If you are mulling over options for your career, there are several things to consider before taking the plunge as a licensed life insurance agent. It is, unfortunately, common that people, in general, consider life insurance to be a daunting subject. In fact, not many people are excited about discussing their own mortality, especially with a stranger. There are also other intimidating factors that are associated with life insurance such as not understanding how it works, the costs, the hidden taxes and let’s just face it; it is not the most exciting topic. However, the combined factors of complexity, dullness, expense, and subject matter can lead any intelligent human to overlook the critical decisions necessary to make great financial decisions. Sometimes, people do not buy enough life insurance to cover all of their needs and many of those who do buy enough make mistakes, and end up with insurance that is not beneficial.
Consumers need to consider several issues before they drift into the life insurance tides surrounding them. It may not seem like the cool investment to make at a young age but often many find themselves to be in love and with a new family within a year. Most young adults don’t even consider their options, should something happen to them. Tom Brough Chicago says that by starting young, you guarantee your insurability, provided you keep paying the premiums. If you can quantify the value of life insurance and be diligent in understanding the nuances of policies, then you can be a successful life insurance agent.
Tom Brough of Chicago is a financial expert who formed Brough Investment Advisors in 2009 after he had successfully completed a certified financial program at Northwestern University. He has been a financial advisor for many years. He has worked as a broker at several Chicago-area brokerage firms, and also as an independent broker and received a degree in finance from DePaul University.