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 [WTA] How to become an Insurance Agent?, Advice needed...

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JustcallmeLarry
post Apr 19 2014, 02:16 PM

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QUOTE(llJasell @ Oct 6 2010, 02:54 AM)
LOL... Actually I haven't join any cause i just finished my final exam, so its hard for me to start before the exam.
Like Vandoren said, 1-LI and 2-GI
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Hi bro have you join yet. I'm from Penang must I go to KL to take the exam?? From where to buy the book too???

QUOTE(coolpajames @ Aug 2 2010, 05:15 PM)
wow this is great, llJasell.

In my own opinion (and I am in Insurance) it's the team factor that made me choose the agency I joined. The product, honestly, it's about the same with each different company.
To summarize = protection and savings (LI) Protection (GI)

In LI, if you want higher savings it's lesser protection and vice versa. in GI it's just protecting the item for the just in case it gets damaged and how fast and how less hassle it is to get back the monies lost.

to answer your questions: -
1) What is the procedure to become an Insurance Agent?
~ u know already. Take the exam yourself or via ur choice agency.
2) How many companies an Insurance Agent sign with?
~ LI = ONE! GI = i think it was 3
3) What is the commission rate?
~ GI average 3-5%, (1 time only) LI got 2 difference, Ordinary Life insurance 35%, Investment link insurance 25% (6 years reducing commission which totals up 105%)
4) What is General Insurance and Life Insurance? Can I sit for both or either one only?
~ u know the answer already. I m choose to focus only on Life Insurance. Lesser headache and distractions.
5) Which insurance company is best for it's policies and claiming?
~ hahaha all insurance companies are following Bank Negara Ruling, hence average 2-4 weeks claims out d in LI. in GI hahah wait la...cos need an adjuster or surveyor to ascertain the loss and submit an investigation report b4 the claims department look through it and pay, experience about 1-6 month or even more depending on the case.

I'm attached with GMA, Manulife Life Insurance in KL. IF you would like to know more do PM me. I'd be glad to help out.
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Hi may I know do I need to go KL for the exam or any place I can do it in Penang? Also when you work for a insurance company means everyday you must go to the company 9-5 & have to hit target every month???

This post has been edited by JustcallmeLarry: Apr 19 2014, 04:02 PM
JustcallmeLarry
post Apr 19 2014, 06:14 PM

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Joined: Jan 2010


QUOTE(neorage_x @ Apr 19 2014, 04:36 PM)
Well, not necessarily. A good agency in an insurance company usually have around 3 morning meeting (usually ends at 11am), one weekly training class and normally 1 Business Opportunity Presentation event a month. Any other time is for you to manage your work and personal time yourself.
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Hi bro r u an agent? Can help me by telling how to join pls??? Izzit I must go to KL sit for the exam, pass it then only apply to work in a insurance company??? Or after pass the exam you can start selling???

QUOTE(roystevenung @ Jun 4 2012, 03:30 PM)
If your BFF chose not to be friends with you because you are an insurance agent now, then one might want to ponder whether he/she is really your BFF.

But yes, I do know what you mean. When I started this business, some of my neighbors whom were really close (to the point that we share weekends dinner) to us started to drift apart.

I guess that's when you really know whether you had befriended the real person whom care for you for what you are or how much you're worth.

In this business, you do really make a lot of new friends daily.
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Hi Roy, you from Penang too. Can you help me by telling me how to get started pls? Do i need to go KL to take the exam??? icon_question.gif

This post has been edited by JustcallmeLarry: Apr 19 2014, 06:32 PM

 

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