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How to Find the Best IMO for Your Insurance Agency

Redbird Agents

Navigating the insurance landscape can be challenging for insurance agency owners. From understanding various acronyms and abbreviations like IMO, FMO, and MGA, to managing relationships with insurance carriers, there is a lot to consider. Frequently Asked Questions What is an IMO in insurance? Yes, I need an IMO!

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Best Side Hustle idea in 2023 : Become an Insurance Agent

Friendly Agent

Also by working as a side hustle you can start gaining experience in the insurance industry and figure out if it is right for you or not. How to become an insurance agent? Hence for example, if you sold a million-dollar life insurance policy that has a premium of $1500 per year then you may make around $1500 as commission.

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A Review of Choice Mutual’s Final Expense Insurance App  

Redbird Agents

Because Choice Mutual is an independent agency that partners with over 20 different insurance companies, when using the app, you can rest assured that you’ll be placed with whichever insurance carrier is best for you.

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Guide to Preparing Your Medicare Book of Business for Sale

Redbird Agents

Cross-Selling Opportunities: Offer related products such as life insurance, annuities , or final expense insurance. This includes any contracts with agents, partners, or referral sources, as well as insurance carrier agreements. This protects your ownership stake and makes the sale process smoother.

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Gamification in Insurance: Everything You Should Know

Leadsurance

Regardless of how the word makes you feel it is worth learning about considering that many of the big insurance carriers like Progressive are using gamification in their business. What is gamification and how does it relate to the insurance industry? What is gamification in insurance?

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How to become an insurance agent? Ultimate guide

Friendly Agent

Then, you will have to submit your licensing application and go through a background check before you qualify as a licensed insurance agent. Is selling life insurance a good job at 20 years old? At 20 years old, you may be a target market of insurance companies. How to get appointed by an Insurance Carrier?

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How to Not Suck at Being an Insurance Agent

Redbird Agents

It’s a common misconception that becoming an insurance agent is an easy path to success. Statistics from the insurance industry reveal a different story. Roughly 10 percent of independent insurance agents generate the vast majority of insurance sales, leaving many to question the viability of this career path.