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.

Thanks tzanjiun that cleared the air for me regarding General Insurance

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Added on August 8, 2010, 6:45 pmit's more frens cos i'm in the biz

This post has been edited by coolpajames: Aug 8 2010, 06:45 PM

I like wat u say. There are a few ways to look at it.

1. ur fren sees u as a great potential
2. ur fren wanna share with u a way to be financially free
3. it's a good thing n there's nothing wrong with it

I'm a Unit Manager with Manulife and I am creating my own agency. which means I need a team of agents. ur fren may just be in the same situation seeking a team to work with.

u know ur fren better then any1 of us ere on this forum. do u trust this fren, yes? try it out

I would much like to recruit u also if i m able. yet i won't as i m not any other agent out there. u know wat u want n will only do wat u want to. wat i would suggest is to go n hear ur fren out. c if it really is something that u can do, aka help ppl. den give it a try...1 month? 3 months? 6 months?

set time line/check point and judge for urself it's a great industry to be in s u r helping ppl in their lives

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Added on September 24, 2010, 12:45 pm||Jasell

great having u start this. v wanna clear the air with wat being an insurance agent really means.

which u joined??

This post has been edited by coolpajames: Sep 24 2010, 12:47 PM

it's at 175 for 2 exams. where r u going to take ur exams?