Question
These Agents Have You Covered!
GMEOC-E11 Smart
WASHINGTON, D.C. (Achieve3000, November 17, 2011). Are you thinking of buying a car? Getting an automobile can be exciting. But you'll need to make sure your car is protected in case something happens to it. That's where an insurance sales agent can help. Insurance sales agents help people, families, and businesses in selecting insurance policies. These policies provide the best protection for people's lives, health, and property. If you are interested in a fast-growing career in sales, this might be the job for you.
Here are some often-asked questions about this job:
Question: What exactly does an insurance sales agent do?
Answer: Insurance sales agents sell one or more types of insurance. For example, they might sell property or casualty insurance. They might sell life insurance or health insurance. Property and casualty insurance agents sell policies that protect people and businesses from loss. This loss might result from accidents, fire, or burglary. For businesses, property and casualty insurance can also cover pay for workers who suffer an injury. Life insurance agents sell policies that pay people when a policy holder dies. Health insurance agents sell health insurance policies. These policies cover the costs of health care. These policies also cover loss of pay due to illness or injury.
Insurance sales agents prepare reports and keep records. They also seek out new customers. Agents match insurance policies with the best prices and coverage plans. They look for the best policy to meet their customers' needs. After a loss, agents help their customers settle insurance claims. They also help the policy holders receive money.
Q: What skills should an insurance sales agent possess?
A: Insurance sales agents should be eager and confident. They must have excellent problem-solving skills. Agents help people with a range of needs. Therefore, they must be able to explain things well. Agents often set their own hours. They must be good at managing their time. They must also have the drive to attract new business.
Click here to learn more about different types of diplomas and degrees.
Q: What education or licensing is needed?
A: Many insurance companies want college graduates. Companies especially want graduates who have studied business or finance. Many colleges offer courses in insurance. A few schools offer a bachelor's degree in the field. People interested in becoming agents should take courses in finance, mathematics, and accounting. They should also study business law.
All insurance sales agents must obtain a license. The license should come from the state in which they intend to work. Different states have different licensing rules. However, they usually include classes having to do with insurance. Agents often have to pass several exams. Most states want agents to continue taking classes. These classes teach insurance laws and the details of insurance policies.
Q: What is the usual work environment for an insurance sales agent?
A: Most insurance sales agents work in offices. Some agents, however, spend much of their time traveling. These agents travel to meet with customers to make sales. They also check into claims. Most agents work a 40-hour week. Some work much longer. They often work evenings and weekends. This is for the convenience of customers.
Q: How much do insurance sales agents earn?
A: The average yearly salary of insurance sales agents is $45,430. The middle 50 percent earns between $33,070 and $68,730. The lowest 10 percent earns $26,120 or less. The highest 10 percent earns more than $113,930.
Q: Will there be many job opportunities for insurance sales agents in the future?
A: Job opportunities for insurance sales agents are expected to increase. Sales of health insurance are expected to rise sharply. In addition, demand for insurance for automobiles, homes, and other valuables will increase. This is a result of the growing population.
Question 2
2 / 10
Based on the article, the reader can predict that __________.
It will become very difficult to get an insurance license.
More colleges will offer degrees in insurance.
Fewer insurance sales agents will work in offices.
It will cost more money to get an insurance license.
GMEOC-E11 Smart
WASHINGTON, D.C. (Achieve3000, November 17, 2011). Are you thinking of buying a car? Getting an automobile can be exciting. But you'll need to make sure your car is protected in case something happens to it. That's where an insurance sales agent can help. Insurance sales agents help people, families, and businesses in selecting insurance policies. These policies provide the best protection for people's lives, health, and property. If you are interested in a fast-growing career in sales, this might be the job for you.
Here are some often-asked questions about this job:
Question: What exactly does an insurance sales agent do?
Answer: Insurance sales agents sell one or more types of insurance. For example, they might sell property or casualty insurance. They might sell life insurance or health insurance. Property and casualty insurance agents sell policies that protect people and businesses from loss. This loss might result from accidents, fire, or burglary. For businesses, property and casualty insurance can also cover pay for workers who suffer an injury. Life insurance agents sell policies that pay people when a policy holder dies. Health insurance agents sell health insurance policies. These policies cover the costs of health care. These policies also cover loss of pay due to illness or injury.
Insurance sales agents prepare reports and keep records. They also seek out new customers. Agents match insurance policies with the best prices and coverage plans. They look for the best policy to meet their customers' needs. After a loss, agents help their customers settle insurance claims. They also help the policy holders receive money.
Q: What skills should an insurance sales agent possess?
A: Insurance sales agents should be eager and confident. They must have excellent problem-solving skills. Agents help people with a range of needs. Therefore, they must be able to explain things well. Agents often set their own hours. They must be good at managing their time. They must also have the drive to attract new business.
Click here to learn more about different types of diplomas and degrees.
Q: What education or licensing is needed?
A: Many insurance companies want college graduates. Companies especially want graduates who have studied business or finance. Many colleges offer courses in insurance. A few schools offer a bachelor's degree in the field. People interested in becoming agents should take courses in finance, mathematics, and accounting. They should also study business law.
All insurance sales agents must obtain a license. The license should come from the state in which they intend to work. Different states have different licensing rules. However, they usually include classes having to do with insurance. Agents often have to pass several exams. Most states want agents to continue taking classes. These classes teach insurance laws and the details of insurance policies.
Q: What is the usual work environment for an insurance sales agent?
A: Most insurance sales agents work in offices. Some agents, however, spend much of their time traveling. These agents travel to meet with customers to make sales. They also check into claims. Most agents work a 40-hour week. Some work much longer. They often work evenings and weekends. This is for the convenience of customers.
Q: How much do insurance sales agents earn?
A: The average yearly salary of insurance sales agents is $45,430. The middle 50 percent earns between $33,070 and $68,730. The lowest 10 percent earns $26,120 or less. The highest 10 percent earns more than $113,930.
Q: Will there be many job opportunities for insurance sales agents in the future?
A: Job opportunities for insurance sales agents are expected to increase. Sales of health insurance are expected to rise sharply. In addition, demand for insurance for automobiles, homes, and other valuables will increase. This is a result of the growing population.
Question 2
2 / 10
Based on the article, the reader can predict that __________.
It will become very difficult to get an insurance license.
More colleges will offer degrees in insurance.
Fewer insurance sales agents will work in offices.
It will cost more money to get an insurance license.
Answers
GPT-4o mini
Based on the article, the reader can predict that **more colleges will offer degrees in insurance**. This prediction is supported by the information that many insurance companies prefer to hire college graduates, especially those who have studied business or finance, and that a few schools already offer a bachelor's degree in the field. As demand for insurance agents increases, it's likely that more educational institutions will expand their programs to prepare students for this career.