*Loan,banking and credit>>>career insurance

Is a career in Insurance sales a good decision?

My husband currently works in restaurant management. Good pay,but he works every other day for 16 hrs. on his feet. The company just hired a new district manager & is now trying to show his authority. My husband has been with the company for 2 years and enjoys the customer service aspect, but as many of you know, restaurant management is very difficult. He has been given an offer to make a career change in insurance sales. They said they would give him 1/4 of their existing clients and mentor him to start out. We would have to try to adjust to a 1099 lifestyle. He would also be home every night with his family and home on weekends, which never happens now. Is this a wise career move? Just wondering if anyone could give some advice or questions he should ask before accepting this job. Thanks in advance for the help!

I spent nearly 3 yrs working for an Insurance Company. I didn't make a dime.

However, I worked for an Agent as a Service and Sales person. I got a piece of the inital policy sale, but no residuals.

I've had friends go the big sale route and seen some flourish and others fail.

Some key things to know about:

What are the company quotas? Does your husband need to produce x number of policies each month or they drop him?

What's his payout on the 1/4 that they give him? Are they older policies that are on the lowest tier of commissions? If it's Life Insurance, are they the older crowd that may all die off over the next 10 years? This would force to not only find new business, but find new business just to replace the lost business...

Does your husband have small business experience? Does he, or can he build, a team of trusted people to: structure his company correctly, do his books, generate leads, etc.?

Is he looking to be Self Employed or a Business owner? As a Self-employed person he must keep working to keeep the income flowing in. As a Business owner he should eventually be able to walk away from the office and still have it make money via the people he's hired. Sales, service, etc.

Its really good money if you are a good sales person.
uh YEAH!!! i mean.. most folks NEED insurance!!!! especially life, car, and health!!!! so i say go for it!!!!
You should def. check out this insurance company really well. Sometimes they tell you a bunch of **** just to get you to make money for them and not a lot for yourself. I'm not saying that all insurance sales jobs are bad...just that some of them are not in your best interest.
Many people have prospered from insurance sales but it is very competitive. (especially at first) Just make sure he hooks up with a good company that has a good reputation in your area.
If your good at it. It is a little more work come tax time, but he will get to spend more time at home. Insurance sells itself, you really just have to have a good demeanor and sell yourself to your client.
I have known three persons who went into selling insurance. All said that as soon as they did not meet their new client quota, they were let go. All of them did most of their business on weeknights and weekends because that was when their (potential and existing) clients did not work and were available.