 In New York, does a VEHICLE have to be insured or does the driver need to have insurance? |
| I just turned 18 and my parent's insurance company is making a great effort to add my name onto their plan (and almost double the premium). I know in New York, you MUST have insurance to drive, ... |
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 How can I get my HMO to pay my Medical Bills? |
| Hired at a hospital with Medical Coverage. The insurance is Blue Cross Adminstrators They Have not paid my Medical Bills which total over $5000. They ask me to fill out a form of previous coverage ... |
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 Life insurance policy ? |
| my father died in 2002 while i was in my freshman year of college. i just found out my sister who was 13 at the time just got $14,000 back from his policy and my brother who was 17 at the time got 900... |
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 Can my husband & I both carry health insurance cov. thru work? |
| My questions is I guess...Can you have two health insurance coverages for the same people? Like if I got health insurance coverage through work on me & my husband and family and then he did the ... |
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 Individual short term disability insurance for maternity leave? LOTS OF ANSWERS PLEASE!? |
| My employer does not offer short term disability insurance. Anybody know of good insurance companies that offer INDIVIDUAL short term disability insurance? I want to purchase own, personal ... |
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| What car insurance company is affordable for a student with a part time job with a fair amount of pay? |
Additional Details
Im a student who is looking to get off my parents insurance and is wondering if there is a good insurance company for students that dont have alot of money to play ... |
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 My mom is fighting with social security and the life insurance. please help? |
| i live in ohio. my mom does not have enough money to pay for a lawyer but life insurance and my dads work is dicking around with the life insurance and social security is also dicking around paying ... |
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 Life insurance policy that covers whether the policy holder lives or dies is? |
A life insurance policy that pays whether the policyholder lives or dies is called??
Im trying to find out good insurance, and figure out what they all mean.
Thank you!!
Additional D... |
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 When a person elects to take COBRA, is the check made out to your former employer or the insurance company? |
| I am starting a new job and will not have benefits until January 26. I have to pay COBRA for health benefits that being on December 1 but the office manager did not tell me whom to make out the ... |
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 Help! Pregnant with no insurance!? |
| Hi, i'm 21, from VA and pregnant with my first child. I'm guessing I'm right around 5 weeks and my first prenatal visit is May 20. I'm getting married this summer and super ... |
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 Car insurance for a 16 year old in miami? |
| how much do you have to pay monthly??year??... |
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 Health Insurance for the self-employed? |
| After 13 years with my husband, he is leaving me. I have always been on his health plan because I am self-employed. Can anyone offer me any advice on where to find providers? I have no idea where to ... |
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 Can I remain on my mother's insurance? |
| My mother divorced my father when I was 3 and remarried when I was 5. My step dad adopted me, so my biological dad lost all rights and guardianship to me. He subsequently moved to New York. When I ... |
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 Homeowners insurance?? |
| Does anyone know about how much insurance, per month, would be on a $79,500, single home, in McAlester OK? If you need more info just ask. I dont know much about this stuff, soon to be first time ... |
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 How can I get home insurance for a vacant house ? |
My Father died recently and the Company has cancelled his coverage. Although I live there (part-time) I am told the house is no longer "owner occupied"
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TMy D... |
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 How can I get my Social Security check switched over to my name from my mom's? |
| I need to get my check switched into my name so I can have the money to move out of state. How can I switch everything over to my name and switch it over to a different state? Can I do this online? A... |
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 Can insurance coverage be cancelled retroactively? |
| My coverage ended 5 months after I reduced my hours and my employer refused to let me elect COBRA after coverage ended.... |
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 How come no dental coverage from medicare? |
| Like teeth do not count as part of your health ... |
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 How much do you pay monthly for your benefits plan through your workplace? |
| I am just deciding whether to sign up for mine. But I don't totally understand the details. I would really appreciate if you could tell me who you work for, and what your plan is like (briefly)... |
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 Can my father take life insurance out on me (adult)? |
| I am in my twenties and not living at home. However, I am currently driving my dad's car and he is paying the insurance. My mom recently told me that she found out once he had secretly purchased ... |
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biju_1942 | What is the disadvantages of being a Insurance Agent or Mutual Fund broker ? |
Want to know the disadvantages of being a Insurance Agent or a Financial Advisor. |
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John A
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First off, these two things are the same as the products you sell are marketed the same way.
Disadvantages are many but thats what you get for selecting one of the best occupations around. If it was easy, everyone would do it, correct?
1) hard work - everyone hears this and says "yeah yeah everything is hard work, I've done it before, I'm used to it..." With all due respect no you are not used to it and your idea of hard work in most cases won't come close to how truly you must commit yourself to long hard hours for many years to achieve success
2) fear of rejection - if you have anything less than skin thicker than an elephant's behind, you will be run out of this business very quickly. The amount of rejection, from both strangers and friends and family alike you will be constant and overwhleming. Very few people can keep their attitues where they should be grit through it
3) Pressure to earn - these are commisison roles or at least after one year they are all commission roles. If you do not have a cushion of cash saved up or income from another source (ie. a spouse) the pressure to make sales right now will drive your customers away in hordes and you will always be opertaing under the gun, never realy sure if the advice you are giving is best for your client or for your wallet.
There are many many other disadvantages but the advantages are both numerous and compelling which is why so mnay people take a shot at these careers. The industry statistics show that if 10 people embarked on careers today in these occupations (regardless of company)
2.4 will still be in the business in 2 years from now. But I will say those 2.4 people are truly engaged in a lucrative and rewarding career. |
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T'yr
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It depends on the company you work for. Ultimately, there doesn't have to be a downside. You can use business as a method for making more friends, you can focus your solicitations businesses and/or stay-at-home moms or seniors, removing the need for those late office hours.
The only universal disadvantage to insurance is paperwork. There's a lot of it, and much of it is necessary fine detail work.
You can find a company that pays pure commission, or you can go with a company that gives you a base salary and then comission on top of that or you can go into business for yourself, if you have an effective sales personality/history and make bushels of money.
How you do it is what's critical. |
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Sherlock
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Living on commissions. Also if a policy is lapsed during the firs year you lode the large initial commission you receive. Also long hours usually involving evenings, when clients are home and off work. Companies require you to provide a certain amount of new business on a weekly or monthly basis. Failing to do so will affect your income and a long dry strectch can cost you your job. |
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Insurance Made Easy.biz
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Only 2 out of 10 new agents survive the first year. |
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montekristo76
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Lets focus on the things you do need like John A. said.
You need to be a solid C student in Business classes. You need to like knocking on doors of strangers and cold calling. You don't need a finance degree because you will be selling what ever your brokerage house tells you to. You need to pass your series 7 and 63 exams which could be done while you are in high school if you really studied. You need to like having to explain simple, common, financial terms and concepts to clients because of the rampant financial illiteracy in this country. You'll have to try to get all of your friends and family to invest their money with you so you can get enough commission to eat. You need to polish up your resume and look for another job once you run out of friends and family because you will no longer have any commission to live off of.
Let your peers who did horribly in college go sell investments and insurance. Face it; what college graduate with any amount of self respect would be dirty salesman? Have some pride and get into the analytical side of investments to have a REAL career. |
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Professor Wonderful
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Real simple:
If you look for negatives, quit now.
This indutstry is far too tough for negative thinkers. |
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Jermone J
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the only disadvante is, you cant make friends. All your friends think that, you want to make business out of a relationship. |
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