Business insurance can be complex. But, brokers can help. Read our article to find out how to find an insurance broker for your business.
How to Make a Career as Insurance Broker
David Toth, managing director, Momentous Insurance Brokerage, Inc. In this day and age, insurance is a very important line item for businesses. And you don’t want a broker who is unable to deliver results. Managing Director David Toth, of Momentous Insurance Brokerage, Inc., says it’s ...
The selling process involves more than just your life insurance policy; your medical history plays a key role, too. Potential buyers will require access to your medical records to accurately assess your policy’s value. Be prepared to sign a release granting the broker or provider permission to...
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Insurance brokers, also known as insurance sales agents, must get licensed in the states where they work. A specific license is required to sell life and health insurance, separate from property and casualty insurance. Each state determines its own requi
Apply for business insurance Organize your finances Brand your business Create a professional business website Market and promote your business Build a team 01. Brainstorm and refine your business idea You might already have a great business idea that you can’t wait to start, or maybe...
Both options require working with a reputable broker or settlement company, as they will handle the sale and provide you with offers. The amount you receive will depend on various factors, including your age, health and the size of your policy. Keep in mind that selling a life insurance poli...
When applying for insurance, you will find a huge range of insurance products available in the market. If you have an insurance advisor or broker, they can shop around and make sure that you are getting adequate insurance coverage for your money. Even so, a little understanding of insurance ...
Brokerage fees are commonly charged as a flat fee or as a percentage of the transaction executed. In some cases, they may be a hybrid of both of these types. Keep in mind that the fees may vary according to the type of industry and the broker involved. It's always a good idea to ...