1. Time & Freedom
You are in control of your career and schedule as a life insurance sales agent. Unlike most other careers, there is no ceiling to how much money you can make as a life insurance sales agent, so it all depends on how hard you’re willing to work. How great will it be to know that the more you push the more you can earn? Not all jobs are merit-based in their salary structures.
You may be a hard worker but hate clocking in and out at the same time every day. That doesn’t mean that you will not succeed in life. It may just mean that you need a special career. When you become a life insurance sales agent, you can juggle your time however you see fit. However, if you get lazy, you’re the only one to blame when business takes a nose-dive.
2. Unlimited Earning Potential
The average life insurance sales agent makes almost twice the national average salary. If you’re switching careers in the middle of your life, you don’t have time to go through the years of working up from low-paid, entry-level positions until you finally land a job that pays enough to live on.
This is another reason that becoming a life insurance sales agent is a great choice for a secondary career, as life insurance sales agents have a very high earning potential right from the beginning. By far, life insurance offers the largest commissions in the insurance industry. And Family First Life is the Rogue IMO disruptor in the life insurance industry, offering the highest comp to its life insurance sales agents, up to 145%.
3. Serve Others & Make a Difference
A career in life insurance sales is not just about selling, but about educating and helping people in their time of need. While sales is a necessary ingredient, you are also providing a service everyone needs. As a life insurance sales professional, you will guide customers in identifying the type of life insurance needed, the level of coverage, and be able to help them purchase the right policy. In the end, you are providing security and peace of mind.
4. Recession Proof
Life Insurance isn’t going anywhere. It’s been around for centuries, and it will stay as long as people continue to need medical care, drive cars, own homes, and run businesses.
During a recession, life insurance is more stable than other fields. That’s because no matter the economy, people always need protection from the financial burden of losing a loved one.
5. Passive Income
Best of all, as a successful life insurance sales agent, you can make a lot of money down the road. In addition to the immediate commission earned from selling a policy, you get paid renewal commissions on that policy for as long as it is in force. At Family First Life your renewals are vested from the day you start. There are also cash bonuses awarded to top producers from the carriers and Family First Life.
If you decide to start an Agency with Family First Life you would receive an override commission on any agent that you hire when they sell a policy. Along with receiving a VP agency bonus on a monthly basis.
6. Demand is High
According to projected economic data, the demand for life insurance sales agents will not only stay steady, through 2022, but it will also grow. According to the U.S. Bureau of Labor Statistics (BLS), the number of life insurance sales agents is expected to grow by 9% between 2014 and 2024, compared to the projected 7% growth rate for all jobs during that same time period.
7. Few Barriers to Entry Point
Due to the low barriers of entry, life insurance sales is a good career choice for people who are transitioning into a new career. It only takes a few weeks to study for the state licensing exam, pass the exam, and start selling insurance. Unlike many other finance-related positions, prior experience or a college degree is also not required. That means life insurance sales agents with limited experience can achieve financial success relatively quickly.
At 87 million strong, millennials are the largest generational group in America along with being the most diverse. Life Insurance roles entail communicating and collaborating with people from all different backgrounds, and this experience will prove invaluable as the life insurance industry expands.
Experience the difference with Family First Life
You’ll have first-hand experience with all eight of these reasons to become a life insurance sales agent when you work at Family First Life. We’re committed to sharing this great opportunity with life insurance sales agents as they help protect families when the unexpected happens. At Family First Life, we’re proud to stand apart from other life insurance companies serving our nation.
One of the biggest things that makes us unique is the fact that we don’t make you sign a contract. Instead, you are truly independent. This means that you are your own boss and own your business. This gives you the flexibility and power you need to truly build a solid long-lasting business and leave a legacy.
To learn more about Family First Life and how to begin a fulfilling career as a life insurance sales agent, contact us today.