I simply get a clean available job at an Insurance Agency. I want to know...?
Is it possible to get compensated a salary and get hold of a renewing commission on a policy that I bring in to the Agency?I hear you can get a producer number for business u write? Is this correct? If so, how does it work?
Please, if you enjoy any info. on this please reply.
Thank you!
Answers: depends if you hold a producer's license (license to have your first name appear and sign on a policy) vs. licensed customer service agent (license to do the bidding of a producing agent and the knowledge is almost impossible to tell apart but you cannot sign the policy)
Producer numbers are usually the State's license ID number and are only issued if you are licensed to be one AND if you are appointed by the agency to the insurance company afterwards you get what is agreed as AGENT ID number for each insurance company
If you are a servicing, later many states read aloud you are not eligible for commission for new or renewing policies but can be eligible for a preset bonus structure. If you are a producing agent, later it is an agreement you will have to work out next to the agency via a signed contract which will most likely involve the renewing commission is single while you are employed there and a no compete contract to boot.
Good luck
What is term life insurance ?? I want life insurance for husband?
Answers: 'Term Life Insurance` is only insurance with no
extra bells and whistles.
You pay a specified premium only for a time and are
protected only during that time.
It is the cheapest form of insurance as you are not
purchasing any savings options, ( for which the insurance
companies interest rates are historically below the banks).
You might look into "Guaranteed Renewable Term"
if the term is shorter than you need coverage for.
In general the cost for the same coverage increases over time,
but you cannot be denied it if you get sick.
An Agent will tell you that you would be better off
"Building Value", and you would, however, if you took the
extra money he would charge you, and put it into savings,
or high-grade bonds, you will build a hellofa lot more value
than his company offers.
Think of this as the difference between Term and Whole Life Insurance---term=renting; whole life= buying a house.
So, term is temporary insurance which can last as long as 10, 20 or 30 years, depending on what the insurance company you choose to use for your husband's life insurance. I think it's a very smart and intelligent choice on your part to buy it. Term allows you to pay a much lower cost than whole life, premium wise. But, do keep in mind that if the term period runs out, you can continue to extend it further each year but the cost of it skyrockets. Some companies will allow you to convert it to whole life based on your husband's health at that time of conversion as well. Which state are you in? I can give you more advice if you have any other questions about life insurance.
"When you buy life insurance, there are two main types to choose from:
* Term life insurance
* Permanent life insurance
Each type meets a different need and has a different cost. As a rule, term life insurance is best for short-term protection. It costs less than permanent insurance. You buy permanent insurance for long-term needs. Make sure you understand how both types of insurance work before you buy a policy."
From Investor Education Fund Website: http://www.investored.ca/en/investoransw...
Term Life Insurance is the least expensive death benefit you can buy for a specific term ie 10, 20, 30 year term policies. Death benefits are paid only upon death of the insured during the specific term chosen. If the insured does not die before the term expiration... the policy expires and pays nothing.
May I suggest... if you are considering a term insurance be sure to purchase term life insurance with the return of premium rider or a convertible term policy that you can opt to convert to a whole life policy after so ? many years. That way you get something after the policy term expires... Or if you are condering a term policy just to cover your mortgage on your home as you pay it down... then consider a decreasing term life insurance.
Be sure to interview and gather information from a few financial experts before making a decision on how to maximize your money.. no matter how little or how much you can afford be certain you understand the policy your choose in full detail...It is the job of your financial expert to explain it until you get it.
PS -- what about you? have you considered a whole life that builds cash or a convertible term for yourself as well... a financial safety net... independence as a woman is security not scarcity and marriage does not define that.
Best Wishes.
Where can I attain medical insurance that wont cost much ??
and without waiting time of yearAnswers: Oh, you can buy a fake policy stale the internet, or you can buy into a discount plan.
Cheap insurance is usually a scam - either a fabricate policy, or not really insurance. That's why it's CHEAP.
REAL insurance costs, depending on your age and health, what it costs. There aren't any shortcuts. There's no brand modern Cadillac with a verbs title for $50. There isn't a comprehensive, low deductible medical plan for $50 either.
The best approach is to contact an independent agent that represents more than one health insurance company that can better tailor the prod for your specific needs.
Based on what manner of pre-existing conditions you have, some will require that specific condition to not be payable for average 2-5 years as long as you own not been treated for it contained by that time period previously they will consider covering into the future. As to waiting length before a policy activate, it is traditionally the first of the month of a future received premium for an individual policy.
Waiting period of longer can be due to employer mandate if it is through your job. It depends if you want main medical and what kind of deductible. The difficult the deductible the lower the premium
If you have more types of coverages you want, afterwards the cost of the premium also rises with the amount of piece benefits it will cover. Basically, it is a matter how habitually do you plan on using it to warrant paying a higher premium but at equal time if you don't use it often but the sophisticated deductible is going to be a financial out of pocket burden because you don't set aside the money for the "rainy day" afterwards the higher premium may be reasonable to offset the inability to hide away.
Good luck on your search
Any vigour insurance that offers "cheap" rates and no exclusions or wating spell is usually a scam. Contact an independent agent that handles individual vigour plans.