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A few questions on getting licensed to sell Insurance & Annuities…..?

08 Mar

1)Does a criminal background stop you from being able to get a license (and by criminal background I mean: I was 18, got in a fight had guilt (adjudication) withheld on a 3rd or 1st (whichever is the least bad) felony. So technically, no guilt.

2)I checked the South and North Carolina requirements and it almost made it seem as if you had to have a degree just to get a license. Is this correct?

3)What is the best way to go about opening your own business selling insurance (instead of working for one company – being contracted through more than one to offer clients flexibility).

 
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  1. Joe L

    March 8, 2010 at 8:16 pm

    Good questions.
    1) if you are a felon the regulations may be state specific. I would obtain an application for the life license and see if that question is asked. Each state may differ.

    2) The best way would be to go through a IMO, or broker. you will have access to every life carrier you could want, and be able to get the top level commission on each company. They will also set up a website for you to generate leads, run quotes, send you the quotes and forms and pretty much do whatever it takes to get the case issued. Good Luck with the licensing once licensed or if you have questions see below
    joseph@carylevinson.com
    http://www.carylevinson.com