Life & Final Expense Insurance

How Much Do Life Insurance Agents Make?

Did you know that insurance sales is one of the highest-paying careers that don’t require a college degree? It’s also ranked as the #3 best marketing and sales job. 

Moreover, life insurance agents earn some of the highest commissions in the industry. However, life insurance is a notoriously tough sell.

While it comes with high commissions, there are a few secrets to unlocking them.

Are you thinking of becoming a life insurance agent? If so, you’re probably curious about what life insurance agents typically earn and what it takes to become a top-performing agent.

Keep reading to find out the average income life insurance agents make in a year, the maximum income, and a few vital tips for success. 

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Insurance Insights

How To Become an Independent Insurance Agent

 

Are you interested in a career that allows you to help people, earn a comfortable income, and work on your own time? If so, you may consider becoming an independent insurance agent!

In this role, you’ll help people find the best insurance policy for their needs. You’ll be self-employed, which means your work schedule is flexible and you do your job from anywhere, at any time.

If this sounds like a good fit for you, read on. Today, we’re breaking down everything you need to know about becoming an independent insurance agent, including how you can get started as soon as possible!

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Life & Final Expense Insurance

Starting Off Right With Your Life Insurance Business

50 percent of small businesses fail within the first five years.

Why do so many small businesses fail? Probably because they didn’t have the foundation to succeed.

Have you been wanting to start your own business but are afraid of falling victim to this statistic?

Starting your own insurance business is one of the best ways to become an entrepreneur. But successfully starting your own life insurance business requires starting out on the right foot.

Keep reading for our guide to starting off right with your new life insurance business.

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Annuity

Annuity Products: How Do They Work and Which Are the Most Popular?

According to the Sales & Market Report, in 2020 there was $209.1 billion in annuity sales. The first quarter of 2021 saw $58.1 billion in deferred annuity sales.

The report also found that variable annuities are the most popular of all annuity products. This is followed by indexed annuities and then fixed annuities. Variable annuity sales show a 17.6% increase from 2020 to 2021.

If you are new to insurance sales or have not yet added annuities to your product offerings, this is an excellent way to grow your business and increase your salary.

Keep reading to learn everything you need to know about this lucrative area of insurance sales.

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