How much money do you make? Insurance Broker

[@juanlulu07]

Taking this as a sign! My name is Juan as well and I'm taking my state exam in a week! Feeling excited and optimistic! 😁

[@UncutRelease]

Nice! I take mine soon as well. Let me know how your experience goes

[@taweehill]

You can do it!

[@diaarraaa]

Good luck

[@elitescarecrowgaming4713]

Not sure if you’ll see this, but I’m curious as to how long the process is. Any input would be amazing!

[@Miggysteez]

What happened

[@marianagarcia6368]

It took me 3 weeks and I passed with 93% and first month 40k. His with a good company.

[@mariaa690]

What company are you with?

[@nics0ul]

Congrats! Did you take a pre licensing course? I was looking into Xcel Solutions but the reviews were so bad. I need some kind of training though, I don’t wanna go to the exam knowing almost nothing

[@marianagarcia6368]

@@nics0ul I did the Xcel and there’s a lot of typos in the materials and some practice test. What help me with screen shotting the practice test answers and making flashcards of them. Also, the vocab it might seem a lot for the vocab, but a lot of it is repeated. Xcel solution is not the best a lot of what I learned came off of podcast channels, RUclips videos, and other people in the industry explaining things to me otherwise I probably would’ve got low 80%

[@devncross]

@@nics0ulxcel is the best one lmao

[@wordtomymuvva5063]

@@nics0ulyou will fail bad if you take the exam with no knowledge

[@liudmila3369]

I just got my license. NY Live Accident and Health. Took me 2m to study for the state exam…. I hope I will be able to support my 3 kids.

[@clydeb7713]

92% FAIL doing this for a living the first year. You have to have a very strict system know how to sell and have money to sustain yourself. Not easy!

[@camerokid78]

Do you have a source for that statistic?

[@skipstreet]

Health insurance is required by law so if you cant make a living selling it it says more about you.

[@clydeb7713]

@skipstreet You can t be forced now to get health Insurance. ZERO penalties and not required on tax returns now.

[@skipstreet]

@clydeb7713 I could be mistaken but I thought biden put that back.

[@df7817]

​@@skipstreetactually its not

[@bradkeegan6787]

Probably takes home $80k working 40 hours a week.
I’ve heard people make 30k a month

[@SOUR_OG]

I’m only making 18k as an electrician apprentice probably around 20-30k when certified in 4 years. 30k starting ain’t bad for me I’ll take it lol

[@louistru8652]

@@SOUR_OGa year? That’s a little low isn’t it

[@WOLFLiFTSS]

how does one get into this?

[@salsaboiave5701]

Let me guess he works for Crimerica 😂

[@ryanmaya]

idk lol

[@johnquedu3148]

He didnt. I worked with him, hes doing Life insurance last i heard. Chill kid

[@TheOneTrueNoName]

Dang that guy sells everything

[@ryanmaya]

:)

[@TrueWealthFinancial]

This is gold! 🏆

[@uzairqureshi6064]

How do you get into this field if your background is different (have a bachelor’s in kinesiology but seeking a career shift)

[@UNBROKEND]

Just study for the state exam and pass the test and find a good company.

[@aaronallen2774]

I thought you had to be an agent for a time before being a broker

[@302Notary-fingerprintboss]

The truth is agent and broker are the same. Broker’s just have authority and are allowed to offer many different insurance companies/plans. An agent may be independent or captive which means they are employed for a company and can only offer what the company offers and the captive agent may or may not have a salary and benefits/bonuses and/or commissions.

[@fahrimuhawesh3706]

Life insurance make way more

[@dg23457]

Short term it does but not as much as health insurance will make you long term by monthly payments from premiums you’ll get per policy you’ve written over the years.

[@Yespls888]

Upfront...but health insurance has more residuals over long term.
I'm a life agent but interssted in adding health too

[@jacklevenson5378]

Depends on if you’re a broker (agent) or carrier (insurance provider). Brokers get paid less in wages but can get varying commissions based on the company they work for. Underwriters (the agent that works for the provider) get paid higher salaries, but don’t receive commission on deals- they can be rewarded through bonuses, however.
Also, it’s important to know that the type of insurance (health, life, property/casualty, auto, etc.) doesn’t necessarily equate to higher or lower pay. It all depends on the firm you work for and your position in the company, just like most other jobs.
TLDR: Life insurance doesn’t necessarily pay more than other parts of the insurance industry!

[@elisaromero1238]

@@Yespls888 Yes you can make alot of money if you are independent. Not capitive.

[@AriVee901]

⁠​⁠@user-ch9ng5mz9zhi a broker is simply an insurance agent who sells policies for several different insurance carriers…. In other words they’re independent agents
I don’t understand your second question
Regarding your last question, that just depends on where you’re located. I’d advise you to take an insurance class before you go take the exam for your license however. You should be able to find insurance classes in your area by getting on google and searching “insurance classes near me” ,there’s also a lot of insurance classes online

[@fredyzacarias4374]

I wanna do this

[@missrhondam]

Go for it 💪🏽

[@TaurusKhalifa]

I’m an agent, DM me! My company reimburses you for obtaining licenses and classes and we can get you started with training in the meantime

[@ViralVideoClub54]

Where are you?

[@polarbear2014]

@user-ch9ng5mz9zsearch Aflac insurance agent jobs on indeed

[@polarbear2014]

@user-ch9ng5mz9zthey will train you

[@jerusalema9155]

When building up your credit, shiuld you open credit with a local comm bank or the big banks?

[@claudioccornejo]

Get a secured card with a big bank

[@childofthegoddess4207]

Wowowow

[@owolabitobi6669]

Hi there,Do you need anyone who can help you generate consistent and hot Life insurance leads?
Kindly let me know your opinion and proceed

[@sct4040]

2 months of training?

[@brendanboiyo]

Probably not. More than likely referring to the process of taking his courses, taking his exam, and waiting to get his license. You don’t have to be “trained,” to call yourself a broker. You would just be a broker who’s extremely green, and generally, training is an on going thing.
(Coming from a life insurance broker)

[@elitescarecrowgaming4713]

@@brendanboiyo how long does it take to actually get your license? What’s the general process look like?

[@nicoleayala4153]

The general process is finding classes for your State. It’s usually either a 16 hour (2-8hr classes) webinar or classroom session. From there you have to pass an exam provided by the company you took classes with to receive your certificate. With that you have a year to take the state exams, pass, and apply for your license. I believe the recommended study time (not sure if it’s the same in every state) is about 40 hours before taking the state exam.

[@brendanboiyo]

@@elitescarecrowgaming4713 similar to what Nicole said, it’s very simple. For me, I paid for my courses (mine were less than $50), it was an online course where you watch videos, do some reading, do quizzes and practice tests. After you’ve gone through all the content and completed it, you can schedule a test to do your exam. Upon passing, you can apply for your license. My courses took me a few weeks and that was while working full time among other things. License took about a month because MI was very behind.

[@keving1980]

@@brendanboiyo Are you making good money?

[@ivanr2308]

This kid worked at the health insurance firm I work at currently all of our salaries are public on a sales board he’s actually lying in this video he was a mid tier agent making 50-60k a year 😂 I think it’s really funny you took my salary as top agent who’s set numerous sales records for the firm as your own as if you made 80,000 working for AHG shame on you Juan hope you read this too bud

[@Heartless-oi3sp]

What all do you have to do to be able to sell insurance? Do you have to go in the office? Is it easy or hard selling insurance? How long before you made any money?

[@Yespls888]

Maybe he's independent (which I'm guessing so iff he's a broker). If thats the case its very possible he makes sales outside of the firm you all work for too.
Either way, no need to be salty. What he makes, or doesn't make, doesn't change that you do well too

[@ryhcky]

kinda sad that the top agent at your firm only makes 80k and that’s a record lol , i’m sure if you did make that much your attitude wouldn’t be as such

[@jessikagascadeoliveira8797]

This comment🤢

[@Yaahboi52]

Chill man. 50-60k is still a decent living especially if you’re not taking care of a family

[@richeneljeanpierre2205]

80k!! I'm through. Then, how much an agent make?

[@LaviakOdel]

I'm an agent and my weekly average is $1500, and the top agents are making $4000 on a weekly basis.It's also based on the company you work for.

[@vinny6416]

@@LaviakOdel we can help you write 6-10K in annual premium weekly. www.policypros.co

[@elisaromero1238]

@@LaviakOdel I am also an medicare agent and I have a friend who work at a different company and would make 4000 to 5000 a week. It all depends on how they structural the pay. So I believe you.

[@Naejonah]

@@LaviakOdelwow could you give me some tips ? I want to learn more and possibly head into the field .

[@MaciasOfficial]

@@LaviakOdel How long did it take you to be at the 1,500? I’m in my first month and it’s definitely challenging

[@matiusbond6052]

not an easy way to make money

[@justforfun765]

Im starting as being a POS

[@ryanmaya]

nice

[@clydeb7713]

Lies

[@nelsonmartinez8136]

What is a lie?

[@clydeb7713]

@@nelsonmartinez8136 The amount you make

[@richeneljeanpierre2205]

@@clydeb7713 What's the real deal then?

[@clydeb7713]

@@richeneljeanpierre2205 If you work full-time and well, you will net 40-50k after expenses and charge backs! 😉

[@carolcity1919]

@@clydeb7713here goes ur broke ass again 😂😂😂

[@TopGINC]

I just passed my test looking for jobs rn

[@TaurusKhalifa]

I’m an agent, DM me! My company reimburses you for obtaining licenses and classes and we can get you started with training in the meantime

[@ViralVideoClub54]

Still looking for job?

[@TopGINC]

Not anymore

[@TopGINC]

Just finished my certification

[@TopGINC]

Bout to see if the grass is greener

[@mekhiohanenye3129]

Just putting it out there pretty sure he lowballed his salary, check his watch out looks like a stainless steel AP….. also if you know anything about insurance it’s not hard to stack alot of residual income that last a life time🫡

[@FreyaGamer-rm3su]

I had my license the first try and studied for 3 weeks. Maybe I got lucky 😅 made 90k first year and 100k now

[@AriVee901]

Hey girlie !! 90k your FIRST YEAR?!? I love that! Were you selling any specific health insurance policies? Any ACA and or MA plans ?

[@ryanmaya]

Amazing!

[@FreyaGamer-rm3su]

@@AriVee901 I work as a captive agent for a brokerage firm. I only sell mapd plans all year round. My clients are not mine which is the downside of it. But I won’t have to worry about buying leads. I can refer you if you want.