During my university days, I have friends who work as part time insurance agent, telling me about insurance plan and such. However, without financial power, I couldn't make the decision. I predicted that I will get insurance plan after graduation. The market is so open nowadays and I can find many more insurance agent outside of school.
Below are some of my comments for the two types of insurance agent which is mentioned above.
Senior Insurance Agent: more experience in selling insurance, but their motive is just to make a good deal to earn comission
Friend as Insurance Agent: less experience in selling insurance, but they are committed to you by giving you the best plan. Their main motive is to see you become rich, secondary motive is to earn money.
In the case of money loss, an experience agent may just run away, but there is a better chance that he'll explain the company's problem and be committed to retrieve the money back to you.
I have not decided which one to pick but I'll be blogging about friend as an insurance agent in my next blog.
