mufusmorgan
New Member
- 3
Hi,
I recently acquired my life/health/p&c licenses and I'm looking to make a move into the insurance industry.
I have an offer on the table from a local Allstate office. The person who would be hiring me has several offices within a 30 mile radius.
He appears to be a nice guy and I'm sure I can learn a lot from him at this point in my career.
My question is whether no residuals is standard practice, as one of the main reasons I'm getting into the business is so I can set myself up with residuals.
He's offering a small monthly salary (enough to scrape by on), and health insurance. Commissions would be split and there would be no residuals. I imagine that's because of my salary and benefits. At 3-5% on P&C and no residuals (apparently the core of his business), I'm wondering if this is a good move.
I know changing industries has its challenges, but do you guys think this is reasonable for someone with a good amount of sales experience looking to change careers? Is the potential to make good money there? Are there questions I'm not asking?
Thanks, I look forward to your feedback.
I recently acquired my life/health/p&c licenses and I'm looking to make a move into the insurance industry.
I have an offer on the table from a local Allstate office. The person who would be hiring me has several offices within a 30 mile radius.
He appears to be a nice guy and I'm sure I can learn a lot from him at this point in my career.
My question is whether no residuals is standard practice, as one of the main reasons I'm getting into the business is so I can set myself up with residuals.
He's offering a small monthly salary (enough to scrape by on), and health insurance. Commissions would be split and there would be no residuals. I imagine that's because of my salary and benefits. At 3-5% on P&C and no residuals (apparently the core of his business), I'm wondering if this is a good move.
I know changing industries has its challenges, but do you guys think this is reasonable for someone with a good amount of sales experience looking to change careers? Is the potential to make good money there? Are there questions I'm not asking?
Thanks, I look forward to your feedback.
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