Why You Should Choose the Insurance and Financial Industry as a Career Path
- IMPACT – Live an impactful and meaningful life helping others and your community.
- INCOME – Residual income potential is unlimited and based on your work ethic.
- INDEPENDENCE – The independence to set your own schedule and work to your ultimate potential.
Insurance has been around since the middle of the 18th century in the United States, initially offering simple coverages like life insurance. Today, insurance is a $421 billion industry in the U.S. and employs more than 2.5 million people nationwide.
The insurance industry is impact by the aging baby boomer population. According to a 2013 survey conducted by Accenture, current projections are that one fourth of the insurance industry’s work force will retire by 2018, which equates to an approximate turnover of 625,000 jobs nationwide. Now that number is much higher.
As an agent you have the ability to help someone plan for their future. When you put a plan in place you’re helping to secure a future for loved ones that might be monetarily affected if an unforeseen event happens to their loved one. You are not simply an agent but you also work as an educator, consultant and an advisor to the people in your community. The best agents spend most of their time out in the community building meaningful connections.
There are few careers that offer the income potential that the average insurance agent enjoys. The sky is the limit. Once a client base is built, you are in control of your income potential and there are no limits or glass ceilings. Each agent is the navigator of their own residual income stream.
You’re in business for yourself not by yourself. You also have the ability of setting your own hours. No more 9-5 and every day is different. You’ll meet different people, working on different cases, and travel to different places. The ability to work from pretty much anywhere. For agents that are disciplined with the flexibility, the rewards are tremendous.