AARP discounted auto insurance is now being allowed through select independent insurance agencies. The auto insurance provider for AARP provider has been The Hartford Financial Services for a number of years but in the past has only been offered online, via telephone or through the mail.
Independent insurance agencies are clamoring to become a represented agency for this product due to the low rates offered and access to thousands of retired persons.
For more information contact AARP.org.
ITA launched a new look to it’s website today with an easier to read and navigate home page as well as new state pages.
We’ve added new FAQ’s as well as the licensing and continuing education requirements in every state.
ITA is an online education provider with a national presence and offers insurance and securities license training, insurance continuing education, as well as aptitude testing, career counseling, and placement assistance.
Many Producers are complaining that they are seeing downward pressure on commissions paid by the insurance companies. This is particularly true in health insurance because of mandated administrative fees (15% or 20% of total premium) as established by the Affordable Care Act.
So what is a Producer supposed to do in order to make some money in this business? We recommend that you add a Brokers License (a Consultant license in states where brokers are not recognized) to your existing insurance license. This license will allow you to add an agency fee on top of the premium you charge your customer.
Be sure and check with your state insurance department for specific regulations regarding Brokers and Consultants. You will also want to check your insurance company appointment agreement to see if they allow fee based service charges above commissions.
This month more than 40,000 veterans will be spending the holidays at home. We, at ITA, want to thank them for their service to America and wish all of them a wonderful and happy holiday season. In January, many of our veterans will hit the streets looking for a new career. Do not forget to check out a career in insurance.
Hi Doug!
What a GREAT app!!! I’ll definitely pass it on to those I know in the industry!
Thanks for getting the word out!
Gwen
Hi Doug, this sounds like a fabulous program. I have my insurance license, and I went through Pathfinders for training–it was a little pricey. I forwarded your information to our Agency Development Consultant that works with our new agent interns during the licensing phase. This program may be one State Farm would like to share with our interns.
Denise Dowell
Agency Field Recruiter
State Farm
765-464-7152 (office)
http://www.denise.sfagentcareers.com
Flash Cards; A new study and review tool for those preparing to take the insurance license exam is now available on our website or as a mobile app on the Android Market.
Over 300 terms and concepts are in each of the Life and Health and Property and Casualty editions which includes audio. Purchase on the web at www.itaamerica.com or search on Android Market for “Pass the Insurance Exam”.
Now’s the time to consider an insurance career!
Whether you choose to sell life insurance and financial services products such as mutual funds, health and disability income insurance, or become multi-lines licensed in property and casualty selling auto, home, and commercial insurance, many career opportunities await your consideration. ITA can also help you meet company recruiters.
Unlimited earning potential!
In addition to unlimited income opportunity, insurance careers offer freedom and independence in your own business. You’ll be your own “boss” and set your schedule yourself instead of punching a time clock.
Building your clientele!
As an insurance sales producer you’ll meet with clients, analyze their needs, make recommendations, complete the applications and submit to the company,
deliver the policies, obtain referrals, and service your clients by conducting annual reviews to meeting their changing needs.
What it takes to be successful!
Most successful insurance producers tend to be self- motivated, set high goals, know people in their community, have “people skills” that allow working with many types of clients, are computer-savvy and professional.
Steps to getting licensed!
Most states require completion of pre-license training, 20 hours of study in each line of insurance you’ll be licensed in before you can sit for the state examination.
Go to www.itaamerica.com and click on your state to learn more about pre-license training.
Find out if an insurance career is right for you!
Changing careers is a big step. Take a career aptitude profile and learn if you have what it takes. Click on the following link for a $10 discount; https://www.selfmgmt.com/purchase/?cid=63&pid=76
ITA partners with SIRCON to bring you Sircon ProducerEdge!
With this tool you can load all active insurance licenses, renew and apply for licenses in all states, and track and manage CE requirements all in one place. Click on the Sircon ProducerEdge button on our home page to get started. It’s Free!
5 Things you should do when considering a career in insurance.
#5 Do the research. Find out what insurance opportunity interests you the most. Life sales only, multiple-lines, health insurance, and so on.
#4 Take an insurance profile. See if you have what it takes to succeed in insurance. There are many opportunities in the insurance industry, find the one that fits your personality/lifestyle.
#3 Get Licensed BEFORE you start interviewing. Recruiters recognize that almost 40% of all candidates never get licensed, so they are not inclined to spend as much time on someone. If you are already licensed and ready to move forward, recruiters will listen. If you are licensed, you are golden.
#2 Interview with 5 or more insurance company recruiters. Be prepared to ask them about training (sales and products), compensation, support, success rate of other agents and how to build a network. Contact a few agents that are working at the company and ask them if they think that they made the right choice. Take notes during the interview and compare.
#1 Choose a company. Find the company that provides the best fit. Go to work!!
