Insurance Agents Near Me
Insurance agents may be some of the most important people you will ever do business with. They will help you protect your property, your assets and your finances. The work of an elderly life insurance agent has the potential to save you from financial ruin.
He could spend his whole life and not need the services of a lawyer. You could live and die and not have to use an accountant. But you can not live in the “real world” without life insurance agent near me. But remember … it is YOUR responsibility to learn what coverage are right for you.
Insurance Agents Near Me
Have you ever heard a story from a friend or family member who filed an insurance claim, only to discover that the coverage your agent promised was not there? I listen to those stories ALL THE TIME, and in the WORST POSSIBLE POWER … AT THE TIME OF THE CLAIMS!
I started my career in insurance as an agent in 1973. I kept my active agent licenses until 1992, when I became an insurance adjuster. During that period of time, I sold almost every type of insurance agents near me imaginable. That gave me a great experience in insurance sales. But all that experience did not make me an insurance expert.
I learned risk analysis and sales techniques. But I do not think I had a one minute training on how to handle a claim. When my clients had a claim, I gave them the phone number of the company and told them to call him. Occasionally, we fill out an Acord form, which is an industry standard form to file a claim. That was all we did.
Local insurance broker near me
The best agent is a person who has spent time studying insurance, not a person who is an expert in sales. The largest percentage of insurance agents of all types are sales people, not local insurance broker near me experts. Your agent may or may not be an insurance expert. You will have to simply ask your agent what your level of education is.
There are many colleges and universities that offer insurance degrees today. In our area, the University of Georgia offers degrees in Risk Management and insurance agents near me. It is a highly respected program.
Agents can also become senior life insurance experts through continuing education, such as the Certified Property Casualty Underwriter (CPCU) education program. Life insurance agents can achieve the professional designation of Certified Life Underwriter (CLU). There are other designations available to agents, but those two are the most accepted educational programs.
Life Insurance For Elderly People
Agents in most states also have to complete a number of continuing education hours required by the state each year to maintain their life insurance for elderly people licenses. If they do not complete the hours, the state cancels their licenses.
An agent has a duty to you, called a “fiduciary duty”. That means that he must keep his financial welfare first in his priorities. If an agent sells you an senior life insurance policy because it has a higher commission than another policy, you have breached your fiduciary duty with you.
Agents generally have a type of liability insurance called “local insurance broker near me.” Errors and omssions (E & O) is the insurance that covers the agent’s company or the agent individually, in the event that a client holds the agent responsible for a service that insurance for senior citizen agents near me provided or did not provide. This protects agents and their administrative staff from liability due to negligent acts, errors and omissions in conducting their business activities. It will protect the agent from problems such as the following examples:
1. Loss of customer data. The agent simply loses his file, physically or electronically.
2. System or software failure. The computer in the agent’s office fails and all data is lost.
3. negligence exaggerate. The agent sells you the coverage you do not need or sells you the coverage limits higher than necessary.
4. Claims of non-compliance. This is a broad category but it must be. This could include charges that an agent did not sell the appropriate policy or the amount of adequate coverage.
Visit to http://lifeinsuranceforelderlypeople.com/insurance-agents-near-me/
- Insurance Agents Near Me and local insurance broker near me.