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Insurance Sales: Why It's Harder Than You Think!

By: Jason Cunningham (8-24-2006)

 At one time, I was an everyday insurance agent/financial service representative. Some nights, I do not remember going to sleep. Even when I was out to eat, I still looked for new prospects for insurance and other financial products. Eventually, I realized that this was not the life for me. However, I did it long enough to tell a compelling story.

 What makes insurance sales so hard? For one, you have to constantly see new people or find new prospects for insurance. You are sometimes convincing total strangers to give you and your company money that could range from $30 to $5000 a month.  Moreover, it is definitely a job where you cannot set on your laurels. In business, some deals fall through for a variety of reasons. The insurance business is no different. Therefore, you should not get to gleeful after you close a big insurance sale.

 You need to have at least $5,000 in your pocket, before you quit your present job. It's my own personal opinion, but you can go broke waiting on insurance sales to close or go through underwriting. If you realize that the insurance business is not for you, get out prior to filing for bankruptcy. Most people will never tell you these things. However, I have been through the fire.

 While insurance sales can offer you a lucrative sales opportunity, it is up to know to realize if the job is right for you. It is not as glamorous as it is portrayed on TV.  Be prepared if you are going into insurance sales. Make sure you have plenty of people to see, prior to signing that job contract.

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