How can a insurance agent pick big cheque in insurance sale?

It depends upon the contacts and their willing to take big insurance policies

good luck
pnkmurthy@yahoo.com

With endivour efforts and personal contacts with rich and famous.

insurance agents are paid up so much for the sale they have made.12% to 40% pay commisions for them is being paid now.
Referral marketing is an excellent way of additional income. Its only optional. Not a compulsory one.
See you are taking one insurance policy after analyzing every factors whether it is best of all. So definitely you may recommend it to somebody also. In traditional marketing the agents get all the commissions of you and your referrals . but in referral marketing shares the commissions to the team those who are referred people to them.
Here you get referral income of rs1000 in average for every policy you refer. Means if you refereed 10 people means your referral income rs10000. Plus . there are sum added bonuses also.
There is no targets. If you are not referring any body means no problem. But when you decide to go for anther policy means u will get the referral bonus, since u are already member.
OK . now I give u one calculation. This will give you a clear picture of this referral bonus.
Say for example., if u refer 3 persons to take this policy means you get Rs3000/-
ie Rs500 for first 2 policy and Rs2000 in third policy. now If you stopped to refer people, what will happen? Ur direct commission will stop after this Rs3000/-. Believe it is not bad.
If your 3 referrals have the same chance. If they start referring people they get their referral bonus and here you start to get indirect bonuses. If each refers 3 means you get around 4000 as indirect commissions, and commissions grow so on.
There is no targets. assume u refer 3 policies in one month from your policy date. And each of these 3 refer 3 each in one month from their policy payment. The team grows and each refers 3 policies in 1 month. Then after 1 year , when you calculate the sum of your indirect commission., Guess what will be your total commissions/ bonus?
Believe it or not â€¦ it will be 28 crores in first year itself.
If each refers 3 policy in one year means. 28crores of income in 12 years. Even then it is not a small amount . isn it.
If each refers one policy in one year and not more than 3 policy each. Then 28crores of total in 36years. Is it an extra income that to be omitted?
28Crores of income in one year or in life timeâ€¦ its according to your referral and encouragement of your team.

I can assure you that as how I refer you a good ULIP, in the same way I will help you to earn this referral bonus also.

So take a policy first (throgh corporate agent), and make a way to earn an extra income of Rsâ€¦.. crores.

Contact me for More details About insurance policy
My email: devaraj0910@yahoo.com

As a rule of thumb you can close a sale for every 4 presentations that you made (a lot of the best insurance sales people, have a ratio of 8 out of 10 closes).
So the more presentations that you made, the more money you will make.
To get the chance to make presentations, you must first get prospects. There are several ways:
A) Referals. The best source, because referals come from existing clients. Nowadays a lot of people doesn't like to refer because in doing so they will provide with name, age, address, phone number and other information. The best way to overcome this problem is to create a solid relationship with your clients. Call them once a year to review their policies, send them greeting cards on birthdays, etc. If you have a good agent/client relationship, they will provide you with refererals.
B) Buying lists. You can buy lists of prospects and call them to set appointments and then presentations.
C) Your pesonal developed market. If you get paid by selling insurance, it is in your best interest to develop a market for yourself. Carry business cards with you, offer insurance to every person that you meet (might seem like a lot, but sometimes people listen - I have made apointments and then sales from people I met on McDonalds and the mall).

Remember there is no easy street. Methods that offer easy ways to make income are flawed (otherwise everyone will be making a lot of money, don't you think?). Only by constantly looking for prospects, an insurance agent can thrive.

Hope you are talking about Auto-Insurance, agent should first start collecting data base before he could ask some body for his service. Then on the due date the agent should give best quote to his customer. Then there should be payment options such as cash,payorders & thru credit or debit cards.Agent should insist on pay orders or drafts to cover the instant risk. Further to above all agent should contact financers,new vehicle dealers etc

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