How to be an insurance sales agent?

Learning how to be an insurance sales agent is not easy. Getting an insurance license is the first step if you want to know how to become an insurance agent in Ontario. You can start your career in the insurance industry if you are fond of guiding people. So, the first step of learning how to be an insurance sales agent is having passion for your work.

As per the U.S. Bureau of Labor Statistics, the median annual wage for insurance agents was $52,180 in 2020. The second step is to choose if you want to become an independent insurance agent or a captive agent.

Steps on How To Be An Insurance Sales Agent?

1: First of all, you need to learn how to get an insurance license and then start the process to get one.
2: Choose between the path of an insurance agent: Captive agent or Independent agent.
3: Select your line of insurance to sell. You can also ask others about their lines and get inspiration.
Since this blog is dedicated to getting an insurance license, we will get straight into the details of getting one.

how to be an insurance sales agent

How To Be An Insurance Sales Agent?

Step 1: Get a high school diploma or a college degree. 

It is not mandatory to get a college degree to apply for an insurance license. However, it can look good on your CV when you apply to an insurance company. A high school diploma is necessary when it comes to educational requirements. But develop people skills to take you far in an insurance career. Likewise, take online courses and read articles on insurance marketing as it will come in handy for your future.

Step 2: Choose what kind of insurance license you want to apply for.

Generally, there are three insurance licenses: Life insurance, health insurance, property and casualty insurance. The type of insurance you want to sell will determine what kind of insurance licensing exam. Usually, if you sell more than one line of authority, you should take multiple licensing exams. You can do so by applying through the National Insurance Producer Registry (NIPR). Also, if you want to ask a real insurance agent about their journey and get guidelines, you can try searching the web for “insurance agent near me” and reach out to them.

Step 3: Learn about license requirements in your state. 

The requirement to acquire an independent insurance agent or a captive agent license differs from state to state and what policies you want to sell. The National Association of Insurance Commissioners (NAIC) has more information on the requirements. However, most states require you to complete a pre-licensing insurance course before applying for state licensing exams. It is advisable to enroll in a state-approved coursework program before your license exams.

The Final Step 

Sign up for the insurance agents license exam in the state of your choice and prepare for your exams by using study materials available on your state’s department of insurance website. Also, the fees and requirements for the state licensing exam vary.

Applicants should submit documents for a thorough background check relating to work history and criminal records because it is necessary. Forms include a state exam certificate, fingerprint card, a citizen affidavit, background report. After the state insurance board has reviewed it, they will approve and issue your license. In the meanwhile, you can start to brush up on your insurance selling skills by learning about marketing for insurance.

To conclude, we hope these tips helped you conquer the first step on how to become an insurance agent in Ontario. If you want more tips on a successful insurance career, then you can check out how to get an insurance licence.

how to become an insurance agent
how to become an insurance agent