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Best Side Hustle idea in 2023 : Become an Insurance Agent

Friendly Agent

Ultimate guide Selling Life insurance part time or as a Side Hustle Life insurance pays probably the highest commission up front but there is almost no recurring revenue. In most cases your commission may be in the range of 80-120% of the total first year premium. How do I start a side hustle in Insurance Agency space?

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How to become an insurance agent? Ultimate guide

Friendly Agent

Agents who sell insurance policies of the commercial type provide coverage to business owners with their property insurance, general liability insurance, and other kinds of coverage. As with every business owner or health worker, a license is required. Most folks choose to take their insurance pre-license course online.

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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. Buyers are more likely to pay a premium for an agency that has multiple revenue streams. This includes any contracts with agents, partners, or referral sources, as well as insurance carrier agreements.

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Top Tips for Choosing the Best Broker for Medical Insurance

Smart Insurance Agents

One of the key responsibilities of a health insurance broker is to help clients understand their unique health insurance needs. Brokers review various options and analyze offerings from different insurance carriers to tailor their recommendations and ensure comprehensive coverage.

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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. Choice Mutual’s brokerage services, just like the app, are free.

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Benefits of an Independent Insurance Agent for Your Personal Insurance Needs

TGS

Insurance agencies can be sorted into two categories: captive and independent. A captive agency is tied to one insurance carrier, which means these agents are biased to make money for their specific carrier. On the flip side, an independent agency works fluidly with several insurance carriers.

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Remaining Proactive Instead of Reactive In This Hard Market

Tosten Marketing

It allows you to inform them about what is happening in real time in your state insurance market. Simply communicating to your customers that rates are up, underwriting is tightening, or an insurance carrier is pulling out of a state is a great way to be proactive. There is nothing wrong with that.

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