Top 7 Reasons New Insurance Agents Fail To Reach Success

There can be multiple reasons that contribute to a new insurance agents failure. Here are the most common reasons have found that lead to failure.

Most Insurance Agents have a Limited product portfolio and are unable to cross sell other insurance products.
Agents don’t have a proven sales track or sales system to follow which most new insurance agents need to get results quickly.
They don’t create consistent cash flow from insurance sales quick enough and must leave the insurance business to go back to an hourly paying job just to survive.
New Insurance Agents start out in the insurance business with little or no reserves to fall back on. Most businesses require some upfront capital or reserves to get started.
A lot of agents do not get enough training (Product or Sales) to give them a fair chance of making it in the insurance business.
Insurance Agents are not taught effective prospecting and marketing techniques that generate a consistent flow of sales prospects.
Some people simply don’t have the drive, work habits, persistence, self motivation or ability to handle rejection that it’s takes to survive in an insurance sales career.From my experience of hiring and training insurance agents over the past 23 years, I have found the following items need to be present in order to maximize a new agent’s chances for success long term in the insurance industry.

A quality multi-product portfolio to offer multiple insurance solutions when different needs are uncovered during the initial fact finding process with a potential client.
A proven sales track and presentation that can be taught and implemented very quickly. One that gets sales results but also generates a generous flow of new prospects and referrals.
An advance commission system that provides weekly cash flow so the new agent can focus on their training and sales, not their bills that are due.
Tools that make learning and growing in the insurance business fun and automatic. (I.e. Archived Training Videos, Health and Life Quote Engines, Live Product and Sales Training Webinars, etc.)
Quality contracts that provide immediate 100% vesting rights and commission growth opportunities to General Agent commission levels.At National Marketing Group we have learned over the years the essential pieces that new agents need to not only survive but thrive in the insurance industry. Our mission statement says it all. “First, to offer the Independent Insurance Agent a support system that provides a platform for success in Insurance Sales. Second, to build long term relationships through a foundation of trust and commitment.”

We sincerely believe the 80%-90% failure rate of new insurance sales agents entering the insurance industry can be significantly reduced when the right agent support system is in place. We encourage you and invite you to join us in this very exciting and rewarding career opportunity. Hope to hear from you soon!

New Payday Loan Regulations Boon Or Bane

This year saw the much awaited payday loan regulations being adopted by six provinces in Canada, the latest being Manitoba which introduced the most stringent regulations in October 2010. Consumer protection forums have been quite vocal about their demands for payday loan regulations for many years now and finally they seem to have had some impact considering the way each province has introduced new rules and regulations with respect to the payday loan industry.

Of course now that these new rules are in place in several provinces in Canada, a new debate has started over whether the new regulations are actually beneficial or are creating a new kind of problem for payday loan borrowers as well as lenders. At the outset, all new regulations have been welcomed by the industry and have had a positive impact for borrowers. The primary objective of these rules; which is to stop unfair business practices and protect consumer rights has been achieved. At the same time, new guidelines for payday loan companies, agents and even brokers has been able to clearly differentiate between the legitimate lenders from those who were simply trying to get the most out of a precarious financial situation of a consumer. In that regard, new payday loan regulations introduced throughout Canada has certainly been beneficial to say the least.

However, there has been a growing concern as well lately with many payday loan storefronts and agencies shutting shop especially in the province of Manitoba. Since October 2010, there have been shutdowns almost every week and has left many of the individuals dependent on these payday loan centers with a worsening financial situation. This has been blamed on the new regulations that had been introduced in Manitoba which is clearly the toughest rules in the country. Even the Canadian Payday Loan Association had warned the respective governments that there would be consequences of the tough stance taken by them. Apart from Manitoba, many payday storefronts in other provinces as well are facing a fight to survive and may end up closing its doors as well over the next few months.

Love it or hate it, the fact remains that many families across Canada use payday loans on a regular basis to ease their monthly financial burdens. Hence analysts believe that while the new regulations being introduced all over the country is definitely a good thing, there has to be some kind of balance that is created so that it ends up as a win-win situation for everyone involved.

Robin Chhabra and Sameer Patel Vs. The Financial Services Authority (the FSA).

In its Decision published on 11 January 2010, the Tribunal has found on the balance of probabilities that Mr Chhabra, whilst an analyst at Evolution Securities, passed price sensitive information to Mr Patel, an experienced spread bettor.
Mr Chhabra and Mr Patel maintain they did not engage in market abuse.

Mr Patel was a prolific trader especially in the stocks concerned. He provided evidence to the FSA that he had legitimate reasons to bet on these stocks in the direction, the size and at the time he did. The Tribunal itself accepted that some of the characteristics of these bets were consistent with Mr Patels general trading strategy. The FSA also inferred that Mr Chhabra was in possession of price sensitive information when Mr Patel placed his bets when much of the evidence suggested otherwise.

Furthermore the FSA and the Tribunal have reached their decisions even after accepting that Mr Chhabra did not benefit financially from Mr Patels trading. Mr Chhabra had no reason to jeopardise his reputation and career by behaving in the way that the FSA allege.

Despite having investigated the matter for nearly 5 years, the FSA failed to produce any firm evidence to support their case. The evidence against Mr Patel and Mr Chhabra is circumstantial, and exists alongside other evidence which suggests the contrary. Not one email, phone call recording, witness statement or evidence of financial dealings between Mr Chhabra and Mr Sameer Patel has been produced which bears out the FSAs view.

With less than a week before the hearing before the Tribunal to determine penalty, the FSA petitioned the Tribunal to more than double the penalty that the FSA themselves had originally decided. By proceeding to the penalty hearing, Mr Chhabra and Mr Patel would have exposed themselves to intolerable financial risk in addition to the penalties originally proposed. The FSA has now accepted that the original penalties stand, but only in return for Mr Chhabra and Mr Patel giving up their statutory right to appeal.

This tactic may discourage potentially meritorious applicants taking their cases to the Tribunal in the future. Applicants could face the jeopardy of the FSA petitioning for a higher fine than originally imposed if they proceeded to defend themselves.

Best Indian Astrologer Hemant Sharma Ji’s Predictions Virgo (kanya) Lagna

The Sun-The Sun is the lord of 12th house. If strong, conjunct or aspected by benefics gives very good results, e.g. finance, estates, health, and fane. A weak and afflicted Sun in his dasa bhukti causes eye trouble, much expenses and penalties from government.

The Moon-The Moon is the lord of 11th house. A strong Moon is very auspicious for wealth, but is bad for health in her dasa-bhukti.

Mars-As lord of 3rd and 8th evil houses, Mars causes much poverty and trouble in its dasa-bhukti to the native of Virgo ascendant. A strong Mars is though good for longevity yet bad for finance and vice-versa. For Virgo an ascendant Mars in 10th house is not strong as is in 3rd from Aries and 8th from Scorpio and conclusively causes loss of life or longevity, but not bad for finance. But for finance it should not be well aspected.

Mercury-Mercury is lord of lagna and 10th house. A Neutral as lord of 10th but to be auspicious as lord of lagna (a quadrant and trine) should be strong.

Jupiter-Jupiter is lord of two quadrants and according to Maharisi Parasara is very much spoilt because loses its auspiciousness completely. Such a Jupiter if weak and placed in 2nd, 6th or 12th gives health troubles and trouble from rulers etc. If Jupiter is placed in a quadrant in own house, it is good for estates, wealth, religious nature and prosperity.

Venus-Venus is the lord of 2nd and 9th houses and gives results as lord of 9th house. In its dasa-bhukti gives wealth, progress, comfort and power etc. A weak Venus is bad for these still gives some wealth.

Saturn-Saturn is lord of 5th and 6th houses. 5th is as much good as 6th is bad, but as the Moola-trikona sign of Saturn falls in 6th, therefore a little evil. This is the reason for which Maharisi Parasara does not consider Saturn to be good for Virgo Lagna.

Good Yogas for Virgo Lagna-
(1)Mercury + Venus.

(2)Mercury + Saturn,(with some defect).

Yogas with No Good-
(1)Jupiter + Venus.

(2)Jupiter + Saturn (both spoil).

The above mention details are given by World Famous Astrologer Hemant Sharma ji for the Predictions Virgo Lagna. He is having thousands of clients and devotees worldwide who take his consultancy.

You can contact on +91 9936111075 INDIA for free astrology, online free consultancy
Add Astrologer Hemant Sharma ji [emailprotected]

Travel Insurance Tips For Dummies

Travelling abroad neednt fill you with worry, but its important to be covered just in case the worst does come along. Flight cancellation and loss of baggage or passport are some of the more trivial things that could happen while your away, but you could also find yourself in a very sticky financial situation should you or one of your group become ill or suffer an accident. Outside the EU, medical expenses wont be covered, while even inside the EU you may need to pay for transport home or private treatment. Taking out the correct travel insurance policy can cover you against all of these misdemeanours, and give you peace of mind while youre away. If youre looking for the best travel insurance deal for this summer, then take a read of this article for some tips for finding the best policy.

Check What You Already Have
If youre a premium customer with a bank or credit card company, then chances are that youll already have travel insurance included. This is particularly likely if youre paying a monthly fee for your banking. Make sure you check this out with your bank and read the small print of the deal it might not be valid outside of the EU or if you have special circumstances, but a phone call should clear this up. If you dont have a policy already, then it really pays to shop around. Its easier to do now thanks to the web all you really need to do is key travel insurance into a search engine, flick a few of the results and enter your requirements. Price comparison websites are particularly useful, so if you filter through a couple of these then youll be on the right track.

Special Clauses
Anyone with special conditions can get quoted ludicrously high amounts from most traditional insurers. People with histories of serious illness or disability, and those who are pregnant or over sixty-five can all find themselves struggling to justify the cover price. Make sure you have an EHIC card (when travelling within Europe) and check out specialist insurers that may be able to give you a better deal. If you find the cover to still be unaffordable, then the price may drop if you ask the insurer to exclude pre-existing conditions; though its then your call on the risks of going abroad with limited cover. Also, the EHIC card wont cover you for everything. In fact, it will only give you as much medical cover as a local citizen in your destination country it wont cover you for luggage loss or plane ticket cancellation.

Dont Over Cover
When searching for a policy, its important to understand what kind of cover you need. If you just take the first policy you find, youre likely to either be substantially over insuring yourself, or perhaps even under insuring. Be particularly wary of premium insurance deals offering extremely high amounts of cover when you dont really need it. For instance, do you really need 50 million worth of medical insurance cover? The answer is almost certainly not. In fact, its probably best to go for something more towards the 2 million mark for maximum medical expenses cover, while you should go towards 1 million for personal liability. Flight cancellation is also worth considering too no one wants to be in the nightmare scenario of not being able to go on holiday for whatever reason, but then having to stump up for it anyway.

The Best Rates For Condo Insurance In Rochester Hills

This is why you have to contemplate condo insurance in Rochester Hills. There are numerous events and situations that could happen to you personally as well as would not be covered. If a person gets hurt in your condo and attempts to sue you, you’ll want to own condo insurance for that. When you have precious property and so they get stolen or damaged, you would need condo insurance for this as well. Fortunately, Rochester Hills is not home to much severe weather, however there is periodic flooding and winters could be somewhat rough. A good condo insurance plan is going to have you protected from events that your condo association will not.

The typical notion with insurance is the fact that you always have the option to acquire as much protection as you need. So you need to make sure you feel comfy, however, perhaps not put money into protection for things that may never occur to you. As an example, someone would likely sell you storm defense in Rochester Hills. The issue is that almost never see damage from tornados in MI. By the time they get that much, it is just a rain storm.

Consider condominium insurance in Rochester Hills like an additional warranty that you simply hope you’ll never have to use, but you’ll be glad to have. Because most condominium insurance which you’ll be buying is additional protection, you ought not need to invest as much money as you usually would. Finished. with condo insurance is the fact that you’re merely covering the extras your condo association’s insurance program does not.

The first thing that you want to do when looking for condominium insurance in Rochester Hills is read the condo insurance you probably have from your own condo connection. Then you likely will not have to buy any condominium insurance in Rochester Hills whatsoever, in case you have enough defense. For a free quote call (248) 266-0316 or click here:rochester hills michigan condo insurance quotes

The Tips to Compare Life Insurance Quotes

In this busy world, we are totally dependent on the computers and the technologies like the internet. So while you Compare Life Insurance, you generally opt for this technology. This offers many other facilities like you can do the work 24/7 according to your ease and free time. Moreover the pressure of the insurance agents while you Compare Life Insurance Quotes to choose a policy form their company is also reduced. Now a day with the increased health problems, a life insurance is a must as it safeguards your future medical cost and you get the best treatments without the fear for money. Moreover, after your death, the money protects our family by giving financial supports. If it’s not done till today, opting for a suitable life insurance policy must be our first preference today. Get more information Check here.


What is a “Quote”?

There are quite a few websites and implements that can be engaged to Compare Life Insurance Quotes. The quote talks about the probable cost of a particular policy, according to the investor Appendix. Prior a quote can be given, the client has to provide information about his or her standard of living and medical past. The broker will continue to calculate the possibility of a certain company and see if the guarantor would be willing to finance the client’s policy. Clients with very risky lifestyles or unwarranted medical conditions may get higher quotes than others. Instead of agreeable eventual buyers to meet with brokers face to face, company websites offer requests that help people in easy Compare Life Insurance Quotes.

How do Clients Get Started?

The companies have really made all these filling processes very easily. The probable insurance seekers just need to fill the required fields like the names, addresses, phone numbers and the probable amount for insurance. After all these information, they are easily and freely registered and the viewers get to Compare Life Insurance Rates very easily. But keep one thing in mind. You must compare the quotes for the same amount but not for the different ones. Generally, the companies charge a bigger amount to the customers from the cities than other areas. The viewers have the choice of employing physical methods by contacting insurance companies or taking the guidance of the brokers to contemplate their selections. Though the brokers will help them with the necessary guidance, but the process generally consumes much time and the best option is to contact the insurance agents. offers many other facilities like you can do the work 24/7 according to your ease and free time.

Accounting Exercise – The Town of Coupland

The following relate to the town of Coupland (dollar amounts in thousands):

Equipment used in a vehicle repair service that provides service to other departments on a cost-reimbursement basis; the equipment has a ten-year life with no salvage value $1,400

Property taxes levied and collected $6,300

Hotel taxes (restricted to promotion of tourism) collected $1,200

Proceeds of bonds to build a parking garage that must be repaid from user charges $4,000

Proceeds of general obligation bonds to finance construction of a new city hall; the building, which was completed during the year, has a useful life of thirty years with no salvage value $9,000

Proceeds of a federal grant to hire additional police officers $1,000

Fees charged to, and collected from, customers by the electric utility $8,000

Match the fund items below with the amounts that follow. An amount may be selected once, more than once, or not at all.

1. Revenue to be recognized in an enterprise fund – $8,000

2. Revenue to be recognized in special revenue funds – $2,200

3. Bonds payable to be recognized in the general fund – $10,400

4. Bonds payable to be recognized in enterprise funds – $4,000

5. Depreciation expenditure to be recognized in the general fund – $1,040

6. Depreciation expense to be recognized in internal service funds – $140

7. Revenue to be recognized in an internal service funds – $6,300

8. Revenue to be recognized in the general fund – $8,500

9. Long-lived assets to be recognized in the general fund – $900

10. Long-lived assets to be recognized in internal service funds – $0

Accounting Facts:

1. Under the modified accrual basis of accounting, revenues cannot be recognized until they are measurable and available.

2. –Available” (as in –measurable and available”) means available to finance expenditures of the current period.

3. Property taxes are an example of an imposed nonexchange transaction.

For help with Arizona income tax filing, contact the Phoenix accounting offices of Jacobsen & Wachterhauser, Arizona accountants.

Personal Loans With Low Interest Rates From No 1 Credit Provider

There are many sources where you can get personal loans nowadays like banks, credit unions and private lenders among other places. All these offer their loans at different interest rates and any applicant should fully maximize on this to obtain a lower interest rate. This will make repayments easier by lowering the overall cost of borrowing.

Ways of obtaining personal loans with low interest rates

Have a high credit score- a credit score is derived from the credit history of a borrower and most lenders use this to tell the likelihood of the borrower repaying the amount being borrowed. You should therefore make a point of applying for personal loans with a high credit score and this will assist you to get the funds with ease and at a lower interest rate. You can ensure that your credit score is always high by:

Ensuring that all loan repayments are done in time
Always maintaining lower debts compared to your credit limit
Applying for loans within specific time durations
Observing all terms and conditions given on loans

Offer security- this can be any asset that the lender can seize should you fail to make full repayments and this will definitely get you personal loans with low interest rates. Pledging collateral can also easily get you a bigger amount on the loans, longer repayment periods and some flexible terms & conditions. However, you should ensure that you repay the personal loans as agreed to avoid losing the pledged asset.

Compare quotes- there are a number of sources where you can get personal loans and one should make positive use of this to obtain better rates. You should get various quotes from lenders who offer the kind of personal loans that you need and then compare them to find a lender who will offer you personal loans with low interest rates. However, be careful with those who offer very low rates as some may later charge other fees.

When signing for low interest personal loans, it is wise to always confirm that there will no other charges. This is important as some lenders may be having other fees and these can significantly increase your cost of borrowing. You should also ensure that every detail in the loan documents is clear to avoid any parts that the lender may use to get more cash from you.

C_tfin22_64 Sap Certified Application Associate – Management Accounting (co) With Sap Erp 6.0 Ehp4 E

Management accounting systems are important for making sure that all the calculations are done in an effective manner. SAP Certified Application Associate – Management Accounting (CO) with SAP ERP 6.0 EHP4 exam is set for making sure that candidates are familiar with advanced systems which can be used for management of accounting and finance issues in companies.

Many types of applications are in use these days through which accounts can be prepared for companies. Through advanced systems it is helpful to make accurate accounts for companies for getting reliable information about the performance. C_TFIN22_64 exam is asking many types of technical questions through which knowledge of candidates about working with different applications could be checked.
Many types of applications are available these days which could show good results for companies and manage their financial data in an effective manner. Through online systems candidates are able to apply for SAP Certified Application Associate – Management Accounting (CO) with SAP ERP 6.0 EHP4 exam in order to prove that they can use advanced systems related with accounting.

Management is required to have knowledge about working with advanced systems. Through online IT examination candidates can get certification which will increase their chances of getting jobs at managerial levels. Those candidates who are using online modes for preparing for this accounting exam can get good results in an economical manner. Companies are in need of professionals who can make and launch advanced systems for accounting.

C_TFIN22_64 exam is a good source for those candidates who are willing to work as managers in accounts department of large companies. Advanced programs and applications are used all over the business world for making financial statements and accounts. If you are willing to work as a manager in accounts department then you must prove your skills and knowledge about working on advanced systems.
SAP Certified Application Associate – Management Accounting (CO) with SAP ERP 6.0 EHP4 exam is helpful in proving the skills and knowledge for using advanced systems for the preparation of financial statements. Technical questions are set in this online IT exam through which candidates are checked that they can launch advanced systems in companies.

Candidates are required to apply their knowledge for making sure that they can work on all types of systems for making financial statements of companies. Those companies which have hired professionals on the basis of C_TFIN22_64 exam are getting good results because of their professional excellence.

Professionals are setting up to date questions in this online IT exam for checking application of concepts of candidates. Managerial jobs in accounts department could be obtained without any problems after getting good marks in this online IT exam.
If you are able to use advanced systems for making financial statements for companies then you can get good jobs for a successful future. Accounts are required by all types of businesses therefore to have a certification as an expert through SAP Certified Application Associate – Management Accounting (CO) with SAP ERP 6.0 EHP4 exam is a good source for increasing the chances of getting good jobs.