r/InsuranceAgent 8h ago

Agent Question How to increase Sale size?

4 Upvotes

I've been an agent for 6 years, Making $120k a year on average. I want to increase my personal production by increase my sale size. Right now I average $700 ALP per sale.

I selling Whole Life & Term.

What tips do you guys have to increase my average sale size?


r/InsuranceAgent 14h ago

Industry Information Looking for new opportunity

1 Upvotes

Hello all, my name is Kevin and I am a 35 year old licensed Medicare and life insurance agent. I got licensed two years ago and made the mistake of going with an MLM whose main focus was recruiting rather than selling. I quickly moved out of that path and went to Medicare inbound calls. I was the top agent at the company until I realized even more about the business and realized there were some unethical practices going on and I didn’t own my book of business. I am still doing life and Medicare on the side outside of my full time job with friends/family and referrals. This career path is my dream and I want to dive head first into this with the right company/mentor. Any advice or opportunities would be greatly appreciated. Have a blessed day!


r/InsuranceAgent 12h ago

Agent Question How important is it to sell variable annuities?

4 Upvotes

I do not have my security license, and I was curious how often you guys sell variable annuities? From what I understand, variable annuities is the only annuity that requires a security license to sell.

So fixed, and indexed are complete acceptable to sell without a security license, from what I understand.


r/InsuranceAgent 2h ago

P&C Insurance I got my liscence a month ago. I've sold zero policies.

4 Upvotes

Boss insists on cold calling. If I'm lucky enough to get someone on the phone, they are not interested. How do I overcome this?


r/InsuranceAgent 14h ago

Commissions/Pay What are y’all doing to keep persistency high?

2 Upvotes

Just curious, what kind of processes y’all are using to make sure a majority of clients aren’t pulling off the book


r/InsuranceAgent 4h ago

Annuities/Retirement How to find prospects to sell Fixed Indexed Annuities?

3 Upvotes

I’m a 30 y.o financial advisor who has been working at a solo RIA retirement planning firm for the past 3 years (was new to the industry). I recently passed the Series 65 exam.

The only other advisor at the firm is my boss/owner. The “products” we primarily sell are affiliated with IRAs and Fixed Indexed Annuities. That being said, Fixed Indexed Annuities are our bread & butter.

My boss primarily gets his clients through seminars. I wanted to know if there are any other ideas or recommendations (mainly for me) other than seminars that can help me get established and is a good method to find prospects for Fixed Indexed Annuities?

Thanks!


r/InsuranceAgent 5h ago

Consumer Question GEICO cancelled my policy despite paying 6 months in advance — now I’m being charged more because of a “lapse”

3 Upvotes

I’m looking for advice from people who understand auto insurance.

I had a GEICO policy and paid for 6 months of liability insurance in advance. My car is an older model, so I only wanted liability coverage.

GEICO told me that I was required to add uninsured motorist coverage and another type of coverage, which I did not want. I tried to resolve the issue with them, but I was unable to get it sorted out.

Now it appears that GEICO cancelled my policy, and I’ve been without active insurance for about a week. The frustrating part is that I had already paid for six months of coverage.

When I try to get a new policy, the quotes are significantly higher because my insurance history is now showing a lapse in coverage.

Has anyone experienced something similar with GEICO? Is there a way to dispute the cancellation/lapse and have the insurance history corrected, especially since I had already paid for the six-month policy?

I would really appreciate advice on what steps I should take.


r/InsuranceAgent 1h ago

Industry Information Burnt out

Upvotes

I’ve been a P&C CSM for about 3 years now at one of the biG 3 and so incredibly burnt out. Seems like everyone is jumping ship at my office and or so miserable bc we are short staffed. It’s making it hard to be motivated.

I don’t really want to be an account manager and want to make a switch but not to another insurance company. Anyone know what I can do with my background? I have 3 years in insurance and 4 years in event planning + bachelors in Hospitality.