As an insurance mentor with over 30 years of selling and marketing experience, I can tell that one of the most over looked career opportunities today is the insurance industry. Selling life insurance is a fantastic opportunity, but it does not fit everyone.

Teachers, educators and communication specialist are some of the best people to come into the life insurance selling profession.  Why? Because our job as a life insurance sales person is to communicate ideas to people, as well as educate them.  Plus you want to be an extrovert and not an introvert.  Type A would be good also.

One of my best producers, a few years back was a young man who just graduated college with a communication degree. I never even knew they had some thing like that.  But he just took off gang busters and was the top producer in our agency for a number of years and then he went on to management.

The great thing about this career is a person can build a fantastic career with very little or no up front capital requirement, and create a substantial income.

They can expand into management and even move on to corporate.

The life insurance industry has made it tougher for part-time people and the fly by nighters over the last 10 years. The Insurance agent’s sales force has shrunk to about 1/2 of what it use to be because of a more positive approach as to who the insurance companies are hiring today.

What does this mean to a new person? Quite simply, there is a bigger piece of the pie for you and less competition. There is more opportunity to build solid and stable careers in a bad economy with the insurance industry.

Today’s insurance professional enjoys the opportunity to work with banks, CPA’s, attorneys and many others to assist in their client’s welfare.

It is a very professional business.

Insurance professionals can work in a number of areas such as:

..Selling life insurance

..Selling Property and casualty Insurance

..Selling Medicare supplements

..Selling Annuities and annuity marketing

..Selling Business insurance

..Selling Disability insurance

..Selling Health Insurance

And in each of these career fields a person can specialize in what we call specific target marketing such as:

..Small business insurance

..Mortgage term life insurance

..Estate planning

..Structured settlements

..Plus many more specialty areas.

Read more about “How to become an insurance agent”, along with many articles and training concepts to help existing and new agents succeed in the insurance industry and building stable careers in a bad economy at www.an-insurance-agents-career.com/insurancejobs.html.

• The burning down of the apartment building
• A robber breaks into the house
• One of your guests injures himself in your kitchen by slipping
• Water damage

It is to cover yourself and belongings in situations such as above that you need renter’s insurance. There are several different categories of renter’s insurance and renter’s insurance cost. They are actual cash value policies, replacement cost policies and floater policies. The actual cash policy is where a payment is made for the damage suffered after the deduction of the maintenance cost spent on the place and the possessions. The sum here is dependent upon the insurance cover taken. The next type of renter’s insurance is called replacement cost. This basically pays for the all the damage that was incurred without any deductions and is limited only by the policy. The third type is known as a floater policy. All those belongings which do not come under renter’s insurance cover will be insured by this. This functions as a separate policy although it is usually tagged to the renter’s insurance policy. This generally covers valuables such as jewelry, silver, items like furs and valuable electronic equipment. One mistake that most people make is that they think that they do not have enough valuables to be covered by an insurance policy. But, this is a mistake. Make a list of all the valuables and you will see that there are enough things which are worth covering with an insurance policy.

It is important to know when the insurance policy applies. This of course will be set out in the insurance cover of the renter’s insurance policy. In the jargon of the world of insurance it is called ‘named peril’ coverage. This named peril could be anything from fire, lightening, windstorms, smoke, theft, vandalism, malicious mischief, accidental discharge of water or any other common loss perils. An important aspect of the coverage here is that it covers injury to others on your property at the time. The coverage also enables you and others on the property to have medical care if injured in the process. This coverage may be extended to pay for the legal fees if you have to defend yourself under these situations.

Most o f the time renter’s insurance tend to be expensive and therefore people shy away from getting covered. But, there are ways to lower the premiums and yet reap the benefits of renter’s insurance as can be seen below.

• Opt for reduced cover and lower the premium-This has to be done with care so as to balance the coverage and the payments that have to be incurred monthly.
• Increasing of the deductibles-This is one assured way to reduce the premiums. The deductibles will be what you are liable to pay for before the insurance company starts its pay out. Consequently, if you raise the deductible the premium will automatically come down significantly.
• Increasing the safety and security features of the property- This will enable the premiums to come down as the insurance company will be more than willing to give coverage for protected properties.
• If you have more than one policy with the same company it will allow you to get a bigger discount.

The bottom line is that it is very important to have renter’s insurance.