1) What is the procedure to become an Insurance Agent?
- You must get recruit from any agency from different company.Like Prudential, GE, AIA or others.
- You need study and get the exam paper for PCE and CEILI from MII to let you have a license to buy insurance products as LIFE and Inverstment.
- You need complete the CPD hours in every year once became agent because this is compulsory program for every agency.
2) How many companies an Insurance Agent sign with?
- one only.
3) What is the commission rate?
- Each insurance have different commision rate. But every insurance agents will get the commission for every premium. If you get a high premium from big client, you will get more commision.
- As I know , insurance company will give two times bonus in first quarter and half quater.
4) What is General Insurance and Life Insurance? Can I sit for both or either one only?
- General Insurance not so famous in malaysia market because its old tradisional insurance and more focus in assets.
- Sell more life and investment insurance because now more people need it, espcially the investment plan.
5) Which insurance company is best for it's policies and claiming
- Every insurance have different policies and claiming procedure . Its so hard to define which company good.
- For the Life insurance, the top one is GE and second is prudential and third place is AIA in 2013
[WTA] How to become an Insurance Agent?, Advice needed...
Aug 11 2014, 05:43 PM
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