Captive agents can be a good option for first-time insurance buyers who are not sure of how much coverage they need to purchase. Going with these agents can make the process simpler as there are also fewer policies to choose from. But since captive agents are experts in the product offeri...
It’s important to note that while these factors can influence insurance adjuster salaries, their impact may vary depending on the specific circumstances and the employer. Understanding these factors can help aspiring adjusters make informed decisions about their career paths and negotiating salaries. Ave...
By betting on risk, insurance companies make money-the risk that you will not die before your time and make the insurer payout, or the risk that your house will not burn down or that your SUV will not be sold in a crash. When you get to how insurance companies make money, i.e., ...
000 per year to as much as $125,000 per year. How much money you can make selling life insurance will depend on a variety of factors, including your own ability to convert leads to customers, as well as the area in which you live....
The article focuses on the insurance industry of the U.S., with reference to marketing strategies aimed at insurance brokers. It reports that the industry incurred heavy losses due to natural disasters in 2005. The challenges faced by...
So while it’s good news that there’s ample selection when it comes to commercial insurance brokers, sifting through so many options can feel like searching for a needle in a haystack. And, really, who has time for that? Also, who has even had to do that? We’ve put together this ...
Most real estate agents make money through commissions based on a percentage of a property's selling price. (Commissions can also be flat fees, but that is much less common.) Agents work under real estate brokers, and the commissions are paid directly to the brokers. Given events in 2024,...
The top reason people buy term life insurance is to replace income to protect their families. You may have other reasons, such as planning your business or paying estate taxes. Consider these questions to determine how much term life insurance you should buy: How much money will be needed to...
The question I have is this: do these people really need life insurance? Reply Marc says June 16, 2010 at 10:53 AM This is a very good, and much needed article. Most people don’t have nearly enough life insurance for their family’s needs. You make it very clear. Some folks mi...
Ethical Conduct: Brokers must act in good faith, ensuring transparency in negotiations and transactions. When Should You Make a Brokerage Agreement? You should use a brokerage agreement if: You have contacts and experience in a specific industry and can introduce buyers and sellers of certain goods...