Non-investment related business includes, without limitation, advising in or
selling any type of insurance product, advising in or selling any type of mortgage service, estate and tax planning or tax return preparation.
Not exact matches
Cash value or whole life
insurance is a
type of life
insurance product often
sold as a way to build up your savings.
Banks are prohibited from
selling most
types of insurance in their branches other than life and disability
insurance on credit
products.
Fixed annuities also pay life
insurance agents the most money in commissions per buck invested, compared to every other
type of non-life
insurance financial
product a financial salesperson can
sell today - except variable annuities.
There are thousands and thousands
of different
insurance companies on the market, and they all
sell similar
insurance products, but whole life no medical exam plans are not nearly as common as the other
types of policies.
An example
of an
insurance product being
sold by some company is a
type of variable life
insurance policy that allows the insured person to claim the
insurance amount coverage at a fixed time in the future in the event that the person does not die in the stipulated time.
On top
of all
of the
insurance products, Principal Life also has several
types of annuities that they
sell.
It is a
product that has been abused by many
insurance professionals in the past due to the amount financial gain received from
selling these
types of policies.
Some life
insurance agents will try to
sell you the latest «hot
product» in life
insurance, which usually involves some
type of cash accumulation.
An agent
selling this
type of product must have a valid life
insurance license, as well as one from the National Association
of Securities Dealers (NASD).
Fixed annuities are categorized as a life
insurance product, so a life
insurance license is all that is needed to solicit and
sell these
types of strategies.
Skills Requirement: The candidate who is interested in applying for the job needs to have certain skills that make him or her eligible for the job, the skills that re required include good oral and written communication skills, ability to deal with difficult and irate customers, patience, should be a good listener, should be able to resolve the customers queries, sound knowledge
of the companies policies and procedures, good knowledge
of various
insurance products being
sold, good computer skills, good
typing speed and hard working.