What is the pay like in life insurance sales?
In the first 6 months... What is the pay like in life/health insurance sales? Any info about this line of work is helpful.. Would the slowing of the economy affect sales...
A down economy ALWAYS affects sales. Generally, most sales jobs are largely commission based until you start getting further up the ranks, such as territory or regional manager. I once found a financial advisor position (mutual fund jockey) that paid 18k base to start with comissions, but you lost the base after 2 years, and you had to maintain a quota to keep the base. Sales is tough, but sales and marketing are pretty much the only people top management respects, so go figure.
How I Raised Myself from Failure to Success in Selling
life insurance sales - click on the image below for more information.
A business classic, How I Raised Myself from Failure to Success in Selling is for anyone whose job it is to sell. Whether you are selling houses or mutual funds, advertisements or ideas -- or anything else -- this book is for you. When Frank Bettger was twenty-nine he was a failed insurance salesman. By the time he was forty he owned a country estate and could have retired. What are the selling secrets that turned Bettger's life around from defeat to unparalleled success and fame as one of the highest paid salesmen in America? The answer is inside How I Raised Myself from Failure to Success in Selling. Bettger reveals his personal experiences and explains the foolproof principles that he developed and perfected. He shares instructive anec
How I Raised Myself from Failure to Success in Selling
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10 Steps To Success With Life Insurance Sales Leads
Article by John L Thomas
The key to success with life insurance sales leads that are generated by a 3rd party lead company is to devise a plan of action. Most agents who use leads fail to handle them effectively enough to be profitable. Here are ten steps for an insurance agent to follow to make a profit with sales leads.
1. Select the type of life insurance sales leads you want. For instance, there are insurance sales leads that are generated by mail, fax, internet websites, etc. Each lead type has its advantages and disadvantages. Also, decide whether you want to work with exclusive life insurance sales leads, or shared sales leads.
2. Determine the quantity of leads you can afford to purchase over a 60-90 day period before you receive any commissions from your initial sales. Typically, underwriting, approving, and getting paid on a life insurance policy will take at least 60-90 days. Therefore, you will need to fund your lead purchases over this period of time before you have commissions to re-invest in leads from profits instead of your pockets.
3. Select a lead company with a reputation for generating responsive leads. Ideally, you should get references from an agent(s) who has experience working the leads generated by the company you
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