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Ricardo Said:

I have life and health and P & C insurance license. What are my options for doing business?

We Answered:

Your best bet, if you want training, is to work with another local agency. You'd get a 50% commission split (they keep half the commissions) but they'll have people show you how the business works. You'd get to use their contracts, while you figure out if you can stick in the business.

95% of new agents wash out. It's really hard.

Commissions depend on the line of business. Contracts are usually "until terminated".

You're going to have to market YOURSELF, and then try to sell a product you have available, to the customer.

Todd Said:

Is keeping money in American General Life Insurance bank account safe?

We Answered:

I just did a quick search, there is NO bank, in the USA, called "American General Life Insurance".

Any bank that is FDIC insured, is safe. Clearly, this isn't a bank account, OR, if it is, it's not with AGLI, but an affiliate. Sounds like a money market, actually, which is NOT FDIC insured, guaranteed, or backed in any way.

As with everything in the investment world, the greater the interest rate, the greater the RISK involved.

Beatrice Said:

My best friend lives in Washington State and had a car accident...?

We Answered:

Definitely call the Attorney General. She should get all her records in tact (receipts showing her premium has been paid), and her proof of insurance, and if she has a statement of what her insurance covers (it usually comes every six months when the premium renews) so she can show them. She needs to keep on the insurance company and I would even call the insurance commissioner for washington.

Diane Said:

to bangaloreans, do you know which is best part time job in bangalore in financial services?

We Answered:

say are you first from Bangalore

Vincent Said:

Question on selling insurance?

We Answered:

It's hard work and cold calling. If you can sell, you can sell insurance, assuming you can pass the licensing test.

Emma Said:

How do I collect money from an agent who frauded me?

We Answered:

Your entire case will rest on the employment/commission contract you have with her along with the documention you have.

You're going to have to prove the agreement and the fact she lied to her clients. Do you have clients who are willing to come forth with what you've stated and witness on your behalf?

Does your contract with her detail the grounds for the advanced commission and the stipulations of it?

I would sit down with a lawyer and all your documentation for advice.

Good luck to you!