How To: Get A Life Insurance License

 Each of us has some sort of calling and if you believe that being a life insurance agent is for you, the goal you should be thinking about is getting yourself a Life Insurance License. Although selling life insurance is a challenging job, the good thing about this is that it allows you to earn top dollars in a recession-proof industry. That’s good news, right?

Some report that annual income of insurance agents that are not even considered as their company’s top earners range from #350,000 up to $600,000. You’ll even get the feel good feeling when you deliver a check to a grieving family after losing their top provider. If you are up to the challenge and you feel that this is the right path for you, here are a few steps on how to get the license you are dreaming of:

1.) Know What Is Required From You. Find out what an actual insurance agent’s job is. You may contact the National Association of Insurance Companies (NAIC). They will be able to provide you with information with regards to this. Make sure to call insurance companies you are targeting to do business with. You may also take a job as an assistant to an official insurance agent to know the basics.

2.) Know Your Self. Do you have the people skills to establish rapport and build relationships with people? Will you be able to communicate effectively enough to persuade people to want the insurance they need but refuse to buy? Do you have the financial means to forgo a salary for the first six months or until your business becomes profitable and stable?

3.) Make Sure You Have What It Takes. Look for educational and employment opportunities. You may get hired as a potential agent by an insurer that offers job training and compensation during said period.

4.) Prepare For A License. Find out what are the requirements to obtain a license in your state. Find a list of recommended study aides that can help you pass the licensing exam. Also inquire about continuing education requirements.

5.) Apply For A License. Contact the Department of Banking and Insurance in your states so you can apply online or in person. Be sure to ask if you will be needing a certification if you do not reside in the state you are planing to do business in. In case you need a letter, you may contact NAIC. They can verify that you have satisfied the educational requirements in a different state.

Now that you know the most common process on how to acquire a life insurance license, go forth and follow your dreams. Help someone buy term life insurance online. Maybe one day, you’ll be the top life insurance agent writers will be writing about.