Traditional Life Insurance
Provides coverage for the entire life, with a guaranteed amount for survivors when the policyholder passes.
How to Sell Life Insurance
- First things first you need to pass your state mandated life insurance licensing exam. From there you’re officially licensed to sell life insurance as a full time career!
- For those who are interested in selling life insurance part time, the industry allows for you to have an extremely flexible schedule. You can work as many or as few hours as you possibly want, but if you’re really interested in selling life insurance successfully you will have to put in the time and effort to be rewarded for the fruits of your labor.
- Once you’ve found yourself in the position of a licensed insurance agent, the next step is figuring out how to sell life insurance successfully!
Yes, we're an FMO!
A field marketing organization (FMO) is a company that supports independent insurance agents in their sales endeavors and client retention. We provide an extra level of support to agents through excellent customer service and state-of-the-art resources and tools.
Types of Life Insurance
Depending on what company or companies your brokering life insurance deals for, it will determine what different types of life insurance products you might be selling.
- Term Life Insurance: A life insurance policy that guarantees the payment of a death benefit if the insured individual dies during the specified “term” or time period. The beneficiary of a term policy is the individual who receives the death benefit in the event of the insured’s untimely death.
- Whole Life Insurance: A permanent life insurance policy in which its premium will not change during the life of the policy. This permanent life insurance policy builds tax-deferred cash value, and as long as the premiums are paid, the products beneficiary is guaranteed a death benefit.
- Universal Life Insurance: A permanent life insurance policies in which its premium payments are flexible/changeable. This life insurance product is typically less expensive than the whole life insurance policy. This product will pay out a death benefit, and stay in effect as long as premiums are paid.
- Life insurance as a whole is often considered the most lucrative type of insurance to sell. It is well known throughout the insurance industry that Life insurance offers individuals the highest commissions on a new sales.