How To Start A Life Insurance Company at Life

How To Start A Life Insurance Company. To earn a license to sell life insurance, you might need to complete prelicensing education for the state where you plan to work (26 states require prelicensing education). This means if you sell a policy with a $100 per month premium, you make a total of $1,200 in commission on that policy during the first year.

Let’s take a closer look at what’s involved in each step to starting a successful insurance agency. How to start an insurance agency. Life insurance often pays 100% or more of the premium.

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Business insurance is designed to protect a business owner’s financial assets and is an essential investment for a life coach. Workers can enter the insurance industry with anything from a high school diploma to a graduate degree. To get started, you must have a life insurance license. In addition, you must pass either a life insurance or a l ife and health insurance exam.