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As early as 1979, Feldman had sold more life insurance than anyone in history. [3] He sold life insurance policies with a total face value of about $1.5-billion [4] for New York Life from 1942 to his death in 1993. He once held the world record for the most products sold (by value) by a salesman in a career, a year ($100,000,000), and in a ...
While the agent collects commissions, they do not collect a salary from the companies they represent. On average, independent agents work with thirteen property and casualty and six life and health insurance companies on a regular basis. [7] Independent agents own and control their accounts, policy records, and renewals.
Agents who sell life insurance may also be licensed to sell annuity products or mutual funds to their customers. An insurance agent's main job is to sell you an insurance policy, not necessarily ...
Key takeaways. Ask your agent which type of life insurance, term or permanent, best suits your needs. Confirm with your agent if your policy offers living benefits, like access to cash value or ...
The Guardian Life Insurance Company of America is one of the largest mutual life insurance companies in the world. Based in Manhattan , it has approximately 8,000 employees in the United States, and a network of over 3,000 financial representatives in more than 70 agencies nationwide.
Captive vs. independent agent/broker: A captive agent only works with one insurance provider, so if you’re hoping to get help finding the best rates for life insurance, you might choose to work ...
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