If you’re looking to sell life insurance as a career, you’ll need to get a life insurance quote. Life insurance quotes are simply when the insurance company gives an agent legal permission to sell on your behalf, but it can be a competitive market to get a quote.
Before requesting an appointment, you will need a license to sell insurance, as well as a solid resume.
Learning tips and tricks on how to get an appointment with life insurance companies can help you find a placement sooner. Read on for information on life insurance quotes.
requirements to be a life insurance agent
Being appointed as a life insurance agent can take some planning. We’ve outlined what you need to know about getting a life insurance quote to help you.
If you’re looking to become a designated life insurance agent, we assume you’ve already passed state licensing requirements to sell insurance. if not, that is the first step to being appointed as a life insurance agent.
Different states have different requirements for obtaining a license, so be sure to read up on the requirements in your area and obtain your license before you begin soliciting life insurance quotes.
license options for insurance agents
Some states require you to have a property and casualty (pc) license before you can sell life insurance. In that case, you will need to pass an exam after completing a certain number of hours of education and you will also need to pass a background check that includes fingerprinting.
There are several pre-licensing courses that can help you prepare for an insurance agent test. A PC license will also require you to continue your education with ongoing classes on a regular basis.
if you need a limited lines license to sell insurance, the process is easier than for a pc license. often you will only need to take a required course, which may or may not include taking an exam. You will also need to pass a background check and fingerprinting. With a limited lines license, there is often no need to take required continuing education courses.
It’s vital to have your license before you start applying for life insurance quotes, so make sure everything is in order before you apply.
prepare documents needed for life insurance agent appointments
When it comes to getting appointed, one of the best things you can do to get started is polish your resume and, if applicable, your cover letter. anything you have done that demonstrates your sales skills or business initiative should be included in your application.
For example, if you previously worked for a start-up or had a small business, it’s vital to include this. Some companies may also require agents to already have a book of business before applying, so if you don’t have one, be sure to only apply to companies that don’t require one.
You should also highlight any remote work experience or proof that you are self-employed. Life insurance agents mostly work independently, so anything you can add that shows this is a plus.
In addition to your resume, you will need to have your insurance license documentation ready to submit. Read on to see what dating apps look like with life insurance companies.
how to request life insurance quotes
Once your resume is up to date, you’ll want to fill out multiple applications for different insurance companies.
Most companies will have a place on their website where you can submit an application if the company is hiring, or you can search for jobs on a job search site. You can even stop by in person to drop off a resume if an insurance company has an on-site location near you.
While each company will have its own unique application process, you can expect the following basic format:
- Fill out an application. Sometimes there may only be a preliminary application, and you will complete a formal application after a phone interview. The app will ask for basic information and may also request a background check.
- phone interview. If the company is interested in your application, a representative will likely call to set up a phone interview. additional information may be requested at that time.
- on-site interview. If the insurance company decides to proceed, they will likely schedule an on-site interview with you.
- sign contract. If you are approved and offered an appointment with an insurance company and choose to sign up with that company, the last step is to sign a contract accepting the position.
Having experience on your resume can go a long way in getting you an appointment as a life insurance agent, as most insurance companies don’t typically require college degrees. however, a high school diploma is often required.
The ability to adapt and sell insurance is what is most valued, as well as experience in the insurance industry.
things to consider when requesting life insurance quotes
It is important not to simply sign up with the first insurance company to offer you a quote unless you have done your research.
research different insurance companies
Researching the best insurance companies will give you a better idea of what product you will be selling and the environment of the company. For example, it may be easier to sell insurance from a well-established company than from a new insurance company, but the work environment may be worse.
Make a list of what you are looking for in a life insurance company. Check company employee reviews, customer reviews, financial ratings, etc. to see if an insurance contract with a certain company is something you want and if it will be a good fit for you.
decide what kind of insurance agent you want to be
You should also decide what type of life insurance agent you want to be and what type of life insurance you want to sell before you start applying.
If you want to become an independent insurance broker or agent, then you’ll work with multiple insurance companies to sell to them. Often, you will not have the authority to sell insurance to customers, but will redirect the customer to finish the application process with the insurer once you have chosen the right product for them.
on the other hand, you can choose to become a captive insurance agent, where you will only work and sell for one insurance company.
consider what type of life insurance you want to sell
When it comes to the different types of life insurance, you need to consider what type of approach you want to take. For example, do you want to sell term life insurance, whole life insurance, universal life insurance, or all of them?
Also, what market are you looking to sell to? Do you want to market to seniors or young families? Finding your niche can help you decide who to apply to and what relevant experience you want to build.
While it is up to you which insurance niche best suits your needs, you should always do your research before you start soliciting life insurance quotes.
the bottom line: being named a life insurance agent
Part of being appointed to a life insurance agent position is perseverance. You may not get the first quote you ask for, but strengthening your resume and being diligent can help you land a life insurance quote.
Most of the hard work is getting your license and gaining the experience you can bring to the company. after that, it’s just a matter of submitting resumes and being patient.
If you want to become familiar with life insurance companies in your area, it may be helpful to use a rate comparison tool to see what life insurance companies there are that you can apply to.