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Your life insurance agent will need to know your age, gender, lifestyle, the type of life insurance you need and your medical status, which may require a physical examination from a medical doctor ...
While the agent collects commissions, they do not collect a salary from the companies they represent. On average, independent agents work with thirteen property and casualty and six life and health insurance companies on a regular basis. [7] Independent agents own and control their accounts, policy records, and renewals.
In the United States, Certified Insurance Counselor (CIC) is an insurance agent professional certification designation. The CIC certification program was started by the National Alliance for Insurance Education & Research in Austin, Texas in 1969. [ 1] Some CIC courses can be used to fulfill state continuing education requirements for licensing ...
The IIABA has spent more than $1 million in 2010 in lobbying efforts on federal crop insurance, insurance licensing reform, and other insurance issues. [2]The IIABA supported the National Association of Registered Agents and Brokers Reform Act of 2013 (H.R. 1155; 113th Congress), a bill which would reduce the regulatory costs of complying with multiple states' requirements for insurance ...
If you are in the market for life insurance, here are the steps you may find helpful in purchasing a policy that is right for you. 1. Decide how much coverage you need. Before you start requesting ...
Tim Hoolihan, licensed life insurance agent at Assurance IQ, points out that term life insurance can be “a useful financial tool for budget-conscious consumers when it comes to protecting income ...
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