I ahave always wonder about this profession.
I smell the passion, the hunger, the always-wanting-to-meet-new-people field of work.
Question is,
How does one become an insurance agent?
Let's discuss
Career as an Insurance Agent, Let's Discuss
|
|
Nov 21 2013, 12:16 PM, updated 12y ago
Return to original view | Post
#1
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
3,212 posts Joined: Jun 2007 From: atas bawah kiri kanan |
Hi all.
I ahave always wonder about this profession. I smell the passion, the hunger, the always-wanting-to-meet-new-people field of work. Question is, How does one become an insurance agent? Let's discuss |
|
|
|
|
|
Nov 21 2013, 01:16 PM
Return to original view | Post
#2
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
3,212 posts Joined: Jun 2007 From: atas bawah kiri kanan |
Can one go do sales, without being in a particular agency?
|
|
|
Nov 21 2013, 05:25 PM
Return to original view | Post
#3
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
3,212 posts Joined: Jun 2007 From: atas bawah kiri kanan |
How is the commission calculated?
|
|
|
Nov 22 2013, 10:45 AM
Return to original view | Post
#4
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
3,212 posts Joined: Jun 2007 From: atas bawah kiri kanan |
Which is better;
To go out alone, Or to join a team/agency/company to do insurance sales? |
|
|
Nov 22 2013, 12:06 PM
Return to original view | Post
#5
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
3,212 posts Joined: Jun 2007 From: atas bawah kiri kanan |
QUOTE(tehoice @ Nov 22 2013, 10:50 AM) it's 25% generally across the board, but if you hit certain level you are entitled to 40% of the premium paid. Many thanks for the insightful reply.for example, if you get one to pay for 3k per year per annum, so your commission is 750. (for up to six years, I think) and that's only from 1 client. if you have 50 or 100 clients? imagine your pipeline income, it is very lucrative, but not easy to do. So the commission is only paid if the client has paid for a year? Or right at the moment he signs up for the policy, you are paid 25%? |
|
|
Nov 23 2013, 03:00 PM
Return to original view | Post
#6
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
3,212 posts Joined: Jun 2007 From: atas bawah kiri kanan |
Say, I clinch a deal, selling LI at RM2.4k/annum.
Premium is paid monthly, at RM200/month. Will I get the 25% commission straight away, or will only receive it after a year? |
|
|
|
|
|
Nov 27 2013, 01:14 PM
Return to original view | Post
#7
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
3,212 posts Joined: Jun 2007 From: atas bawah kiri kanan |
|
|
|
Nov 29 2013, 10:28 PM
Return to original view | Post
#8
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
3,212 posts Joined: Jun 2007 From: atas bawah kiri kanan |
What's OTS ?
|
|
|
Nov 29 2013, 10:56 PM
Return to original view | Post
#9
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
3,212 posts Joined: Jun 2007 From: atas bawah kiri kanan |
Aha, the infamous group! Now i know!
|
|
|
Dec 1 2013, 06:59 PM
Return to original view | Post
#10
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
3,212 posts Joined: Jun 2007 From: atas bawah kiri kanan |
For the exam, what is the frequency?
I mean, is it held once every week/month? |
|
|
Dec 1 2013, 09:11 PM
Return to original view | Post
#11
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
3,212 posts Joined: Jun 2007 From: atas bawah kiri kanan |
QUOTE(JohnL77 @ Dec 1 2013, 07:17 PM) Aha, thanks!So is not fixed la, it depends on the timetable, hoho. |
|
|
Dec 1 2013, 10:40 PM
Return to original view | Post
#12
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
3,212 posts Joined: Jun 2007 From: atas bawah kiri kanan |
Don't usually the agency will pay the fees, as part of the employee's benefit? After all, without the certificate, the person is not allowed to sell insurance, no?
|
|
|
Dec 2 2013, 11:44 AM
Return to original view | Post
#13
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
3,212 posts Joined: Jun 2007 From: atas bawah kiri kanan |
Wondering, is the commission paid only when customers sign up and pay for the premium?
Then what about the assistance provided to the clients for claims. Does the agent receive commission as well? |
|
|
Dec 2 2013, 01:11 PM
Return to original view | Post
#14
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
3,212 posts Joined: Jun 2007 From: atas bawah kiri kanan |
Paiseh. Then no fun la liddat.
I mean, if got clients to pay premium, then got commissions. But assisting on the claims, no commission? But then, those two are also considered as work done, no ? |
|
|
Aug 31 2014, 11:36 PM
Return to original view | Post
#15
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
3,212 posts Joined: Jun 2007 From: atas bawah kiri kanan |
QUOTE(Cutieweiyi @ Aug 25 2014, 09:16 PM) i wonder can join as part- time insurance agent ? usually what will be the sales target ? if don't hit will get expel and commission for subsequence year gone ? You can, but you have to go solo, i work on your own. Usually if you join agency, you have to commit to work full-time, for a foreseeable future.Just my 2 cents. |
| Change to: | 0.0256sec
0.71
6 queries
GZIP Disabled
Time is now: 10th December 2025 - 11:26 PM |