Life Insurance Archives • InsNerds.com

Hey #Insurance – Ep 119 – Selling life insurance is one of the hardest jobs in insurance

]

I’ve been getting a lot of calls at ChatWithTony.com asking about entry level jobs selling life insurance with promises of a TON of money. Generally they’re concerned it’s a scam or a pyramid scheme. It’s not. But it is a TOUGH job.

4 Factors You Didn’t Know Companies Use to Calculate Life Insurance Rates

by Brian Greenberg

Buying life insurance used to be a long and tedious process for decades. Picture a huge, complicated paper application that required medical exams and multiple records requests. Now, thanks to the wonders of the Internet, insurance companies can access your entire life’s story in just a few moments. This is great for ease and convenience, … Read more

Definitioner

Life Insurance: A promise that if someone dies their family (usually) will get paid a lot of money to help them out.
Credit: A credit means you have to pay less money for your insurance because your stuff is in very good shape.
Application: A form you fill out with certain information when you want to buy insurance.
Agent: The person who sells you the promise to pay for things you break or lose.
License (Insurance License): A paper that allows a person to sell insurance.
Insured: The person who gets paid when something breaks or is lost.
Risk: Chance of something changing either for better or worse.
Insurance: Paying a company a little money for the promise they will pay a lot of money for things we break or lose without meaning to.