Most people think of insurance agents as individuals who MUST travel from one place to another in order to sell insurance policies. But that was before the advent of the Internet. Nowadays, you can work from home in the insurance industry and earn a considerable amount of money from it as well.
Key Areas for Work from Home Opportunities in the Insurance Industry
There are primarily three types of insurance that you can sell from home:
Life, Health, or Medical Insurance - You're basically selling insurance for future payments for health and medical costs.
Car Insurance - As the name already suggests, you're selling insurance for automobiles. Car insurance provides car owners protection in cases of natural and man-made disasters.
Travel Insurance - You are selling temporary life, health, and medical insurance as well as protection from all sorts of accidents for people who are traveling abroad.
There are other types of insurance that you can naturally sell as you work from home in the insurance industry, but if you're looking for a niche market and something relatively easy to break into, it's best that you focus on any of three specified areas.
Are You Suitable and Qualified to Work from Home in the Insurance Business?
It's easy to say that you want to work from home in the insurance business and start dreaming about big bucks, but in reality, there are some requirements that you must satisfy first before you can proceed to fantasizing about your future income.
KNOWLEDGE - You don't have to be a doctor to sell life insurance, but it's infinitely preferable that you know a lot about cars if you want to sell car insurance and ditto for travel insurance. You'll be better able to assuage any concerns of your clients if you understand what they're talking about.
If it's car insurance, for instance, you need to be able to explain why you can't provide basic insurance for a sport car and persuade your client as well to upgrade to the appropriate policy. If it's travel insurance you're selling, you need to explain why you're charging a lot if he wants to fly to Afghanistan.
COMMUNICATION SKILLS - Work from home opportunities in the insurance business are great essentially because they require little, if any, financial investment from your part. If there's something you have to invest then it's just your voice and how well you communicate your client. If you don't a talent for speaking - indeed, if you don't love talking to other people - then selling insurance policies isn't the right job for you.
Advantages of Working from Home in the Insurance Industry
High Commission Fees - Although the commission fee you can expect from selling insurance contracts is in no way near to the biggest bonuses in the real estate business, they still promise more money than you would expect from working in an office day job.
No Boss, No Time Requirements - If you decide to work from home in the insurance industry, rejoice because you can finally say goodbye to the life of an employee. From now on, you are your own boss and you can work only when and what time you want to. And you don't even have to quit your day job if you don't want to!
Social Benefits - Working in the insurance business, whether it's from home or in an office, always allow you to meet different types of people and have new friends at the same time. The various personalities you'll come across will easily keep your job interesting day in and day out.
How to Prosper from Work from Home Opportunities in the Insurance Industry
Having a large network of contacts may not be necessary, but it's definitely an advantage and gives you an edge over other insurance agents. A person with two friends can give at least two referrals while a person with four friends can easily give twice as much.
Having a pleasing countenance doesn't hurt either because most people feel more comfortable talking to an attractive looking person. If you've got great looks, this is definitely one job where they'll be to your advantage.
And lastly, if you really want to work from home in the insurance industry and prosper from it, you need to dedicate lots and lots of time to it. Insurance deals will usually require two to three meetings before they can be successfully closed so that means meeting with each and every client at least twice.
Work hard, and you're sure to succeed in this endeavor!
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