Similar to "the bar" or "CPA", the insurance industry requires all its agents to pass an exam. The test varies by the state in which you reside. In some cases, you can break it up into sections and only take the area you sell, such as life, or health.
My situation is a bit unfortunate, because DC law states that I must pass both life and health in order to sell just health insurance. This now means I must study for something that I won't be dealing with, but I have no choice. The passing grade in Maryland is a 70 whereas in DC its 75, unless it recently changed. The best advice that I have received has been to take a bunch of practice tests until you do well (85-90%), then schedule an appointment for the real deal. I plan to take it this Friday.
Monday, February 25, 2008
Sunday, February 17, 2008
It's Unclear
This semester, I chose to intern at Aflac (American Family Life Assurance Company). They are a Fortune 500 company with assets exceeding $56 billion insuring more than 40 million people worldwide. They are also named by Fortune magazine to its list of the 100 Best Companies to Work For in America for the eighth consecutive year in January 2006.
Surprisingly enough, with statistics like these and a solid reputation, not a lot of people actually know what we do. They either think we sell insurance just like they are used to or they plain just don't know. The thing that makes Aflac unique is that they give money directly to the insured as opposed to hospitals and such. They help pay for things such as car payments, groceries, mortgages, or any other normal monthly bills. They are free for companies to offer and policies are mobile (stay with the insured even if they leave the company). I have much to learn in the weeks and months ahead and am eager to do so.
Surprisingly enough, with statistics like these and a solid reputation, not a lot of people actually know what we do. They either think we sell insurance just like they are used to or they plain just don't know. The thing that makes Aflac unique is that they give money directly to the insured as opposed to hospitals and such. They help pay for things such as car payments, groceries, mortgages, or any other normal monthly bills. They are free for companies to offer and policies are mobile (stay with the insured even if they leave the company). I have much to learn in the weeks and months ahead and am eager to do so.
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