From this brief introductory text, one could easily arrive at a conclusion that insurance profession is an interesting and a ‘Rewarding Career’. If you are passionate about the welfare and happiness of others, you will thrive in Insurance business.

You only need to focus on your area of strength. This reminds me of the great and famous artist painter named Pablo Picasso. His name is an household name in “Fine Art” as a profession. What made Pablo Picasso thick and unique in his chosen career was his determination and ability to remain focused on his area of strength.

Picasso was once quoted “my mother said to me, if you become a soldier you will end up as a General. If you become a monk, you will end up as a Pope. Instead, I became a painter and I ended up as the great Picasso”.

There is a story of an encounter between Pablo Picasso and one American Tourist who came to Paris. Pablo Picasso was sitting in Café in Paris when this woman who came for tourism approached Picasso and asked him to draw her picture on the spot.

The woman said “I’d be so grateful” and I would pay you of course”. Picasso accepted the piece of paper the woman handed him and then proceed to create the artistic picture of the woman.

When he finished, he handed the picture to the woman, “Oh Picasso, that’s beautiful. It’s so beautiful” she said. How much do I owe you? Picasso smiled and said, “That will be 30, 000 dollars madam”.

The woman was shocked. “thirty thousand dollars, but it took you a minute,” she screamed. “Madam, you are not paying me for the minute it took me to do that drawing” Picasso replied. “You are paying me for the forty years it took me to be able to make such a drawing in a minute”.

From his brief career story, having focus in one’s career brings the best in someone. Concentration, Perseverance and ability to remain focused are essential keys to career success.

In this short story lie many great secrets of success in career endeavor. Picasso did focus on his area of strength which he was talented and was able to develop his ability to the fullest. He did not stop there; he applied his vision of life to his art and produced a unique artistic expression.

Picasso found his own uniqueness, nurtured and cultured it and then exploited it to the maximum. In the process, he became the full expression of himself as an artist.

Anyone embarking on Insurance Profession as a salesman should emulate the life of the great artist Pablo Picasso. To succeed in ‘Insurance Profession’ as a sales person, you must acknowledge the “power of utterance”.

There was a story of a man I read who decided to experiment with words. This man decided to sow seeds from the same plant in two separate boxes under the same condition.

Everyday, he made it a priority to speak to the seeds. To the one in Box A, he would speak negative words such as “you will never make it. You will never grow well, you will never be fruitful.” To the other one in box B he would confess positively: “You are growing well, you will make it, you will emerge fruitful and beautiful, etc”.

In a couple of weeks, the leaves of the plant in Box A turned yellow and developed stunted growth. While that in Box B became strong, fruitful and very beautiful. This man observed carefully and because of what he saw made up his mind to Speak Right concerning everything about his life even when the circumstances might not be favorable.

In relating this context to Insurance Business, every insurance sales person must have the ability to use his or her utterances to win or convert a prospect into customer or client. He or she must have it at the back of his or her mind that he or she is in the business of “Relationship Selling”.

In essence, every insurance Sales Person must identify basic key sales skills, which invariably mean that he or she must have to know where he or she is strong and weak.

The basic key sales skills includes: Personal Management, Product Knowledge, Prospecting, identifying needs, how well you are presenting the Insurance Products handling objections, how well you are asking for actions or closing a sale.

Insurance and ‘Life Insurance’ as it were is a rewarding career. Choosing a career in life is a crucial part of human existence. Therefore, stringent measures need to be taken when embarking on such journey.

If Charles Darwin, the famous naturalist whose acclaimed discoveries laid the foundation for the evolution theory had read medicine, a course his father wanted him to study to carry on the family tradition, the world no doubt would have heard little of him today.

It was said that Charles Darwin showed no particular promise of genius as a child. In fact, he got poor grades at school and had trouble choosing a career for himself. He was not exactly dull, as his later life would reveal.

The fact was that he did not quite get along with his curriculum, teachers and parents due to his desire to be different. Before his father sent him to Edinburgh to study medicine, he had wasted away seven years at a grammar school learning classical studies, a subject that he considered very uninteresting.

Perhaps, his dislike for the subject was caused by the way it was presented to him. But he rather fancied chemistry, which was not taught in English schools then.

However, his teachers who felt the young man was suffering from a flight of fancy punished him for allowing himself to be distracted in such a manner. That did not discourage him from learning things outside the scope of what he felt was the narrow curriculum. He was a born naturalist.

Darwin fled medical school because he could not stand the way surgical operations were carried out in those days. Then, chloroform an anesthetic that helps to reduce surgical pains had not been discovered, so patients were left at the mercy of the surgeon and his team at the theater.

The apparent honor the patients must have passed through while undergoing an operation unnerved Darwin so much that he gave up thoughts of ever becoming a doctor. So the young rebel followed the desires of his heart, which included a passion for animals, plants and stones. These were to guide him in later life, when he wrote his celebrated book “The Origin of Species” which is considered one of the most influential books of all time” Study right 2005.

Insurance as a profession could be regarded as a risk transfer mechanism employed by individual and groups or corporate bodies to manage the financial effects of the risks to which they are exposed.

It is a general believe that lack of knowledge about the future give rise to uncertainty and risk surrounding human activities. Most people are of the opinion that “life itself is a risk”.

Generally speaking, risk is either speculative or pure. A speculative risk is where the outcome of an event ranges from loss to gain. While a pure risk is a risk where the result of an event is a loss.

Emphasis will be laid more on pure risk because it is the only risk that is insurable. Only pure risk is insurable because insurance provides protection against the financial effect of loss arising from the occurrence of an event.

At this juncture, we shall briefly highlight the features or characteristics of insurable risks. For a risk to be insurable:

1. The loss must arise from chance occurrence

2. The loss must be capable of definite valuation

3. The loss must be significant

4. The loss rate must be predictable

5. The loss must not be catastrophic to the insurer.

“Buyers’ Guide for Online Term Life Insurance” is the first report in a series of free reports written to educate consumers regarding purchasing insurance over the internet.

Inside you’ll learn…

How to protect your privacy when getting online insurance quotes.
How to make sure the price you are quoted is what you get.
Inside information on how online insurance is sold.
How to research a company before buying insurance.
The difference between an insurance broker & insurance carrier.
And much, much more…

The insurance industry is regulated by the insurance commissioner of your home state. To ensure you receive correct information for your state you will need to provide the following information to access the report.

To receive instant access to the report just use your first name only and valid email as your password – then click the “Free Instant Access!” button to enter. (Use the same password when returning. All information kept 100% confidential.) Your information will never be shared, rented, or abused in any manner. Ever.

The odds are 1 in 4 that a disability, whether from illness or accident, will strike any of us prior to age 60. The average duration of the disability is 8 months. The question we need to be asking ourselves is, ‘Can we afford to be off work for that length of time without a paycheck’? If you answer no to this question, you may want to investigate the coverage.

Another form of disability protection is called Critical Illness. This product pays a lump sum of cash in the event you develop a covered condition. Heart attach, stroke, cancer, paralysis are examples of the 18-23 covered conditions.

Both products will give a refund of premium if are claim free. This makes the cost of these insurance products equal to the interest you might earn if the money was invested.

Feel free to contact me for more information or a quote.

Life insurance takes on 2 basic forms. Term which has in most cases has an increasing premium, most commonly the premium will increase every 10 years, and permanent with a level for life premium. The 3 most common forms of permanent insurance are; whole life, universal life and term to 100.

There are advantages and disadvantages to any insurance. The most important factor is that understand what you have and how it enhances your financial plan.

UL is a newer form of permanent coverage that can build cash value and has a “flexible premium” feature. This type of coverage is illustrated with guaranteed values as well as current (or assumed) interest rate values. UL is generally more expensive than term, but is generally less expensive than whole life.

Get universal life insurance, a universal life insurance quote and find out the definition of universal life insurance. A universal life insurance instant quote can be obtained online. Shop for a universal life insurance policy online.
Universal Life Insurance is a type of permanent coverage:

A universal life insurance policy is designed to cover you for your entire life on a guaranteed basis. Gone are the days when a UL policy relies upon current interest rates. Modern policies use this current interest rate to (possibly) enhance cash values.

Insurance exists to safeguard a person and their family from unavoidable disasters and huge, unexpected and unaffordable financial burdens. There are so many different kinds of insurance, the simplest and most essential is often thought to be life insurance. It is different from all other types of insurance that you can buy as it provides security for your dependants after you have passed away.

As there are various financial obligations that you are responsible for and because everyone contributes in some way towards the family income, life insurance allows you to continue to contribute to secure your home, assist your family meet expenses, protect your parents, or safeguard the future of your partner and/or children, even in death.

The types of financial obligations your family could experience include funeral costs, mortgages, business commitments, medical bills, education expenses of your children and many more.

It can be very difficult to decide the amount of life insurance you are going to require, everyone’s situation is unique, you need to consider your lifestyle, financial needs, sources of income, monies owed and the amount of dependants that you would leave behind. An insurance broker or agent would advise that you purchase insurance that would cover five to ten times your annual income. The quickest way to prepare is to consult a professional and go over with them the reasons why life insurance would benefit you and what type of insurance policy would meet your individual requirements.

As a vital piece of your financial planning, life insurance is a very valuable investment which can provide you and your family with peace of mind to help cope with any of life’s uncertainties.

1. Planned correctly, life insurance will provide money to deal with any outstanding debts, paying off or paying towards mortgages, and every day living expenses. It offers financial security for the loved ones you leave behind and serves as an additional source of income.

2. In the event of your death it can protect your estate by providing tax free money which can be used to pay any estate and death duties and also to clear up any outstanding business or personal expenses.

3. Life insurance policies may also have elements such as a pension or savings element that can provide an income for you upon your retirement.

4. Some insurance companies will also provide coverage for critical illness or term insurance for your family. It is vital to check the terms and conditions of eligibility before you buy to be sure that you are aware of all the ins and outs. There are usually very strict terms you must meet in order to qualify and it is important to ask how this will be impacted by any change in your circumstances.

5. Having an insurance policy is viewed as a financial asset which can improve your credit score when you require health insurance or need a loan.

6. In the event of bankruptcy, the monetary value and the death benefits of your insurance policy cannot go to any creditors.

7. One of the more immediate benefits of life insurance is the ability to cover the costs of funeral expenses.

8. Term life insurance can be extremely beneficial, it provides protection after your death but you can also get some money back during certain periods in your life.

9. Life insurance can also secure your commercial assets from financial losses or liability in the event of your passing or that of a business partner.

10. It can provide a valuable source of income which can help to maintain the lifestyle of your family when one contributing partner suddenly passes away.

It’s almost impossible for some of us to face the thought of our own death. However it is unfortunately inevitable and the greatest thing we can do for our families is make sure they will have financial security after we have passed away. The sooner you purchase a life insurance policy the better as you can never predict when it’s going to be needed and it’s the one type of insurance that is nearly impossible to buy last minute.

The Benefits:

A quick and inexpensive way to protect your family’s way of life if you die.
Can cover final expenses and protect your heirs’ estate.
Pay off a mortgage or other debts allowing your family to maintain their lifestyle.
Provides an immediate estate.
Death benefit is generally tax-free.
Benefits generally avoid probate, so cash is available immediately when the insured dies.

TERM LIFE
10 Year/20 Year/30 Year Term
Get a Quote
Best suited for those who have the greatest need for high death benefits at the lowest cost. Usually purchased by younger individuals and families just starting out.

Advantages:

Provides a high death benefit for the least amount of money initially.
Great choice for those who need protection for a specific amount of time or purpose.
20-Year and 30-Year Terms are good for those with very young children or longer-term mortgages.
10-Year Term is good for those with older children at home or shorter-term mortgages.
Guaranteed level premiums for the term, guaranteed death benefit and guaranteed renewable.
Can be converted to permanent insurance within the first 10 years and before age 65.
Can add term insurance protection to policy on the lives of children.

Disadvantages:

Not the best choice if need for life insurance is longer than the term.
Premiums increase dramatically after the term.
No cash value.

Term life insurance can be beneficial to a number of people especially those in search for the best sort of insurance plans. A term life insurance quote can help with getting the right sort of quote necessary to know whether to go ahead with an insurance plan or not. There is a lot of wrong information out there concerning all forms of life insurance in general so it is important to understand the prevailing situation and get things right. The only information you need is good information and any other information you get could land you in a rut and when this information concerns insurance, then your policy as well as the funds invested will be at stake.

One bit of wrong information that people seem to get often, is that they need money or a commitment in order to get an online quote. People feel that such quotes don’t come free and the thing is that you can actually get a good term life insurance quote without paying a fee or being compelled to use the service that you request a quote from. A lot of insurance services offer these free quotes and you can patronize these services without the fear that you need to make a financial commitment for the simple requests that you make.

Life insurance can be understood as a special sort of contract where an insurance company undertakes to pay a person’s designated dependants and beneficiaries should the person die in the future covered under the life insurance policy. Because no one actually knows when they are going to die a lot of people are finding options for low cost life insurance as a cheaper alternative than other options which are currently available and it is important that they do so because with the current state of the economy everyone is trying to save as much as they can on other aspects of their lives.

With low cost life insurance a person has to pay a particular monthly premium and for this that person gets security in case they die. Your family gets full benefits and compensation, the premiums that they pay out are low when you think in terms of the benefits that the family members get in the event that you pass away during the life of the policy. It is a great and cost-effective way of safeguarding your family’s assets and future in the event that you pass away.

Low cost life insurance quotes are available from a variety of insurance brokers and online sources. There are also various different kinds of low cost life insurance so it is important that you thoroughly research your options so that you have an idea as to what you will probably feel comfortable paying for.