your particular state mandates this, then you will definitely have to go through it as you will not be eligible to take the licensure exams without proof of attendance.
- Study, study, study. The licensure exams are pretty straightforward. They are all about the intricacies of the trade. In order to increase your chances of passing, you will want to familiarize yourself with the trade by way of study guides. These are freely given by the state prior to your taking the exam. It is highly recommended to really study the guide and if possible, take some review classes for the test. Bear in mind that each type of insurance will require you to take a test for it. For instance, if you plan to sell life and health insurance, then you will be required to take a test for each in order to be licensed for both. That said make sure to get study guides for each.
- Take the test. The tests will be administered on specified dates. You will need to complete the application process before the next scheduled date for the test. When the date comes, take and ace the test for the particular insurance you want to sell. If you plan to sell more than one type of insurance, then you will have to schedule other tests to get the license for those.
- Advanced education. There will be some states that will consider it mandatory for anyone that has passed the exam to take advanced education on a yearly basis. This is so that any insurance agent will be up to date with the changes in the industry. This will be a requirement for you to keep your license if you should be blessed to pass the licensure test. So, if you are in one of those states requiring advanced education, make sure to constantly meet the requirements in order to keep your license valid and updated.
As soon as you pass and get your license, you can legally sell
insurance. There are two ways to do this, you can work for a firm and
sell insurance under them or you can start up your own little agency. It
is up to you but consider asking people already in the game before you
decide on your path.