I was recently licensed in health/life. I find it a bit confusing the way insurance is organized & sold. So many different agencies representing the same insurance companies. And on top of that, one agent told me that his agency had a product from one company that could not be bought anywhere else, not even from the insurance company itself. It was made special & available only through his agency.
I,m trying to evaluate the various options & settle upon who to work with as a non captive agent. I don't want to get stuck somehow--either finding out too late that I don't like the place I signed up with or that I'm now blocked from joining a place that I really want to work with.
So let's say that there are 3 companies, Agency 1, Agency 2, & Agency 3. 1 sells insurance from A, B, & C. 2 sells insurance from B, D, E, & F. 3 sells insurance from B, C, E, F, G, & H & they have a product from B that is exclusive to them.
1. If I signed up with 1 & was appointed with A, B, C, but then for some reason was dissatisfied with them, or I found that I preferred something about agency 3, could I switch agencies & still sell for insurance companies B & C?
2. If I signed up with 1 & was appointed with A, B, C & liked them & wanted to stay with them, but I wanted to sell B's product that was exclusive to Agency3, would I be able to do that somehow? Could I for example keep selling A & C with Agency 1, drop out of B with them & get reappointed with B through agency 3?
3. If I signed up with 1 & was appointed with A, B, C & was happy with them & wanted to stay with them, but I learned of some product that I really wanted to sell from company H, could I remain with Agency 1 selling for A, B, & C and also sign up with Agency 3 to sell H's product?
Thanks.
I,m trying to evaluate the various options & settle upon who to work with as a non captive agent. I don't want to get stuck somehow--either finding out too late that I don't like the place I signed up with or that I'm now blocked from joining a place that I really want to work with.
So let's say that there are 3 companies, Agency 1, Agency 2, & Agency 3. 1 sells insurance from A, B, & C. 2 sells insurance from B, D, E, & F. 3 sells insurance from B, C, E, F, G, & H & they have a product from B that is exclusive to them.
1. If I signed up with 1 & was appointed with A, B, C, but then for some reason was dissatisfied with them, or I found that I preferred something about agency 3, could I switch agencies & still sell for insurance companies B & C?
2. If I signed up with 1 & was appointed with A, B, C & liked them & wanted to stay with them, but I wanted to sell B's product that was exclusive to Agency3, would I be able to do that somehow? Could I for example keep selling A & C with Agency 1, drop out of B with them & get reappointed with B through agency 3?
3. If I signed up with 1 & was appointed with A, B, C & was happy with them & wanted to stay with them, but I learned of some product that I really wanted to sell from company H, could I remain with Agency 1 selling for A, B, & C and also sign up with Agency 3 to sell H's product?
Thanks.