Just like security agents, FBI agents, and real estate agents, there are life insurance agents as well. Having a professional who knows the insurance industry in the sophisticated world of life insurance is excellent. People usually have life insurance agents enjoy the most suitable and best deals available. Find a dedicated agent to find yourself a reasonable amount of time and money.
Life insurance agents sell life insurances to people and a wide range of companies. They suggest life insurance that suits their qualifications, needs, and interests. For that, these licensed professionals ask a number of questions related to you and your life. Life insurance agents also discuss available alternatives and options and consider the long-term financial objectives and goals of the client.
Life insurance agents earn $52.07 per hour by working with different life insurance agencies. To become a life insurance agent, you need to have a bachelor's or associate's degree in business or insurance. You will also need a license for a specific line of authority and decide the type of insurance you want to sell.
There is more than meets the eye when it comes to being a life insurance agent. For example, did you know that they make an average of $30.16 an hour? That's $62,723 a year!
Between 2018 and 2028, the career is expected to grow 10% and produce 48,300 job opportunities across the U.S.
There are certain skills that many life insurance agents have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, communication skills and initiative.
If you're interested in becoming a life insurance agent, one of the first things to consider is how much education you need. We've determined that 52.5% of life insurance agents have a bachelor's degree. In terms of higher education levels, we found that 6.1% of life insurance agents have master's degrees. Even though most life insurance agents have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a life insurance agent. When we researched the most common majors for a life insurance agent, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on life insurance agent resumes include high school diploma degrees or master's degree degrees.
You may find that experience in other jobs will help you become a life insurance agent. In fact, many life insurance agent jobs require experience in a role such as customer service representative. Meanwhile, many life insurance agents also have previous career experience in roles such as cashier or sales associate.