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A career in the insurance industry
- By ILS corp
- Published 11/11/2009
- ILSTV Stories
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ILScorp’s Canadian Insurance Scholarship Program pairs current industry professionals with emerging high school talent, strengthening the business now and creating future insurance leaders.
But is insurance a good career choice for young people?
ILSTV asked current industry professionals this question at the CSU & Keal Partners in Education conference.
Brenda French, The French Group: It’s an absolutely fabulous career opportunity for the young people right now. I fell into insurance, like so many people in our age group did, and I’ve made a thirty year career of it. And it’s been very generous to me.
Denis Durepos, Insurance Broker:For brokers and for insurance, it’s a great business because it brings about re-occurring revenue. If you do your job right and hit the 92 to 95 percent retention rate, there’s not many other businesses out there that can say you are getting re-occurring revenue, and it’s a service that companies need.It’s not a want, it’s a need. There’s not that many businesses that can say they have that opportunity to service those clients.
Karen Gayle, President CSU: No matter what small town you live in an insurance broker is there. So I could move anywhere in Canada, change my license and continue to work.
Brenda Rose, Industry VP: You’re working with people and helping people so you’ve got a wonderful juxtaposition of human qualities and exciting technological possibilities—there’s all kinds of opportunities for young people.
Bernard Nesial, Broker: There’s so much opportunity in the industry and the young people don’t really understand there’s a whole gamut of jobs and streams that they can take in the industry.
Rick Elliot, Broker: It’s a very fulfilling industry. It’s a dynamic industry and I’ve been lucky enough that my son has joined me as well for the fifth generation.
Spread The Word
9 Responses to "A career in the insurance industry" 
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said this on 16 Mar 2012 9:09:10 PM EDT
Finance1o1.blogspot.com / Not knowing your total fnaincial situation, it would be difficult to recommend which term life insurance you should get. Maybe you need a 10 year term, maybe 20 or 30 year term. I don't know. If you have over 20 years left to pay on your mortgage, then you should get a 30 year term. Between 11-20 years left on your mortgage, get a 20 year term. 10 years or less OR you don't have a mortgage, get a 10 year term insurance.Term insurance is very affordable compare to all the other types of life insurance that builds cash value. That means you can get lots of coverage for a low amount of premiums.In 10 to 30 years, all your children will be grown adults. Hopefully your youngest child (who will be 23 years old) will have a job and be able to support himself. Your debts should be paid off or have a low balance on them. And you better have lots of money saved for retirement.When I sit down with families, I examine their entire fnaincial situation. I look at their current debts, examine their life insurance policy, check out their retirement plan and other long term plans. Then I make recommendations and move money around. With majority of my clients, not one of them pay a cent more than what they are currently spending. I don't know your situation, maybe you don't have to pay a cent more either (of course, this depends on which company you go with. I recommend Primerica because they help middle income families solve common fnaincial challenges).
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said this on 22 Mar 2012 2:56:26 AM EDT
Starting June 4th and every Saturday Tower Group 8pm meeting will be a step study/step doing.For those interested in going through the steps while we study the steps I'll be more than glad to assist you.Bring a 1 or 3 subject spiral notebook,pen,highlighter and your Big Book.This is going to be fun as well as a new experience.Yes We have entered the world of the Spirit.Our next function is to grow in understanding and effectiveness.
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said this on 24 Mar 2012 3:31:36 AM EDT
Paki, aunque con retraso, te comunico que todos los que lo solicist teis a trav s de los coemntarios est is admitidos/as
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said this on 27 Mar 2012 2:08:41 AM EDT
Paki, aunque con retraso, te comunico que todos los que lo solicist teis a trav s de los coemntarios est is admitidos/as
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said this on 31 Mar 2012 10:58:37 PM EDT
MK / Your best bet is to contact an insruance broker. Given your history of declined applications and medications you use, it is important to find a company that might not look at those things in their applications. Every company is different and has different requirements. A Broker can find a company that will suit your exact needs to make sure you put in a strong application.Anytime you have any kind of undiagnosed condition or are on the waiting list for treatments you will almost always been declined for insurance. There are too many things that could go wrong, even if the condition isn’t life threatening, there is a slim chance the treatments might be. I’ve seen applications get declined for something as simple as waiting to see a knee surgeon. Knee surgery is not a major thing, however, if there are complications it can get ugly fast as an example.Secondly, cheaper is not always better…expecially given the details of your situation. You want to make sure you are dealing with a good company and a good product. Think about toys that were made in China….wicked cheap and look the same on the outside as if they were made in North America, but once you get them you uncover this little thing known as lead poisoning from the paint they used (nothing against China, just a good example of why cheapest isn’t always better). Never surrender quality for price when dealing with financial products…this insurance could mean the difference between your family getting thousands of dollars or absolutely nothing but bills and debt.
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said this on 04 Apr 2012 3:04:15 AM EDT
████████►◀███████…████████▲▲▲▲▲▲▲▲▲████████…
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said this on 09 Apr 2012 3:21:01 AM EDT
15million (potential driver) x £50 (avarage cost of insruance per month) = 750.000.0009billion a year. Welcome to the UKthe home of massive rip off where everyone sucks hard and follows the government like puppies
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said this on 10 Apr 2012 1:35:57 AM EDT
no difference in the cover you get, but be careful…30 year policies will probably be cheaper per month than a full term policy… That’s because you will be younger and healthier and less likely to need to use it (less risk for the insurer), but in 30 years time it will cost more because you will be older and more likely to claim on the cover. It’s possible too that the insurer will not renew the policy if they feel you present to great a risk… e.g. if you have been seriously ill in the first 30 years (heaven forbid). A full term policy will be a set price for the whole term. It might start out a little more expensive at first, but with no renewal to worry about, you might save a bit of money in the long term…End of the day, insurers are business people… They’re in it to make money… Just do some research and I’m sure you’ll find good quotes!
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said this on 14 Apr 2012 8:46:33 PM EDT
Don’t leave your desired ones tall as well as dry. Make certain we have been scrupulously insured.Call this fee giveaway series 877-855-1784 to get a giveaway tenure hold up word allude to from tip rated companies.A dilettante attorney will verbalise to we as well as to plead that process most appropriate suits your mandate as well as budget.Take a time to have certain we have been receiving caring of your family. Who will if we don’t?It’s only a single phonecall 877-855-1784.
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