The Path to Becoming an Insurance Agent

Insurance Agents evaluate and assist clients inof policies such as property and casualty, life,
choosing insurance policies that provides coveragehealth insurance, disability, and long-term care
to meet their needs in case of a loss. Clients caninsurance. Many agents also sell mutual funds,
be individuals, families, or businesses.securities, and annuities. There are also agents and
To be a successful insurance agent, you shouldcompanies that only offer insurance to businesses
enjoy working closely with people, have the abilityand on the other side, there are ones that only
to create a calm environment from one that mayaccept personal line clients.
be tense and stressful, have a positive attitude,A college degree is not a requirement for
possess good negotiating skills, be motivated,becoming a licensed insurance agent, but all states
have computer and internet skills, and berequire insurance agents to be licensed. You must
comfortable with advising clients of the differentalso carry separate licenses to sell the different
insurance policies.types of insurance, such as life and health or
There are two types of insurance agents; captiveproperty and casualty insurance. Most states
agents, who work exclusively for an individualrequire insurance agents to complete pre-licensing
insurance company, or independent insurancecourses and pass state examinations prior to
agents or brokers that represent severalgetting a license.
companies. While captive agents can only offerOne thing to decide is if you want to work for an
insurance policies within the companies theyestablished insurance company or start your own
represent, independent agents can offer clientsbusiness. By working for an established company,
many policy choices, often splitting them overyou have the power of the name behind you;
several companies.however, as with any employee - employer
Rather your career choice is captive insurancerelationship, you are bound by company rules. To
agent or independent insurance agent, the typesstart your own business, it requires upfront
of insurance products sold may be the same.capitol, planning, advertising, and branding to
Some agents specialize in particular products, suchbecome successful.
as life insurance, while others offer a wide range