Category Archives: Finance Guide

Why Insurance Agents Fail 85% of new agents go bankrupt within the first 18 months. Usually, there is a pattern of failure. Agents enter insurance with high expectations for a good income. Agents spend 80% of their time prospecting for the right prospects. Agents are not given the right tools or methods. Presentations are a neglected area of the business. The […]

My records show that 70% of all insurance brokerage and recruitment firms fail within three years. Many of these failures are due to inability or unwillingness to implement strategies for insurance brokers. This is a review on a national mortgage protection marketing company that is very successful. You may find some inspiration or useful tips in the information […]

The best way to learn in most industries is to follow the example of someone who can outline a plan that you can follow. Insurance is a industry that does not suffer from the high mortality rates of its employees. You might notice a sign that says “Answers Free” in a hardware shop. Unfortunately, there are no […]

Individual life insurance premiums cannot be deducted from your tax. Deductible payments that are made to protect someone else, such as companies using an advantage. Premiums are paid monthly or annually to keep your life insurance policy in force. You might want to take advantage of tax breaks if your payments are increasing. Your life insurance premiums cannot be […]

Mutual fund investments are the smartest, most simple and efficient way to create wealth. You should invest early and regularly, with the discipline of a soldier. A small SIP investment of Rs 500 could make a huge difference in your long-term corpus. Mutual funds have more benefits than cons. Successful Investment requires dedication and time to learn the market […]

It is becoming increasingly difficult to purchase a house due to the rising real estate market. Fixed maturity plans allow you to buy the safe haven you desire. Continue reading to learn more. Fixed maturity plans cannot be subscribed continuously because they are closed-ended debt funds. Investments are made in various debt instruments such as certificate of deposits, […]

You need to hire a stockbroker to help you buy shares. This is because you cannot as a rule call up an enterprise and ask for their inventory to be purchased on your behalf. There are two main types of brokers available to novice buyers: a full-service broker or a reduction/web-based broker. Full-carrier Brokers Full-provider brokers […]

“I am financially independent. Are my parents able to afford insurance? This question could be asked by a customer to his agent. Insurance is necessary for many reasons. Parents should get insurance to make sure their children have three meals a day, even if the breadwinners have passed away. Parents may still require insurance for their children, even […]

Insurance can be a difficult field. Insurance is often misunderstood because it is intangible. This misunderstanding often leads to misconceptions about business and insurance products. These are five common myths that can have a negative effect on your insurance business. These misconceptions can also impact the way that you provide advice to customers. (a) Can there be a […]

There are three types of advisors. Consider the insurance agents who can endure a 20-year career. These agents will earn a combined income of between a million and one million dollars. This group of insurance agents is composed of fewer than three out 100 people who have entered the insurance business. Move up a level. In a similar time period, […]