Getting Started in the Insurance industry

KCinsuranceguy · 09-18-2008, 04:41 PM

Hello everyone, I first want to start off by saying that this forum is amazing with all of the collective information shared here and thank you to all who have contributed. I am looking at getting into insurance, still undecided as to which particular type but I am leaning towards Life and Health.

Here is my situation; I would greatly appreciate any advice or feedback. I am currently in mortgage (own a branch, which I will be closing) and need to "hit the ground running" due to low funds. I can get by with a low income for the first few months, but would like to make at least 50K my first year. I realize this all depends on me, but I'm looking for advice as to what insurance would alot me the highest probability of doing so.

I have interviewed with MetLife, but I don't know if I will take the position. I want to go independent, but desire good training because I want to have a good foundation.
So I have a few questions.

1. Are there any good independent insurance agencies that offer good training to a newbie? I am near Kansas City.

2. Would you recommend going independent for someone who needs to make 2-3k starting by their second month?

3. How would one go about finding these companies?

4. Is Life and Health a good choice to try and make a good living through hard work on your first year?

5. Anyone know about the market in Kansas/Missouri for L&H?

Thank you guys for reading my post and any information.

myinsurebiz · 09-18-2008, 10:50 PM

Originally Posted by KCinsuranceguy

#1 - I can get by with a low income for the first few months, but would like to make at least 50K my first year. I realize this all depends on me . . .

#2 - Would you recommend going independent for someone who needs to make 2-3k starting by their second month?

#3 - How would one go about finding these companies?

#4 - Is Life and Health a good choice to try and make a good living through hard work on your first year?

1) You yes - but build a team and don't earn alone . . .

2) Focus on writing one product for 6 months minimum. Work hard - 9am to noon and 3pm to 6pm - at least 4 days a week. Build a team and show them how to do the same.

3) You just did . . .

4) Focus on one for 6 months. Keep it simple . . .

Good Luck!

Tom

healthagent · 09-19-2008, 07:39 AM

If you want to go independent with training go to Health Choice One - Health Insurance, Medical Insurance, Life Insurance, Denver, Colorado

GreenSky · 09-19-2008, 09:09 AM

Originally Posted by healthagent

If you want to go independent with training go to Health Choice One - Health Insurance, Medical Insurance, Life Insurance, Denver, Colorado

I wish there was some sort of a group or association that a new agent could join for a low price that might be of some help.

Oh well. Might be wishful thinking.

Rick

healthagent · 09-19-2008, 10:01 AM

If I could only get the word out somehow - like if they allowed me to have some kind of signature link....

Frank Stastny · 09-19-2008, 04:03 PM

Originally Posted by healthagent

If I could only get the word out somehow - like if they allowed me to have some kind of signature link....

I can arrange an introduction to Sam, the owner of the board, if you think that might help.

Do you have something that might be helpful to KCinsuranceguy?

KC, if you want to give me a call I can talk to you about Med Supps in Missouri and raising goats. (A good "fall back" position.

)

You will have to go to someone else for the latest regarding Part C plans. Midwestbroker would be a good one for you to talk to about them.

Corporate Death · 09-20-2008, 01:01 AM

Originally Posted by healthagent

If I could only get the word out somehow - like if they allowed me to have some kind of signature link....

Thing is, said organization would have to have really informative lessons in powerpoint/video format to help folks step by step to understand every little thing they would need to do to setup and begin marketing. Not sure if an association like that exists though........ hmmm......

KCinsuranceguy · 09-26-2008, 02:20 PM

I hear what you guys are saying, but no point in beating a dead horse!

I am def looking into the IHIAA route. Still don't have my license yet, but will be doing that soon.

Frank I'll take you up on that offer for the call, left you a message today, looking forward to it.

Steve

healthagent · 09-26-2008, 02:23 PM

Hurry - I'm giving out IHIAA blazers to everyone who signs up by this weekend.

Delta76 · 09-26-2008, 02:33 PM

Hurry - I'm giving out IHIAA blazers to everyone who signs up by this weekend.

Lime green?

healthagent · 09-26-2008, 02:34 PM

No but tassels on the lapel.

KCinsuranceguy · 09-26-2008, 04:24 PM

Originally Posted by healthagent

Hurry - I'm giving out IHIAA blazers to everyone who signs up by this weekend.

How do you stay in business with such an offer?

healthagent · 09-26-2008, 04:31 PM

Hey, join us in Vegas in November!

Delta76 · 09-26-2008, 04:33 PM

Quote:
Originally Posted by healthagent
Hurry - I'm giving out IHIAA blazers to everyone who signs up by this weekend.

How do you stay in business with such an offer?

A $400 shipping and handling surcharge. I found out the hard way.

GreenSky · 09-26-2008, 05:28 PM

Originally Posted by healthagent

Hey, join us in Vegas in November!

Is there a minimum production requirement or can I go?

Rick

healthagent · 09-26-2008, 05:38 PM

You can go, but we'll be in Vegas, not the Bunny Ranch

GreenSky · 09-26-2008, 06:53 PM

Originally Posted by healthagent

You can go, but we'll be in Vegas, not the Bunny Ranch

Then I fail to see any reason to go.

Rick

OHInsAGNT · 09-26-2008, 08:36 PM

Originally Posted by healthagent

Hurry - I'm giving out IHIAA blazers to everyone who signs up by this weekend.

Do you have 3XLT? Is there a crest?

healthagent · 09-26-2008, 09:41 PM

A crest? Absolutely. It's also embroidered on the fez.

sambrody24 · 11-18-2008, 09:07 PM

Hey guys, After much discussion the wife and I have decided to finally make the move to sunny Orlando from Cold and bitter Fairfax VA. We will be moving in about 45-60 days. If I get my health and life license in in VA can I just transfer it over to Florida or will I have to retake the test in Florida?