Greedy ppl?

So Insurance Agents are greedy people who earn huge commissions, do minimal work, and then go for all expense paid vacations using YOUR money.I understand there are people who believe this is the case. And you are not to be faulted for having this perception, because this is perhaps how certain people in this industry portray themselves to be. Maybe.I will not try to vehemently defend my industry and the people who work in it, but for the sake of argument, I’ll list out a couple of facts about life as an Insurance Agent from my personal knowledge and experience to try and debunk this perception :

Our commissions are not paid by you, the customer. They are paid to us by the company we represent at a rate the company deems fair. Agents are required to disclose to you how much money they are making from your sale, if you wish them to.

Our work is not minimal. Form filling, claims processing, continual training to provide better service to the public, these are things that agents do which are not seen. And best of all, we don't get paid for doing these things. Now I'm sure some of you may be saying :"But Angry Mr Jones, my agent damn free one leh, everyday see him at coffeeshop drink kopi! Somemore got money go holiday!"Life as an Insurance Agent is as they say, 'Own Time Own Target'. Sure i can sit at home all day or go out with my mates to have fun every night. Just no income.

Ever had to stand outside a potential client's place for 3 hours? And then leaving without the sale? I have."Aiya AMJ, who ask you to become Agent in the first place? See la, kenna this kind of treatment. Serves you right!"Just to illustrate a point, this are some of the pains an Insurance Agent may have to go through in his course of work. Waiting 3 hours to get rejected is quite a painful experience, but i believe most of us Agents accept it, learn from the experience, and move on.

Going on overseas trips is a form of reward insurance companies usually give to the VERY BEST people in their companies. To be the VERY BEST is not easy, the amount of business the agent in question has to process is very large. Taking into consideration the 3 points listed above, to go on one of those trips most probably means that agent went through a lot of what was listed above to get there.

He also most probably got many people insured or set up worthwhile financial plans for his clients. In the process of doing that, he also most probably secured for his company a good amount of premiums which equals to profitability. As a reward, his company sends him on a holiday. It is corporate commonsense to reward your best people, it should be the same for Insurance companies.

At the end of it all, if the perception about greedy insurance agents still exists, why not challenge yourself to try out this job for 1 year.“SIAO AH?! Become Insulant Agen! Nothing better to do meh?”If the industry was really so rosy then this response wouldn’t be commonplace among folks.As it is, there are bad apples in every basket. I'm certain there are greedy insurance agents out there, just as there are greedy hawkers and greedy contractors and greedy...

yea u get the idea.The relevant authorities and stat boards, with regards to the financial industry are doing their very best to ensure that you, the consumer, gets the best deal possible.

Courtesy from http://www.ihateinsurancesalesman.com/search/label/Ahh%20Why%20blog