The Commerce Journal,Business and Local Businesses
*The Commerce Journal>>>Insurance

Do you have to have good credit to become a insurance agent ?


im doing health/auto ?I heard that once you become a license insurance agent having good credit is a plus ?is it true also mines is bad I need to know this really soon planning on starting classes in January of 08

Well, it's really hard to get a company appointment if you don't have good credit.

But it doesn't affect you being able to get a license AT ALL. If you're going to work under another agent, and use their companies for a commission split, it won't matter. Actually, if you do well, that can help you get your credit back on track, so in five years or so you'll be ABLE to get that appointment.

You can get your license, but insurance companies may decide not to give you an appointment to their company if your credit is challenged.

Honestly though, if you have just had one problem - like a bankruptcy a couple of years ago or something like that - you can usually write a letter to explain it, and most insurance companies will appoint you.

What they really don't like is if you lie about it.

Tags
  Renting & Real Estate   Personal Finance   Investing   Insurance   Credit   Corporations   Other - Careers & Employment
Related information
  • How do I insure my home recording studio?

    Greetings, I was able to get State Farm to insure my studio. They had a difficult time understanding the whole thing at first and sent underwriters out twice to check the place out. At fi...

  • Can a anesthesiologist charge twice than the agreed upon price without my consent?

    Anesthesiologist bills are determined by the length of time that you're under. The units are billed in 15 minute increments. So, if they gave you an estimate based on the expectation that yo...

  • How fast is a Life Insurance benefit paid?

    Well, the INSURANCE company doesn't say he took his own life - they don't get to make that call. They have to go by whatever the coroner says on the death certificate. Period. IF t...

  • I will be 65 next year and researching medicare I find it totally confusing.?

    The easiest way is to visit a local independent agent that specializes in Medicare policies. An independent agent works with many of the plans and will know the policy that's best for you. The...

  • Mt hous burned down. How much money will insurance give me for the things lost?

    I'm sorry your family has suffered such a loss. Fires are really devastating. The policy isn't going to pay *you* anything. They will pay your parents, as your parents are the ones ...

  • On second life it says pay?

    It's real money but you pay in Linden dollars usually. You can buy Mainland- direct from lindens you can buy private land- you pay with lindens to an estate owner. But either way you also...

  • What kind of workers comp settlement can one expect for loss of toes.?

    What you'll be receiving is called a PPD or a PPI reward which stands for Permanent Partial Disability or a Permanent Partial Impairment. Each toe is rated a certain amount of degree's a...

  • I'm studying to become an insurance agent. My study book says the following: ....?

    Both. If they don't care for their bottom line this year, they won't be around to care for the insured next year. You can't seperate the two. Companies that don't wor...

  •  

    Commerce Categories--Copyright/IP Policy--Contact Webmaster