Insurance Agent

It is possible to claim, if the beneficiary has court declaration that says that the insured person is missing or legally dead (disappeared for more than 7 years).

In home insurance coverage, ‘All perils’ protects you from the widest range of risks besides common risks while ‘Specified perils’ will give coverage only for the common risks, that is listed in your policy.

I believe I can, as a cashier sometimes I was incharge of the store phone and as I would cashier customers I would answer and assist the customer present.

I was cashiering during the holiday season and my line was getting really long, no matter how much I would ask for back up no one was arriving. I was cashiering as fast as I could, as one customer was growing really frustrated and ask to speak to my manager, and supervisor, all I could tell her was that the assistant manager can give her that information.

Participating policy is a policy, where the profit or benefits of the insurance company is shared with the insured in theform of a dividend or reversionary bonuses. While, the non-participating policy, does not share their profit with insured.

One has to be people oriented if one wants to work as an insurance sales agent. Other skills that one requires to work at this position include the ability to analyze situations and provide solutions accordingly. Since most of the time, an insurance sales agent is working with clients directly, communication and interpersonal skills are an absolute necessity.

☛ Tell me about a time you had to deal with an aggressive client. How did you handle it?

☛ Describe a time you persuaded someone to buy insurance after having refused at first

☛ Tell me about a time you had to close deals to meet quota in a short period of time. How did you manage?

☛ What’s the most successful sale you’ve ever made?

☛ Describe a time you helped a client with a problem regarding their policy

Reps generally only care about one number: their quota. Keeping on top of pipeline and win rate is also important ... as these metrics pertain to their quota. It's all quota, all the time.

But when a rep is promoted to management, they must produce forecasts and reports that analyze a variety of metrics across the entire team. While a sales manager doesn't need to be a data analysis pro, they do need to have some familiarity with and inclination for crunching numbers and spotting trends. Beware of candidates that express active revulsion for data analysis.

Easily the most rewarding has been paying benefits to my clients/ delivering the promise. I have paid disability benefits to a family. I have paid life insurance proceeds to 3 families. They used this money to survive and one used it to help fund a nonprofit. I have paid a long term care claim where my client never wrote a check for the 20 thousand plus they could have been on the hook for. I talked a guy with 150k given to me not to sell in March 09, so his money is back to where it was, effectively saving him a year of his take home income.

A large part of a sales manager's job is keeping the team fully staffed with high performers. This question gives the interviewer a peek into the candidate's stance on hiring. The skills and qualifications they deem to be important are those they'll look for when interviewing for open positions. Do the attributes they value line up with the company's standards? If so, it's a good sign. If not, this could be a red flag.

I would like people to know what I do is exactly the opposite of the movie “Boiler Room” I am committed to help people achieve their goals. So when someone calls from Northwestern Mutual, they are working, but they care.

1) If your injuries are a result of sickness or disease

2) If your injuries are self-inflicted or attempt to suicide

3) Stress fractures, sprains and strains

4) Injury occurred while committing crime

5) Deliberately cause an car accident

My goal is to demonstrate value. Obviously, client facing is a good way to do this. Something as simple as personally delivering a policy package can go a long way. It builds reputation and increases the chance of someone referring a friend. Also, creating content and generating a social media presence is important. Writing and sharing informative articles and blog posts can establish an insurance agent as an expert. Additionally, I would pick a coverage line to focus on and offer to speak about it at various offices and events. I think getting my face out there to as many people as possible is critical.

The loss payee is a person or institution (Bank) that receives the insurance payment on the loss of the property or vehicle you own. It is a legal definition used to cover the investment of other parties or bank that is owned by you. For example, you have a car on loan, and also you have insurance for that car. Now you met an accident, and your car is a total loss(meaning completely damaged beyond repair). Your bank still owes money from you in such case when you claim the insurance; the insurance company will pay money directly to Bank or person you owes money. Here bank is a loss payee.

I would like to one day own my personal business, such as a bakery or an art gallery. Maybe become an Interior designer.

‘Cash Value’ is the cash amount offered to the policy holder while cancelling the policy, where a portion of the premium paid goes into saving plan. It is also referred as surrender value. This term is normally used for life Insurance contract.