If you are looking for a career change, you might be considering selling insurance for a living. There are many benefits to working as an insurance agent, and if you are good with sales, this might be a great option. Here are some things you need to know about selling insurance.

Do You Need Any Special Education?

You cannot become an insurance agent by just walking in off the street and applying for the job. There are some requirements for selling insurance. Those requirements generally vary by state, which means that you will have to look into your specific requirements, but as a general rule, you will need a high school diploma. A bachelor's degree is not required in many cases, but it is definitely helpful and most likely if you have two people applying and one has a college degree and the other does not, the job will go to the more educated.

Additionally, you will need to get special licensing to sell insurance. There are courses that you can take in person, or some courses online, that can train you to understand and sell insurance, which will result in you getting a license. If you are interested in selling insurance, this is the first step you should take.

How Does An Insurance Agent Get Paid?

Generally, insurance agents are paid depending on how many policies they sell. Health and auto insurance work a little differently, but life insurance is probably the most common agent to aspire to because you can make the most money doing this. Usually, you will work for a company and can be paid a base salary, or it may be all commission based. So for instance, you will sell someone a plan and then you will get a certain percentage of those premiums each year. The first year, you will get the majority of the premiums, then after that you will get a smaller percentage, like 5% instead of 90% of the premium. But as you sell to more and more people, you will make more money and it will continue to build every year.

What Kind Of Traits Are Important For Being An Insurance Agent?

In order to be a good agent, you have to be knowledgeable about insurance, you have to be a good salesman, and you have to be ready to take rejection. There will be people saying "no" a lot more than "yes," so you have to keep your spirits up with rejection. But if you can stick with it, the rewards can be great.

These are just some things you need to know about being an insurance agent. Contact a company like Enterprise Training School to learn more.