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 Is Insurance career suitable to you?, post questions here and water testing

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blanket84
post Jul 23 2011, 08:26 AM

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Life Insurance or General Insurance? Working in insurance company or as agent?
blanket84
post Jul 23 2011, 10:04 AM

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QUOTE(ivanswk @ Jul 23 2011, 09:30 AM)
so which the biggest life insurance co in malaysia now ?
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Great Eastern if I'm not mistaken..
blanket84
post Jul 23 2011, 02:36 PM

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QUOTE(michwaka @ Jul 23 2011, 11:32 AM)
In Malaysia currently, Prudential has done 1Billion new business sales last year, being the first life insurance company that achieved 1B in Malaysia.

Anyhow, choosing the right company is important, and signing with the right Agency is of the same important, as when you are new, you'll mostly depend on the team effort to groom you up.

If you want to know more, let us know. you can visit us at facebook.com/echelonadvisory.  rclxm9.gif
You're not answering his question..you're just merely promoting the company of insurance you're selling..

I'm not an expert in life insurance, but i assume the size of insurance company is determined by looking at their gross earned premium.

For last year, these are the figures for the GEP for top two life insurers in Malaysia.
1. Great Eastern - RM 4.8b
2. Prudential - RM 3.5b

So I guess Great Eastern is the biggest life insurer in Malaysia.
blanket84
post Jul 23 2011, 05:31 PM

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QUOTE(asdzxc @ Jul 23 2011, 03:08 PM)
sorry TS, i just quit insurance industry after 6 months, i can't get a single client to sign up a policy, it's even hard to make appointment through the phone and customers shove you off the window, if you want to join as an insurance, make sure you got a lot of family member to suck up from and sign ur policy or you're dead within 3 months
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"Insurance Indusrty" is more than just being an agent..in broader scope, insurance industry involve a lot of things more that what you normally see. In insurance industry there are underwriters, actuaries, reinsurers, surveyors, claim dept, broking dept and many more who work for insurance company..

So if u want to join insurance industry it doesn't limit just to being an agent..of course agent is where u can easily make money..there is more option u actually have other than what normal people see..
blanket84
post Jul 23 2011, 07:54 PM

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QUOTE(ivanswk @ Jul 23 2011, 06:56 PM)
so if no liability then i do not need to buy insurance  ? cause my car loan all settle, i stay at my house which parent give. my wife earning more than me, dun need me to support leh. no children also yet ?


Added on July 23, 2011, 6:56 pm

wow so many which earner better ?
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I guess the CEO would be the best earner..

Yeah..no liability u don't need insurance..unless ur company doesn't provide u with medical insurance..else company's medical insurance is enough..
blanket84
post Jul 23 2011, 11:43 PM

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QUOTE(dreamer101 @ Jul 23 2011, 11:34 PM)
blanket84,

No. The OWNER of the insurance company earn the most money.

Dreamer
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Yeah..you're right..but what I meant was CEO probably the best salaryman..

 

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