Life Insurance Agent

Every year there are many new comers joining insurance sales business, at the same time, there is a mass exodus of insurance agents leaving for other fields giving reasons such as lack of training, inadequate support, dysfunctional supervisors etc.

More often than not, the actual reason why insurance agents quit the business is because they did not make the money they want from insurance selling. Very few people will leave a business if the business brings them the kind of income that can support their desired lifestyle.

There are always people considering a career switch to insurance business. They are curious to know how to go about to become insurance agents. Perhaps before they look for the answers to "how", they may like to seek "why". If your reason to do something is not compelling enough, it is always very easy for you to give up your endeavor.

The number of insurance agents quitting the business could have been much reduced if they joined the industry with the right reasons. The right reasons must also be strong and resilient enough to stand all trials and tribulations.

The following are the 5 wrong reasons for joining insurance business:

Try it out
A successful insurance business is the result of well thought planning and diligent execution. Equally important is the presence of purpose in life and goals in the business. A try-it-out attitude bears little commitment and anybody with this outlook most probably will not go far in any business venture.

Life insurance business in particular requires long-term commitment because one of the reasons why your customers buy the life policies from you is because of their belief that you would stay long enough in the business to service them.

Just look for a job
If you are looking for a job that gives you an income just good enough to settle your household bills and meet all your basic needs, then insurance selling can be a very tough job for you. You may find that it is not worthwhile your efforts to earn that kind of money.

There are times you may find yourself working twice as hard but making the same amount of income like what you made in your previous job. We always pay a huge price for having a self-limiting belief.

Get bored with existing job
Insurance is not a place for you to escape from your job problems. Many who are frustrated with their existing jobs may not be very happy with insurance selling too.

If you are in insurance selling, you are always in emotional roller coaster. You can get upset, frustrated, disappointed but there are also moments of joy and excitements to balance out. The question is whether you are ready for such roller coaster ride.

Looking for more free time
Insurance business allows you to be your own boss, at the same time this can also work against you because you can decide not to work.

Having more free time to yourself should not be the immediate objective you have in mind when becoming an insurance agent. You can only be rewarded with more leisure time after years of hard work and after you have built up substantial amount of passive income such as renewal income.

Learn more about insurance
When you venture into insurance business, there are plenty of learning opportunities but learning is only a means to bring you to where you want to go. If you want to know more about insurance business and the reason for you to be an insurance agent is to learn, then you will not go far.

Once you believe you learn enough, you would have already achieved what you want and there is no more reason for you to stay in this business. Insurance business is meant for people with big dreams and huge ambitions. They see opportunities in insurance business and believe insurance will take them to their dreams and goals in life.

They arm their belief with entrepreneur spirit and they want to own a business that they can proudly claim is theirs where they can put their signature on it. They are emotionally attached to their success and are willing to sacrifice for success.

If you are thinking of becoming an insurance agent, one of the questions you would like to ask yourself is why you want to join insurance business. The answers to this question would provide an insight if you are ready for this business.