how can i get started or how can i become an independent broker for life insurance or other investment product?
i would like to know how to become an independent broker so that i may have several options in presenting any life insurance or investment products. i am currently with a life insurance company but they are not the best for some of my clients.
you don't have to be a broker but you can only sell for non captive companies I know 2 guys at a nationwide broker house that can answer all your questions and get you setup with the right companies
the name of the company is Life and Annuity Masters @ 800-997-8661 ask for Denise or Mike and tell them Rahn told you to call
Benefits of Whole Life Insurance Investment
Article by Ron Vermot
Whole life insurance is probably the most dependable type of insurance. The investment component they have is probably what makes them so attractive to most people. However, you shouldn't approach whole life insurance investment with the hopes of getting sudden high investment returns. The returns will be there yes, but they are best enjoyed when left to accumulate over the long term. The benefits of whole insurance are quite numerous.
The first benefit you enjoy is real returns on your investment. No matter what happens in the investment market, your money will be safe and your benefits will be paid fully. Whole life insurance investment companies approach investment in a different manner from that of operators in the stock and mutual markets. They are not after a quick return. As such they go for options that will yield returns in say 5 to 20 years, such as bonds. The risk level in the bonds market is very low, which explains why your money is always safe. Investors in these other markets will hardly touch anything that takes so long to mature. They are keen on chasing the cheaper options which can either bring in tons of profits or cause complete loss in a day.
Whole life insurance investment companies operate on strictly regulated policies. There are structured and highly regulated laws in each state to which all whole life insurance operators must adhere. For instance, guarantee associations and reserve pools are monitored to ensure that policy holders are protected against insurers' defaults. Whole insurance companies also insure themselves by purchasing coverage from re-insurance companies. This way the policy holders' interests are protected should anything go wrong.
Of all types of life insurance, participating whole life policies are the most rewarding. Companies giving such policies usually pay dividends to policy holders based on how much profit the company makes. Premiums are constant throughout the life of the policy making it easy for a policy holder to plan ahead.
About the Author
When looking for whole life insurance investment, it is advisable to take time and compare the different rates offered by different companies. The best advice for getting the cheapest short term life insurance is to shop around.
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