6 Common Myths busted for the insurance agent exam

30 November 2019

Recent years have witnessed the absolute rise in the insurance agent exam owing to the vast vacancies for a chain of specialization within the insurance companies. As per the growing number of insurance companies is concerned, the need for the required number of man force is equally important. The conduction of the exam is subject to the deployment of the desired amount of candidates to fill their job positions.

The intense competition arises the increase in the number of exam applicants. Still, the facts regarding the insurance agent exams undergo certain misconceptions owing to its unfamiliarity among the majority. The insurance agent exam is conducted by the insurance companies to fill their various positions of manpower in the diverse scale of operations. People who aspire to work with insurance companies, insurance agent exam, can be overwhelming to an extent where they feel that they don’t stand a chance.

General myths regarding insurance agent exam:

The myth factor arises due to several misconceptions regarding the idea of the concerned topic. Likewise is the case of an insurance agent exam where a major unfamiliarity still prevails. It is the direct outcome of the unglorified facts of the term insurance. As the popularity of insurance is relevant to the limited group of people opting for it. The untrue realities and ideas regarding the insurance agent exam refrain the people from choosing it.

Followings are the common myths about the insurance agent exam:

Need for high educational qualification:

One of the most common misconceptions affecting the existence of an insurance agent exam is the context of the eligibility criteria for appearing in the examination. It is misbelieved that one should possess knowledge in the respective subjects. But in reality, the minimum qualification to enter the exam is minimum graduation in any subject. You can even start your career as an insurance agent after merely completing secondary school. Thus creating ease to begin your career immediately at the early phase.

The requirement of a good command in English:

Although a good command in English is a must to qualify in several other examinations. An insurance agent exam is conducted to test your interpersonal skills and aptitude. Your command over English has nothing to do with qualifying for the insurance agent exam. Due to the fear of lack of unproficiency in the English language, many candidates step back from appearing in the exam and fail to execute their career plans.

It is better to belong from a commerce background:

It is wrong to conclude that only the commerce candidates have access to the insurance agent exam. There are plenty of candidates from different backgrounds, including science, engineering, and arts into this field. Every year, the insurance agent exam witnesses candidates of diverse careers appearing for the exam. Besides proper guidance and assistance in work are provided by the seniors who create an environment of growth through learning. Adequate training would be provided during the probation period until you become a successful insurance agent.

Cracking the exam depends upon luck:

luck

The luck factor does not justify the clearance of your insurance agent exam. Getting through the insurance agent exam depends on the amount of your hard work and dedication. Thus it is wrong to state that one cannot succeed in the insurance agent exam despite his eligibility and good performance.

Self-study is not sufficient:

Yet another myth persists over the factor concerning the mode of study. According to this myth, one shall opt for regular coaching classes to pass the insurance agent exam and for which self-studies would be considered weak. Contrary to the misbelief, one can easily pass the exam by conducting a proper time on self-study. There is no need for long-duration coaching classes that consumes the maximum amount of your time.

People with higher IQs can get through the exam:

Well, this information is untrue to the best of the knowledge. IQ is never a factor concerning the insurance agent exam. To be brief with the context, the insurance agent exam is all about sharpening your skills related to the relevant topic of insurance. It has nothing to do with a whole lot of external knowledge, unlike the case of civil examinations.

These myths harm the preparation of the aspirants, thus offering a chance to back out from the chosen career field. The irrelevant knowledge and false assumptions often mislead the candidates over selecting their desired career path.

This article is specially designed to drive out the present myths in the minds of the candidates who want to fulfill their career in this field. So go ahead, breaking the boundaries of the fear arisen by the myths and give a kick to your career as an insurance agent and to know more about the insurance agent exam click here.

We wish you all the best!

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Cyclical Unemployment Refers To? – A Detailed Guide

What is cyclical unemployment? What does cyclical unemployment refers to? How to determine the cyclical unemployment rate? When does this unemployment rate rise and what are its effects? Let’s discuss these queries in detail below. Individuals who lose their jobs during the recession are known as clinically unemployed. The jobs are created after the recession ends. Moreover, this is one factor among several that contribute to total unemployment, including institutional, frictional, structural, and seasonal factors. Cyclical Unemployment Definition Cyclical unemployment is an element of overall unemployment that results directly from cycles of economic downturn and upturn. In this unemployment, the labor forces are eliminated as a result of business fluctuations or cycles in the economy. The rate of cyclical unemployment is low when the economy is at its tip or undergoing constant growth. The number of unemployed workers surpasses the number of job vacancies in the job market. Due to a drop in production, fewer workers are required resulting in job layoffs. Examples Of Cyclical Unemployment The best example of this unemployment is when construction workers were laid off during the Great Recession following the financial crisis of 2008. Another example of cyclical unemployment is the increase in layoffs as a result of the COVID 19 pandemic. During this period, many loosed their jobs and wages and the US government passed an economic stimulus package to assist those hit by the pandemic pay their bills. You can also check: How to Choose the Right Commercial Collection Agency. Cyclical Unemployment Refers To Cyclical unemployment refers to a year to year fluctuations in unemployment around its natural rate. Besides, this is closely associated with the short-run ups and downs of economic activity. In this unemployment, you will see the regular ups and downs, or cyclical trends in growth and production, as measured by GDP, that occur within the business cycle. Those workers who are no longer needed will be released by the company, resulting in their unemployment. Thus, this unemployment is highest during an economic recession and is lowest during an economic expansion. How To Calculate The Cyclical Unemployment Rate? The formula for the cyclical unemployment rate estimates for the other two kinds of unemployment and their rate as well. Cyclical unemployment rate = Current unemployment rate - (Frictional unemployment rate + Structural unemployment rate). The rate of unemployment constantly changes when the economy enters and reenters business cycles. The average time frame for a sales cycle during a return may be only eighteen months or so. However, when the economy settles down into a hole, the cycle could take ten years or more to be achieved. At the same time, keep in mind that high or low cyclical unemployment is only temporary. When Are The Causes Of This Unemployment Rate And What Are Its Effects? Cyclical unemployment occurs during a recession. The causes of this unemployment are the same as the causes of recessionary periods. In this period, a temporary increase in economic activity is fulfilled. This newly unemployed have more layoffs, less business revenue, lowering demand, and less disposable income. It was not enough when monetary policies were executed at the time. The primary causes of this unemployment rate are: Market Crash The recent market crash contributed to causing cyclical unemployment. The financial impact was far-reaching and millions of people who were employed in big firms lost their jobs. These crashes led to a decline in employers and expand as a level of uncertainty is produced. Negative Multiplier Effects The multiplier effect determines the chain reaction that a decline in demand has. This demand not only affects the local store or supermarket but also the goods, butcher, and the farmers. Hence, a decline in demand ends up affecting more industries and numerous areas at the same time. Decline In Demand The primary cause for Cyclical unemployment is when the demand throughout the economy fades. Once demand starts to fall, firms don’t need to buy as many products and services as needed. You may like: Dutch Locksmithing Company Reveals How to Get Best Prices. Other Types Of Unemployment The other types of unemployment that economists recognize are described below: Frictional Unemployment Frictional unemployment determines the time that elapses when an employee is transitioning from one job to another. Many individuals consider this as a positive cycle of unemployment as it symbolizes that people are going into new and usually higher positions. Seasonal Unemployment This unemployment occurs due to periods of high interest in certain sectors and also happens as requirements shift from one season to another. This category can accommodate any worker whose jobs are dependent on a specific season. Institutional Unemployment This unemployment includes the components of unemployment attributable to institutional arrangements, such as high rates of unionization, discriminatory hiring practices, and high minimum salaries. Structural Unemployment Structural unemployment is caused by major shifts in the makeup of the economy. It is a mismatch between the demand and supply for specific skills in the labor market. Read more: How To Increase Your Chances Of Getting Hired During A Pandemic. The Final Thoughts Cyclical unemployment refers to a year to year fluctuations in unemployment around its natural rate. Many individuals even described that cyclical unemployment as a result of businesses not having enough demand for labor. Hence, this is all about this unemployment type that you must know at the earliest. Read Also: Clicka Jobs USA – Why It Is Making Headlines? Why Entrepreneurs Should Pay Attention To Cryptocurrencies Is Computer Software Prepackaged Software A Good Career Path?

How to Spot an Elite Project Manager

Every entrepreneur wants to achieve growth and success in their businesses, one aspect that is very important in every business is the people who work for it and especially their leaders. A project manager must ensure that every project that the business is working on succeeds without failure or waste of resources. In this case, a project manager is expected to have topnotch skills and be strategic in everything he does. Being a leader, they are also expected to not only direct their respective teams but also exercise collaboration with everyone involved. Learn how to identify an elite project manager by checking for the following attributes. 1. Reliable Judgment: A project manager is like any leader and is expected to make many important decisions in the company. He must also be able to strategically prioritize tasks at work to ensure that every aspect of each project is taken care of. His judgment in every decision is very important, and this includes his ability to determine project scope, budget, job scheduling, resource allocation and job assigning to every person in the team among other responsibilities. Brian Setencich warns that if a project manager makes a poor judgment in any of these responsibilities, the entire project is affected. 2. Communication Skills: The project manager is expected to direct other people involved in the project and therefore must communicate all of his directives effectively. Also, a project is usually carried out by different people and everyone involved including the leaders is expected to work on building a positive relationship with other members of the team. The project manager should be able to communicate his directives and instructions in a result-oriented manner. An elite project manager should be able to ask the right questions, address everyone respectively and also listen to his team members because when they are free with their leader, it becomes easy to express their opinions and creativity. 3. Enhance Other People’s Skills: An effective manager is one who can spot a strong opinion from his subordinates and is willing to listen and implement it in the organization if considered viable for the project. People feel more motivated to do more when their opinions and creativity is valued. A project manager should, therefore, give these people the freedom to showcase their skills and talents without limitation. If possible, he should also push for training and development of his team members for better results with the project and the overall performance of the organization. 4. Ability To Think And Act Strategically: A project manager holds a very strategic position in an organization and therefore must be very tactical in every decision he makes. Brian Setencich insists that a project manager should be able to see the big picture in every aspect of the project he is managing and then direct others towards that vision. He is supposed to be very strategic when making every administrative and financial consideration. Another important consideration an elite manager is supposed to make is on how to assign jobs in the project whereby he matches skills and tasks in question without being biased. 5. Ability To Manage Risks: The world today is changing at a high rate, and it is only those who are prepared for change who will be able to survive and thrive in such times. For instance technology advancement is very rapid and the internet keeps on introducing new aspects to people’s personal lives and businesses. Some of these changes might come as risk factors for a specific project, and a good project manager should be prepared before damage happens. An elite manager should remain active and agile in their mindset so as to effectively manage risks as soon as they are anticipated. Recruiting leaders in a business can be more overwhelming than when acquiring any other employee because of the solidity of skills required. If you are hiring a project manager and you are not sure how to acquire an elite one, then consider working with an experienced employment agency. Read Also: Perfect Resume Samples For Every Job How To Live Healthily Even If You Have A Full-Time Job Is Your Company Offering Enough To Potential Employees?

Why Use A Free Resume Builder For High School Students?

Entering the job or internship market as a high school student can be intimidating. Plus, writing your first resume can feel overwhelming. Fear not, because free resume builders for high school students are here to help! These platforms allow students to create professional-looking resumes with no prior experience needed. Easy-to-use, ATS (Applicant Tracking System)- friendly layouts and modern designs make these the best resumes for showcasing academic accomplishments, extracurriculars, and volunteer work. Below, I’ve outlined the best free resume builder tools specifically designed for high school students, along with some helpful tips and tricks. Resume Builder For High School Students Free Without any further ado, let’s get into the free tools that will help you in your future. 1. Canva: Drag-And-Drop Simplicity Canva is one of the best design platforms offering many resume templates for high school students. It is even easy to use with the drag-and-drop interface. In fact, you can also easily customize your resume to fit your style and taste. You will need no design skills to work through the application features. A large selection of free, professionally designed templates will appeal to many users. Allows creative resumes with color and layout variations. Resume Tips: Use templates that balance creativity and professionalism. The design should not overpower the content of your resume since the purpose is to present your conceptual skills and experiences clearly. 2. Zety: ATS-Friendly Templates Among the free resume builders for high school students! Zety provides templates that will get through the ATS, which is important if you apply to larger corporations. ATS is an applicant tracking system that could get some of them to use this software to filter resumes. So, your resume needs to be ATS scannable. Do not worry! With Zety, your resume comes out already ATS approved. They also provide real-time tips as you build your resume, so you do not doubt what’s expected. Why It’s Great for High School Students: Provides ATS-compliant templates. Gives you comments for each part as you are writing it. You get the resume free when finished. Resume Tips: Avoid overly creative designs if you apply to corporations or internships with strict ATS systems. Stick to clean, simple formats that highlight key information. 3. Resume.com: The All-Rounder If you're looking for a free online resume builder for high school students without experience creating one, we've got you covered! These templates are downloadable and easy to use, so you can spend more time doing what you love. The best part is that each download comes with expert advice on creating an effective high school resume. It's free, and there's no charge at any time. Simple interface, perfect for beginners. Real-time previews as you type so you can see exactly what your resume will look like. Resume Tips: The first section of your resume should introduce you to the reader positively and enthusiastically. If you are a high school student, this is usually not an issue, and you can move on to the next section. 4. Kickresume: Customization With Real-Time Tips Kickresume is a resume builder that enables you to create, edit, and share your resume. All in one! It also offers customization resources with pre-written real-time tips and samples. For people who have never created a resume, this application also has them covered. Yes, you will get a quarter of a million resumes for inspiration. Why It’s Great for High School Students: Customizable templates with real-time suggestions. Access to templates for various fields. Free option but only with access to basic tools. Resume Tips: List your extracurricular activities and volunteer experiences. These are valuable when you don’t have much job experience. Tailor them to reflect relevant skills like leadership or teamwork. 5. VisualCV: Portfolio And Resume Combo Want to send a CV alongside the cover letter? This free resume builder for high school students is the one for you! VisualCV allows students to build a resume/portfolio hybrid, which is great for creative fields like design or media. You can craft a PDF visual resume or build a portfolio from scratch. Ideal for students with creative projects or personal websites. A free version is available and has basic features. Resume meets portfolio all in one place. Resume Tips: If you’re applying to creative fields, use VisualCV to share your school projects or other work outside of class. You can even include a link to your website or portfolio. 6. Indeed Resume Builder: Built For Job Seekers While primarily a job search engine, indeed also provides its users with a resume-builder tool. Plus, it is very helpful for high school and college students. In fact, their resources are simple to use. Once you are done creating your resume, you can also apply for jobs with just a click of the mouse through the same application. Why It’s Great for High School Students: Quick and easy interface. Resume Tips: Use the resume builder to make a resume with a foundation for jobs. 8. Novoresume: Professional Templates With Extras Novoresume offers premium and free resume templates. However, you do not need to pay for the advanced features if you are new to resume-making. Because whatever you need as a student, you don’t need to pay to get access to good-looking ATS-compliant templates. Why It’s Great for High School Students: ATS-optimized, modern templates. Step-by-step instructions on what to include. The free version contains all the important features. Resume Tips: Be sure to add in any special skills you have, such as being good with software (i.e. Microsoft Office, Adobe Suite). High schoolers usually forget this section and it’ll make you different from others applying. 8. ResumeGenius: Step-by-Step Guide ResumeGenius will walk you step-by-step through the resume creation process. Therefore, ensuring you do not miss anything when creating your first resume is particularly useful. Because It’s Awesome for High Schoolers: Simple step-by-step. Pre-written bullet points you can customize. ATS-friendly templates. Resume Tips: If you’re having trouble writing your experience or skills section, ResumeGenius has many pre-written examples. This can help you tailor your resume. In fact, it's particularly helpful if you don’t know what to write. 9. MyPerfectResume – Pre-Written Examples For starters, MyPerfectResume, a free resume builder for high school students has one of the largest pools of pre-written examples on the internet. If you don’t know how to put your skills or experience into words, it gives you ideas by sending lists of phrases everyone uses. However, do not overdo it because it will make your resume sound too cliche! Why It’s Great for High School Students: Offers examples you could use right away. Possibility to easily alter the patterns. Download resumes in several formats. Resume Tips: Use their examples as a starting point, but always personalize them to reflect your ideas and experience. Even if you’re using a sample, ensure it’s for the same reason as your intended role. Enhance Template - For All the Fancy Resume If you are one of those who wants their resume to look close to perfect, then this is for you! Enhanced templates are visually appealing without compromising professionalism. You’ll get basic templates as a free user, but they are more than enough for a student entering the professional arena. Why It’s Great for High School Students: Free templates that have basic features. Drag-and-drop sections. Customizable layouts that are still professional. Resume Tips: Choose a design that reflects your personality but doesn’t distract from your qualifications. Avoid overly complex designs that may be hard to read. How To Make The Most Of Your Resume Builder Tools Now that you know what the best free resume builder for high school students, here are a few additional resume tips to perfect it Proofread Everything: Even if the tool says they do this, never use something without doing manual proofreading. You don't want a typo in what could have been the perfect resume. Tailor Your Resume: Make sure that every resume you send out has specific information relevant to the employer you’re targeting. Highlight skills and experiences most applicable to the position for which you’re applying. Keep it Concise: Generally, employers and intern coordinators prefer a one-page resume. This is usually enough space to include all necessary information. Only include the most important things employers need to know about you, and don’t include “fluff” or irrelevant information. Use Action Verbs: Try to begin each bullet point in your experience section with an action verb. Leading with passive language dilutes the impact of your achievement. Emphasize Soft Skills: Soft skills, like leadership or problem-solving, can make a big difference in any role. Be sure to emphasize these as well. Happy Job Hunting! It might seem like a lot of work to create a resume, but with the right tools and helpful tips, it's not as tough as you think. If you're applying for part-time jobs, internships, or scholarships, these great free resume-builder apps will guide you through creating an awesome resume! In fact, high schoolers can do it all themselves — for free! Just make sure to tweak each resume for each job or opportunity to make yourself stand out! Read Also: Student’s Guide: 14 Essay Types from the Easiest to the Hardest One 8 Tips for Tech CV Writing to Highlight Skills & Experience Is Hotels/Resorts A Good Career Path In 2021

6 Common Myths busted for the insurance agent exam

General myths regarding insurance agent exam:

Followings are the common myths about the insurance agent exam:

Need for high educational qualification:

The requirement of a good command in English:

It is better to belong from a commerce background:

Cracking the exam depends upon luck:

Self-study is not sufficient:

People with higher IQs can get through the exam:

Career Options after 12th Science

Possible Reasons Why Your Employees Aren’t Too Productive and What to Do About It

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Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

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Cyclical Unemployment Refers To? – A Detailed Guide

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6 Common Myths busted for the insurance agent exam

General myths regarding insurance agent exam:

Followings are the common myths about the insurance agent exam:

Need for high educational qualification:

The requirement of a good command in English:

It is better to belong from a commerce background:

Cracking the exam depends upon luck:

Self-study is not sufficient:

People with higher IQs can get through the exam:

Share this Article

Career Options after 12th Science

Possible Reasons Why Your Employees Aren’t Too Productive and What to Do About It

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

Leave a Reply

Popular

Follow Us

Recent

Related