Life Insurance Questions & Answers: Agent Interview
Agent Interview Q&A
Showing 7 questions
How do I find a trustworthy life insurance agent in my area?
I am a life insurance broker/agent and I have been licensed since 1984. I will be happy to take your call. Reach out to me and I will answer all your questions and provide help.
What do life insurance designations like CLU, ChFC, and LUTCF actually mean?
These designations indicate specialized education and training for insurance and financial professionals:* CLU Chartered Life Underwriter: focuses heavily on life insurance, estate planning, and risk management.
* ChFC Chartered Financial Consultant: broader financial planning education, including insurance, retirement,
investments, and estate planning.
* LUTCF Life Underwriter Training Council Fellow: focuses on practical life insurance sales, needs analysis, and client planning.
They can demonstrate additional training, but it’s still important to consider an advisor’s experience, licensing, and services, not just their designation.
Do life insurance agents need their own website, and what should be on it?
I don't have one, its not really necessary for me. I just simply talk things through and earn the business, then ask for referrals. I think for life insurance unlike health insurance a website is okay but doesn't really give you a leg up in my opinion.What is an IMO or FMO, and how do I choose the right one as a life insurance agent?
Individual marketing organization versus a Field marketing organization. They both have the same function but the difference is that an the FMO is bigger.What are the best sources of life insurance leads for agents, and are purchased leads worth the money?
Yes, mailers are still number one as far as I am concerned and referrals but some agents like myself have used internet leads but they are shared in most cases and not as effective.How do you become a licensed life insurance agent, and what does the first year really look like?
You have to find a carrier or an FMO to help you jump through all the hoops and once licensed and appointed you can go beat the bushes. Selling life insurance is not for the faint of heart. Many try and many are gone in a few short months. You have to pay your dues and find a good mentor.Can you buy a life insurance book of business, and what should you look for before you do?
I suppose you are an agent so therefore you should do your own research, I know you can sell a book of business with health clients but not so sure about a book of life clients and it probably wouldn't be of interest to most agents like myself because life insurance has little to no renewals.Browse Other Questions & Answers
How Life Insurance Works (43) New to Life Insurance (29) Rates and Costs (28) Coverage (24) Financial Planning (24) Eligibility (23) Advice for Beneficiaries (17) Whole Life (13) Advice for Families (11) Term Life (10) Agent Interview (7) Life Events (5) Riders and Addons (5) Retirement (3) Universal Life (3) Final Expense (2)Have a Life Insurance Question of Your Own?
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