6 Common Myths busted for the insurance agent exam

by

30 November 2019

Job & Career

insurance agent exam

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:

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:

IQ

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!

Read Also:

 

I enjoy writing and I write quality guest posts on topics of my interest and passion. I have been doing this since my college days. My special interests are in health, fitness, food and following the latest trends in these areas. I am an editor at Content Rally.

View all posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Related

how many jobs are available in major pharmaceuticals

How Many Jobs Are Available In Major Pharmaceuticals?

If you want to know how many jobs are available in major pharmaceuticals, the answer is many. majoring in pharmaceuticals is a good career path for medical students. Making medicines to treat and cure diseases is a necessity for survival Why the field of pharmaceuticals is one of the most important in the world. Getting a job in this sector means that you will be able to help humanity combat the reasons for death. You will be able to create drastic changes in people's lives and help them lead happier lives. It’s a prestigious opportunity that a medical student should never miss out on. But how great is it for you to make a career in this field?  Let’s find out! How Many Jobs Are Available In Major Pharmaceuticals? If you ask how many jobs are available in major pharmaceuticals, then there are many jobs available in this sector. Some of the highest-paying major pharmaceutical jobs in this sector are: 1. Pharmacologist Average Annual Salary (USA): $83,000 The job of a pharmacologist is to create new medicines for people. Without new medicines to combat the effects of various diseases, many lives will be lost. Therefore, creating new medicines is a must for the pharmaceuticals department. However, being a pharmacologist requires you to achieve a high-level degree and a lot of experience too. Therefore, it takes work being a pharmacologist. You also need to do a lot of research. It’s not easy, but the opportunities and pay are great. 2. Clinical Research Manager Average Annual Salary (USA): $92,000 Clinical research is one of the most important tasks in the pharmaceutical industry. Working in tandem with pharmacologists, the job of a clinical research manager is to oversee various clinical research processes. As a clinical research manager, you must ensure that the research program goes as smoothly as possible. Like the job above, you need a high-level medical degree and in-depth knowledge of the research being conducted. In addition, you need to oversee a lot of work and get paid handsomely for that. 3. Medical Writer Average Annual Salary (USA): $100,000 Writing about various developments in the field of pharmaceuticals is an important task. Doing so will further enhance and progress the research processes of various pharmaceutical firms. Therefore, the job of a medical writer is to write about every major development made in pharmaceutical research. To get this job, you need a high-level medical degree and a vast knowledge of pharmaceutical research. In addition, you need to be good with your language of choice since you need to be a good writer as well. 4. Clinical Research Coordinator Average Annual Salary (US): $55,000 As a clinical research coordinator, your job is to manage the various daily requirements of ongoing research. Therefore, you will not directly take part in the study a little. However, you need to have proper knowledge of the research being conducted so that you can manage it better.  While lower in position than a Clinical Research Manager, your task is to ensure that all daily research gets recorded. In addition, you need to ensure that proper communication is set up between all the departments involved in research. Also, you have to report all daily findings to the Clinical Research Manager. 5. Clinical Research Associate Average Annual Salary (US): $60,000 Your job as a clinical research associate is to assist more experienced pharmaceutical researchers. You will be helping them with all their research work. Therefore, this job is more of an entry-level job as a research assistant.  This will be a very good job for you after you complete your post-graduate studies. You will see that many clinical research associates are just bachelor's degree holders. Here, you will be required to take part in clinical trials. 6. Drug Safety Scientist Average Annual Salary (US): $100,000 Sometimes, drugs can have various side effects on humans after we consume them. Even if they are made for treating diseases, they can lead to various detrimental side effects if precautions remain unseen. Therefore, a drug safety scientist is required to ensure that the effects of drugs in production are safe. Working alongside a pharmacoepidemiologist, you oversee the side effects of various medicines and figure out their causes. Click Here To Read More: How Many Jobs Are Available In Industrial Machinery/Components? 7. Microbiologist Average Annual Salary (US): $55,000 Bacteria and other forms of microorganisms are some of the leading causes of various diseases in us humans. Therefore, researching these microorganisms as a microbiologist is important in modern pharmaceutical studies. This is because having more knowledge of them will make it easier for medical researchers and pharmacologists to create antibiotics. In addition, having more antibiotics of various kinds will make it easier for us to stay safe from microbial diseases. 8. Quality Assurance Technician Average Annual Salary (US): $38,000 As a quality assurance manager, you must ensure that all the medicines are manufactured without any defects. This is an essential job since defective medicines can do more harm than good to people consuming them. Therefore, a quality assurance manager is a pretty important post in the field of pharmaceuticals. Here, you will be tasked with overseeing the manufacturing process of medicines to ensure that no defects can take place. This is another entry-level job that you can apply for after graduation. Have a look at what companies are in the consumer services field if you are interested in this job. 9. Toxicologist Average Annual Salary (US): $75,000 Understanding what causes various diseases in humans is a very important task. If you do not understand what causes diseases, how will you make medicines to treat their effects? As a toxicologist, you will be researching various samples from patients. This includes blood samples, tissue samples, and various other samples. Finding out the root cause of diseases is the essential first step to creating medicines to prevent and treat them. 10. Pharmacoepidemiologist Average Annual Salary (US): $78,000 While it's important to do research to create various medicines for the population, its after-effects can vary. Some drugs can perform well in the market, being effective in the treatment of various diseases. However, many new drugs have been known to cause a lot of health issues and side effects. Therefore, to measure the efficacy of new medicine in the market, a pharmacoepidemiologist must record its effects on people. Their job is to identify various side effects and report them to firms that have created those medicines. If you are interested in this job, read this post related to whether is marine transportation a good career path? Frequently Asked Questions (FAQs): The answers to various questions related to how many jobs are available in major pharmaceuticals are: Q1. How Many People Are In The Pharmaceutical Industry? Currently, more than 4 million people are working in major pharmaceuticals. Out of this, 50,000 are from the USA alone. Q2. What Is The Pharma Capital Of The World? Many consider Hyderabad, India, to be the pharma capital of the world. This is because many pharmaceutical companies exist in the city, especially various production and research centers.  Q3. What Is The Biggest Challenge Facing The Pharmaceutical Industry Today? Due to the Covid pandemic slowing down production, a declining supply chain is one of the major issues plaguing the major pharmaceuticals industry. Q4. How Big Is The Major Pharmaceuticals Industry? Currently, the major pharmaceutical industry in the US is worth $430 billion. Out of this, $305 billion is generated from domestic sources. Conclusion! If you wish to build your career as a medical student, the major pharmaceutical industry will be a great choice. This is the reason why you should know how many jobs are available in major pharmaceuticals. There are many jobs in major pharmaceuticals, most of which are pretty high partying also. This includes various positions like that of a pharmacologist, clinical research manager, toxicologist, pharmacoepidemiologist, and lots more.To learn about job opportunities in various fields, leave a comment below about which industry you would like to know about next. Also, remember to check the other posts here at Content Rally! Read Also: Best Paying Jobs In Property – Casualty Insurers How Many Jobs Are Available In Property-Casualty Insurers? How Many Jobs Are Available In Telecommunications Equipment?

READ MOREDetails
is property-casualty insurers a good career path?

Is Property-Casualty Insurers A Good Career Path?

Is property-casualty insurers a good career path? Our world is changing so quickly that the insurance industry is just growing and looking for new methods to shield people from any type of harm. Property-casualty insurance actually can be a wonderful career choice for you if you love working with customers and assisting others. Therefore, if you want to pursue a career as Property-Casualty Insurer, then read this guide till the end. Here, I have explained why this career choice is a good one, along with what the highest-paying jobs are. Why Is Property-Casualty Insurers A Good Career Path? Why is property casualty insurers is a good career path because: 1. Highly Flexible Job You will have a lot of freedom to choose the kind of work you do when you work in this industry. Property-casualty insurance provides a wide range of different options, from underwriting through sales. 2. A Sense Of Entrepreneurship Image Source It's usual for agents to leave their employer after gaining credibility to either being their very own venture of a modest firm as a division of a bigger insurance company or in order to become an independent insurance. 3. Negligible Entry Barriers The barriers to entry are pretty less compared to other industries. This is because you only need to pass a licensing exam, and that's it. As soon as you pass the exam, you can full-fledged become a Property-casualty Insurer.  Best Jobs In Property-Casualty Insurance Property-Casualty insurance providers must adapt to changes, which is why there is significant demand and high compensation for these positions. To understand why is property-casualty insurers a good career path, it’s because you can earn lots of money by becoming: 1. Landlord Insurance Agent Agents for landlord insurance assist owners of rental properties. This particular type of insurance mostly covers both property and liability, protecting the landlord from different types of monetary damages. This can vary from the actual home to additional buildings or personal items required to maintain the rental. Agents may earn more money by working in prosperous locations. Additionally, you should be driven to follow up with clients and possess excellent people skills. For individuals who are new to the industry, this might be a wonderful chance as the majority of landlords want to preserve their assets and interests. 2. Homeowners Insurance Agent In the event that something threatens the customers' safety, homeowner's insurance helps safeguard their houses and any assets. Theft and fire may be examples of this. Agents that deal with home insurance, always are knowledgeable about liability insurance and can best safeguard their customers. Homeowners Insurance Agents will earn more money if they work in a prosperous city like New York, California, San Francisco, or Norwalk. In this sort of employment, it is indeed critical to be affable and have strong salesmanship as you will be working with clients the majority of the time. 3. Property And Casualty Insurance Agent An individual who provides insurance for houses, personal belongings, cars, and commercial assets against legal judgement or physical harm is known as a property casualty agent. In an usual customer-facing position, you would speak with potential customers to learn about their insurance requirements. You must posses strong customer service and sales abilities, as well as excellent organization and attention to detail in case you wish to become successful as a Property Casualty agent. This work includes a hefty amount of information pieces gathering and determining fair prices. This implies that you'll spend most of your time working from your home desktop. 4. Insurance Entrepreneur Becoming an insurance entrepreneur is a terrific option for starting a small business. These people run a firm that is often affiliated with a bigger organization and offer insurance to their neighborhood by forming alliances with nearby businesses. Making a living off of your own business is a lot of work, so be sure you're up for the challenge. These might range from employee training to sales, budgeting, and customer service. You must either look after all these duties all by yourself or you can appoint somebody who can. 5. Condo Insurance Agent Selling and promoting insurance products and services to clients is the main duty of condo insurers. Condo insurance specialists are knowledgeable about the industry and can provide clients with the practical advice and direction they need to select the best coverage. It's critical to comprehend all the alternatives you may provide your consumers and to clearly communicate them if you want to be successful in the condo insurance industry. Here, sales abilities are crucial. There are several choices for condo insurance agents, depending on where you reside. This employment is frequently in great demand if you work in a city. How To Start Your Career In Property-Casualty Insurance? To become a property-casualty insurer, you must: 1. First, Pass The State's License Test In order to sell insurance, you must be licensed in the state where you want to work. As with the minimum passing score and the overall pass rate, the licensing procedure differs by state. 2. Passing The Property And Casualty This test can be attempted with 35–40 hours of preparation. Instead of cramming everything into one week, it is advised to study over a few weeks. 3. Use Practice Tests There are many Property and Casualty practice tests accessible. These might assist you in determining how effectively you are learning the material you are studying. 4. Take A Test Preparation Course To earn the Property and Casualty license, it is advised to attend an insurance certification course, even though not all jurisdictions mandate it. Frequently Asked Questions (FAQs): The answers to some questions regarding why is property-casualty insurers a good career path are: Q1. What Are The Biggest Risks Facing Property Casualty Insurers? Ans: The biggest risks that a property-casualty insurer faces are:➊ Increasing competition in this profession.➋ Technological advancements lead to the constant change in the field.➌ Operational costs are increasing every day.➍ The technology used and its infrastructure are outdated to current insurers.➎ Engagements with customers are becoming more complex. Q2. What Is The Largest Property And Casualty Insurance Company In The US? Ans: In the USA, the biggest Property-Casualty Insurance company is State Farm. Financial reports in 2021 indicated that this firm has $71 billion in bonds, along with a 9% market share.  Q3. How Property And Casualty Insurers Make Money? Ans: They have the option of making money via investments, underwriting, or both. If you have a closer look at an insurer's assets, the majority of them are financial holdings. They are usually in the form of listed shares, corporate bonds, government bonds, and commercial real estate. So Do You Want To Pursue A Career In Property-Casualty Insurance? Is Property-Casualty Insurers a good career path? Yes. Indeed! A career in property-casualty insurance is a smart choice.  The market for property and casualty insurance is expanding. In this vast industry, there are many employment positions that call for a range of skills and abilities. Many people find that working in this setting is the ideal career because it can be both satisfying and lucrative for employees. Read Also: How to Start Your Career as a Financial Advisor? Are Commercial Banks A Good Career Path In 2022? The Top 3 Reasons That You MUST Get Equipment Insurance Before Starting Your Job

READ MOREDetails
Carpenter Jobs

How To Make Sure You Have The Best Deal On Your Carpenter Jobs?

Nowadays, a job advertisement does not suffice. There need to be proof of skills and expertise for you to believe that someone has the professional skills and know-how on specific technical works, such as carpentry. Carpentry is a field of work that needs knowledge, skills, expertise, and enough experience. It is hard to hire a carpenter that you only see in advertisements. It is essential to set your standards in getting deals and hiring a carpenter. Carpenters can do a wide range of work such as building your home, home expansion, renovation, and even your furniture and cabinets. It requires a person who can align work with the time and is willing to put professional effort and passion into the service you need. If you think it is a crucial journey to get the best deal for carpenter jobs, worry no more because you are just a few clicks away from getting the best deal near you. You can get a local and licensed carpenter from Service.com.au, and your needs for quality service are valued. You just have to post a job, and the carpenters will see your job posting and offer you deals for carpentry services. You can get free carpenter quotes and evaluate offers to choose the one that best fits your standards and the service you are looking for, and the budget that you have to accomplish the professional work for you. How To Get Best Deal On Your Carpenter Jobs? Here are tips and guides on how you will ensure that you get the best deal for carpenter jobs. Online directory Service.com.au is an online trades and services directory that is trusted and well-known in Australia. You simply post a job on the website and enter the necessary information about the kind of carpentry service that you want for your home and landscape area. You will get multiple free quotes for your job and you can select the one that works for you. No more scouring the internet to find local carpenters or calling up friends and family to ask for recommendations. All the tradies on Service.com.au are licensed and insured so you don’t need to work about getting someone who is shady. Service.com.au will help you find the best and nearest local trades and service providers without stress and hassle. Get Carpenter Quotes The first thing you need to do to find out - how much do carpenters cost. Then you can secure a good carpentry service deal is to get carpenter quotes. When you get carpenter quotes for a specific carpentry service that you would like to have, you can grasp the cost of a professional carpenter work that you need. Hence, you can prepare enough budget to pay the carpenter that best suits standards. You should also compare these quotes to choose among offers and compare the most beneficial for you. You must compare quotes for the sake of getting the best offer and service near you. After all, carpenters can do a wide range of work, and they have a unique brand of service to offer, which are all significant and beneficial to different kinds of clients. Negotiate For The Best Deal Negotiating does not need to be scary or stressful. It is important to communicate your intentions in getting the best deal for carpenter jobs. The best way to bid for your home and landscape project is to have multiple carpenter quotes, compare, choose the best individuals that you consider, and hire the best among your remaining choices. When you already have a list of carpenters that you consider, you can examine their offers and negotiate about the carpentry service that is mutually beneficial for you and the carpenter. Make sure to be fair enough in paying for their service as well. You can also consider the following practices in negotiating your way to the best deal for carpenter jobs. Pay A Reasonable Price Good compensation attracts hard work. When negotiating for the best carpenter deal, make sure that you are willing to pay a reasonable price for the service they offer. When you can give them assurance that you are an honest and consistent client when it comes to payment, you can gain their trust and work harmoniously together for your household and landscape project. Say That You Are Getting Multiple Bids You can tell carpenters that you are getting bids and looking for a cost-efficient and quality service that the industry has to offer. Through that, carpenters can offer the best of the services they offer. It can also push them to make the necessary and adjustments to meet your standards. Just remember that your standards should be reasonable and realistic. Make sure to be wise in choosing the right carpenter and collaborate accordingly. Also Read: 4 Upgrades Every Modern Call Center Needs Is Commercial Banks A Good Career Path In 2021? Is Other Consumer Services A Good Career Path In 2021?

READ MOREDetails