katzklinge5
User Name: You need to be a registered (and logged in) user to view username.
Total Articles : 0
https://www.linkedin.com/pulse/what-bestcheapest-young-drivers-insurance-company-john-jones
One of the biggest reasons for the increasing popularity of insurance sales in the State of Iowa is that the Independent Insurance Agents of Iowa IIA Act was enacted in 1994 The IIA Act permits the selling and marketing of insurance products services plans policies and annuities through one of the IIAs state licensed insurance agents In a typical IIA agent contract the agent is responsible for handling all insurance related tasks including insuring his or her clients The IIA Agent has the responsibility of carrying out the insurance related duties in conjunction with the clients insurance carrier IIA agents have the freedom to sell their own products and services to their individual clients In addition the IIA provides independent insurance agents with a variety of other advantages including o Independent IIA agents have the right to set their own rates commissions and overhead costs Additionally IIA independent agents are not obligated to accept any commission from a client if they do not want to o The IIA independent insurance agent may offer discounts rebates and other similar offers on their own products and services As an example the IIA independent agent may agree to accept a percentage of the first time premium payment if the customer purchases health insurance with the IIA agent This may be beneficial for the IIA independent agent but it may also be financially beneficial for the client o IIA independent agents are not required to submit to a state examination for the privilege to sell insurance Additionally independent IIA agents are not required to hire an underwriter or a financial advisor In fact the IIA independent agent may do all of these things without ever having to consult with a financial planner Independent IIA agents may also provide free initial advice and consultations to their clients o The IIA Act allows IIA independent agents to list their own names and telephone numbers on the Internet As long as the IIA independent agent adheres to certain guidelines they can use a domain name to represent their company rather than a companys full name Furthermore the IIA independent agent can list their state license number on their website The IIA independent agent may also use a logo business card or other graphic image file on their website that represents their company o An independent IIA agents knowledge and experience in the insurance industry are critical to the success of their business When a client buys their first policy the agent will educate them on the benefits and costs of the insurance product as well as the options available to the client o best insurer for young drivers contains the full listing of all IIAs agents in the state Each IIA agents license number phone number address and physical location are listed in the contract The contract is signed by the client on behalf of the agent and the contract is then delivered electronically or by mail o Insurance Agents of Iowa has developed a unique system of online and inperson consultations A client chooses an IIA independent agent agrees to an initial consultation and then agrees to receive follow up consultations The followup consultations provide the client with more information and more options about the insurance product o If a client cannot make an initial consultation an IVA independent agent may choose another IOA independent agent They may request a second or third consultation If the client is unable to make an initial appointment the IVA independent agent may contact another IVA independent agent o Once an IOA independent agent has determined that the client is qualified to purchase a policy through an IIA independent agent of Iowa they may contact an IIA agent of Iowa in order to establish an initial relationship between the IIA independent agent and the client The IIA independent agent then submits a proposal to the insurance company o The IIA independent agent may also work with the IOA agent to provide the client with the most appropriate package for their needs When the client accepts an offer from an insurance company the IIA independent agent collects a commission on the sale of the insurance policy from the insurance company If the client does not purchase a policy from the insurance company the IOA independent agent pays the commission to the IOA independent agent of Iowa This arrangement is called a net commission
