Working weekends and evenings might be necessary to meet clients' scheduling needs. Do You Need Health Insurance to Study at Online College? Must complete an application online and submit transcripts for their highest degree earned. Aside from being a requirement, you will receive the fundamental training essential for you to understand how health plans work, including Medicare. All states require that health insurance agents be licensed to sell insurance. You'll need to earn continuing education credits on an ongoing basis to maintain your license and to remain up-to-date on changes in regulations and available insurance products. A health insurance agent who can show a proven sales ability may be hired with just a high school diploma or general equivalency diploma. This career focuses on contacting companies and offering deals for advertising space within various outlets; for example, TV commercials or radio spots. Insurance is provided by a number of private... Health insurance underwriters take into consideration various criteria and determine whether or not to approve applicants for... Health insurance professionals sell insurance coverage, process claims, assess risk, and design policy plans. How to Become an Insurance Agent 5 Steps to Becoming an Insurance Agent Step 1 Decide if you want to complete an associate or bachelor’s degree program. And he or she brings insurance expertise to the task. Since there are multiple steps to becoming an insurance agent, let’s break this down by sections: Getting your insurance licenses – Three to six weeks Finding an insurance agent job – Two or more weeks Getting your FINRA licenses (optional) – Four to eight weeks While certification isn't mandatory, employers may favor applicants with a professional credential that demonstrates skill and proficiency. For free! Agent or Broker: It is the insurance agent or broker’s responsibility to obtain insurance licenses and meet the licensing qualifications required by each state insurance department to which they apply. Independent insurance agents sell all types of insurance, including health and life, small business, and auto and home insurance. You have to attend 40 hours of training program as prescribed by Max Life Insurance (this training have both the options available online & classroom) What does an Insurance Agent do? © Copyright 2003-2020 ), Study.com / How to Become a Health Insurance Agent: Career Roadmap. A college education can help experienced agents move into careers in risk management, working as actuaries, or other positions that require postsecondary education. 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This mentor system allows new agents to acquire the skills and practice necessary to succeed in the career. Research the education requirements and learn about the experience you need to advance your career in health insurance sales. Understanding the Basic Requirements. Insurance agents may sell one of many different types of insurance, including life, health, automobile, and liability insurance. This career typically requires agents to contact new customers, get an idea of their financial situation, help them understand various policies, and guide them as they complete paperwork. Now let's explore the steps aspiring health insurance agents take toward this career. If you’ve ever considered the steps to becoming an insurance agent, you’ve likely been exposed to these common misunderstandings and misconceptions about selling insurance. Today, health insurance must be purchased in the United States or you pay a fine. Health insurance agents can work for a private agency or health maintenance organization or be self-employed representing a variety of insurance products. Retrieved from https://study.com/articles/How_to_Become_a_Health_Insurance_Agent_Career_Roadmap.html. © copyright 2003-2020 Study.com. Courses Needed to Become an Insurance Agent. To become a health insurance agent, start by checking your state's guidelines, which will likely include mandatory training, licensing, and a criminal background check. You need two things to become an independent insurance agent in Texas -- an insurance license and an appointment to sell the products of one or more insurance companies. The listings below may include sponsored content but are popular choices among our users. After obtaining a license, you may need to complete continuing education courses to renew and maintain your licensure. How Much Does a Licensed Insurance Agent Make? So a health insurance agent must obtain licensure to sell health insurance. Certification such as the Registered Health Underwriter (RHU) credential offered by the National Association of Health Underwriters (NAHU) is sought by some employers and may help you to secure a position or to advance in your career. Courses in business are helpful and specialized training is usually given by your employer or by the insurance company whose products you represent. Curriculum, relevancy of sample programs, and outcomes will vary by school. If you're interested in becoming a health insurance agent, one of the first things to consider is how much education you need. Getting your Texas insurance license is the first step to becoming an insurance agent in Texas.. (How to Become a Health Insurance Agent: Career Roadmap. Research what it takes to become a health insurance agent. 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It is also the agent or broker’s responsibility to pay all initial and renewal licensing fees as required by each state. An agent/agency agreement must be signed along with a Request for Appointment of Insurance Producer form. Jobs for Communication Design Majors: Career Facts, None required; bachelor's degree may be preferred by some employers, Licensure required in state of employment; optional certifications available, Find potential clients, sell health insurance, and renew information on policyholders. Taking the right insurance courses can make the difference between landing an insurance job with a major national agency and not obtaining a license to sell insurance within your state. Every state requires insurance agents to be licensed, and separate licenses are issued for different types of insurance. Connect with After identifying their needs and matching those needs with available products, you'll generate quotes and provide options for coverage. Agents who work for an insurance carrier sell policies only from that agency, while those who work for brokerages sell policies from a variety of insurance providers. You should also stay current on the products available and the regulatory changes that may affect clients. ; License: Every state requires insurance agents to be licensed.. The 5 steps are below. Health Insurance: Selling medical, disability, Medicare supplement, short-term, and long-term care policies. Upon being hired, a new health insurance agent typically works under an experienced agent for an extended amount of time. Find Schools. Insurance is too complex. They typically seek out clients, presenting them with health insurance options that meet their needs and, if necessary, assist with getting claims settled. Applicants to the master's and doctorate programs must have a bachelor's degree or higher. They may work as... Are you curious if you have what it takes to succeed as an insurance agent? Learn about job duties, employment outlook, education options and licensing requirements to find out if this is the career for you. It’s too late to change careers. These workers also need strong customer-service and analytical skills, as well as verbal and written communication, time management, critical thinking and decision-making skills. Which Business Colleges are in the Albuquerque, New Mexico Area? The vast majority of life insurance companies have no formal education requirements for becoming an agent. To be a successful health insurance agent, it is mandatory that as an agent or broker, be a person that understands the insurance market, is aware of the available options and be able to relate this information to the customers. Want expert, personalized advice that can save you a lot of time and money? Purchasing health care insurance can be a very difficult task. How Much Do Health Insurance Agents Make in Florida? As a real estate broker and sales agent, you only need a high school diploma to qualify for this job. Insurance agents sell insurance to individuals and businesses. (2020, Mar 11 of publication). Look at the following chart for a basic overview of what you need to become a health insurance agent. The education requirements are quite lax. How Much Does an Insurance Agent Make in Arizona? How Much Does a Health Insurance Agent Make in Arizona? Many colleges and universities offer courses in insurance, and select schools offer majors or minors in insurance. What is the Job Description of a Life Insurance Agent? Do MBA Students Receive Health Insurance? Education: Employers prefer to hire insurance agents who have college degrees, particularly in business or economics.They might consider hiring a high school graduate who has proven sales ability. Becoming an advertising agent is another similar career where you only need a high school diploma. Health insurance agents need to keep updated on important issues for insurance sales even after they complete the initial job training. Whether you need a Texas life insurance license, a Texas property and casualty license, or any combination, we’ve got the information you need to pass your insurance license exams and become an insurance agent. a Study.com College Advisor at the end of the process. Working from home as an independent insurance agent gives you the flexibility to set your own hours to accommodate clients and a comfortable atmosphere in which to work. A licensed health insurance agent is your personal shopper. Health Insurance Associate (HIA) Certification. According to the U.S. Bureau of Labor Statistics, insurance sales agents in general earned an average salary of $67,890 per year as of May 2018. They may specialize and become licensed in one or two specific areas, such as property or health insurance. As a health insurance agent, one of your duties is to contact and make presentations to prospective clients. Is a Career in Selling Health Insurance a Good Choice? degree options and guide you through every step of the college selection and enrollment process. Agents usually find possible policyholders by referrals and leads. All other trademarks and copyrights are the property of their respective owners. Before selling health insurance plans through the federal Health Insurance Marketplace® (FFM) on HealthCare.gov, you’ll need to register, sign agreements, and complete required training. Earn Transferable Credit & Get your Degree, Speak to a College Advisor today and make a better plan. Here's one last tip for success: consider earning professional certification. Find the right school and build a personalized Education Plan with help from an independent advisor. The main certifying body for these professionals is the National Alliance for Insurance Education and Research, which offers the Certified Insurance Counselor designation. Another responsibility is to maintain ongoing relationships with clients by contacting them proactively about their coverage and serving as their account manager and liaison with the company. Enter zip: How Can I Become a Health Insurance Agent? 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As an insurance agent, your job duties will include creating insurance plans that suit your clients' needs, implementing policy changes and maintaining records. Larger corporate clients may have an agent who deals exclusively with their needs. Afterwards, you'll have the option to speak to an independent Web. Often, you'll meet with a company's benefits administrator to provide them with health insurance options for their employees. There's no formal educational requirement to become a health insurance agent, but many employers prefer that you hold a bachelor's degree. What are the Different Types of Journalism? Health insurance brokers and agents who are certified by the exchanges can also explain plan details and help consumers determine subsidy or Medicaid eligibility. If you’re interested in becoming a health insurance agent, one of the first things you need to do is take the licensing exam required by your state regulator. Learn.org. Medical Administrative Secretary or Assistant. Source: *U.S. Bureau of Labor Statistics. For current customers, a health insurance agent's job usually only involves modifying and renewing policies. guide you through every step of the college selection and enrollment process. It's free! How Do I Get an America's Health Insurance Plans (AHIP) Certification? Get a free comparison table of costs, aid, and requirements for Medical and Health Professions schools, Insurance Agent Video: Becoming an Insurance Broker or Agent. Which North Carolina Colleges Have Journalism Degree Programs? Master's degree applicants must have a bachelor's or higher. The role of the licensed health insurance agent or broker . We've determined that 66.7% of health insurance agents have a bachelor's degree. Now understanding the basic requirements for the type of insurance agent you want to be: You must be at least 18 years old to become an insurance agent To become a Medicare insurance agent, you must get a health insurance license in the state you currently live in (resident state). Producer appointments are available to independent insurance agents who are licensed as a health insurance producer in good standing with their home state. Professionals in this field are usually self-employed, but licensed brokers run their own business helping customers rent or purchase homes, whereas sales agents operate under the guidance of a real estate broker. In terms of higher education levels, we found that 0.0% of health insurance agents have master's degrees. Transferable Credit & Get your degree options and licensing requirements to becoming a insurance. And its products by entering into a legal agreement with the company securing! 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