Jul 4 2010, 03:25 PM
QUOTE(llJasell @ Jul 2 2010, 11:03 PM)
I'm not sure whether this topic appeared here before or not so I'll just try my luck.
I'm thinking of getting an Insurance Agent license but I dunno the procedure. So I think maybe I can get some answers from all the professionals here. Actually I have a few questions on being an Insurance Agent. Please provide any advice which you think its relevant.
1) What is the procedure to become an Insurance Agent?
2) How many companies an Insurance Agent sign with?
3) What is the commission rate?
4) What is General Insurance and Life Insurance? Can I sit for both or either one only?
5) Which insurance company is best for it's policies and claiming?
Thanks for spending time answering my questions.
*Sorry for my poor English.
4) When u study for ur license u will find out the difference I'm thinking of getting an Insurance Agent license but I dunno the procedure. So I think maybe I can get some answers from all the professionals here. Actually I have a few questions on being an Insurance Agent. Please provide any advice which you think its relevant.
1) What is the procedure to become an Insurance Agent?
2) How many companies an Insurance Agent sign with?
3) What is the commission rate?
4) What is General Insurance and Life Insurance? Can I sit for both or either one only?
5) Which insurance company is best for it's policies and claiming?
Thanks for spending time answering my questions.
*Sorry for my poor English.
basically, life insurance is anything to do with medical and mortality of a human being. everything else is general insurance. (ie: ur possessions)
yes. can sit for both at the same time.
5) choose a reputable, strong company and a great agency leader (GSM) with track-record of at least few years of MDRT.
QUOTE(vandoren @ Jul 3 2010, 12:37 PM)
while waiting for other PROs to clear your doubt, i can answer part of your question, as I'm just newly pass my insurance exam this monday and havent signed to any insurance company yet 
1) What is the procedure to become an Insurance Agent?
Register at MII Malaysia Insurance Institute register for the exam at RM80.
2) How many companies an Insurance Agent sign with?
life insurance - 1, general insurance - 2
3) What is the commission rate?
not sure
4) What is General Insurance and Life Insurance? Can I sit for both or either one only?
of course. GI study part A&B, LI study part A&C
5) Which insurance company is best for it's policies and claiming?
not sure
just want to add:1) What is the procedure to become an Insurance Agent?
Register at MII Malaysia Insurance Institute register for the exam at RM80.
2) How many companies an Insurance Agent sign with?
life insurance - 1, general insurance - 2
3) What is the commission rate?
not sure
4) What is General Insurance and Life Insurance? Can I sit for both or either one only?
of course. GI study part A&B, LI study part A&C
5) Which insurance company is best for it's policies and claiming?
not sure
3) 20-30% depending on the product.
4) u can sit for parts A,B & C at the same time if u want.
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