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Insurance agent,Financial planner good?

krafty

Alfrescian (Inf)
Asset
I am thinking of going into Financial planning and insurance,is it good as in careEr wise? Roughly can make how much a month? Pls advise,thks.
 

cooleo

Alfrescian
Loyal
I am thinking of going into Financial planning and insurance,is it good as in careEr wise? Roughly can make how much a month? Pls advise,thks.

U better be prepared to have savings of at least 6 months to tahan. Unless u sell to friends or relatives, it is unlikely for u to see commission for first few months.
 

Sperminator

Alfrescian
Loyal
U better be prepared to have savings of at least 6 months to tahan. Unless u sell to friends or relatives, it is unlikely for u to see commission for first few months.

good advice.

both career are good.

join a good boss, and find out which boss have the best records in MDRT agents productions, and also COURT OF THE TABLE, or TOP OF THE TABLE awards.

Go for a agency that have a proven record, and years of proven AGENT/FP training.

DO NOT JUMP INTO this career... if not sure, find out more, and talk to different recruiters.

be ready for no pay for at least 6 months, and learn how to do cold call, or sell to relative... and friends...

don't have big expectations of becoming a millionaire in 1 year... usually it may take at least 5 years to 10 years if you meet a really good trainer/agency....

be prepared to read, study, learn, from the best.

get the MAS Certificate of Insurance..., many things for you to study.

It'll be advantageous if you can get yourself to become a Certified Financial Planner, which consist of 5 major module if not mistaken.... (may take 2 years to complete, it's like a diploma equivalent... )

CFP may have a same equivalent to CFA, CPA...

and after all these, may GOD BLESS YOU, it's a tough job, why don't I sell you insurance instead? :biggrin:
 

AvalanCh3

Alfrescian
Loyal
1. my advice is don trust those who work for lesser than 3 years because once they quit your wadever plans that is with them would be dump anyhow.

2. don't listen to their crap, u find them only when you have excess money to invest. they provide sucky after sales service, and in their talk. they would say until u have a lot of money to save when in actual fact the more money u put with them the more risk u have because everyone would always need to keep some amount of money for rainy days. once your money is in the plan its lockup.
 
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