About group insurance
I am not going to present advantages of this insurance for clients. For now, I am going to write, why insurance brokers should consider dealing group benefits Canada
This business has some advantages (and some disadvantages as well) that may be interesting for potential brokers.
Do beginners have some chances to establish a good career on the field of group insurance? Yes - there is only about 5% of advisors dealing group benefits and consider, there is ca. 200 000 new jobs created by small companies (<100 employees) every year in Canada!
Group insurance is creating more constant income - feature you may like. And if you have family, read more - most of the business meetings are during daytime. No meeting with clients during evenings and weekends.
Group insurance enables you to "play" more with the contract. You can customize much more the terms and conditions.
Still not satisfied? Prefering individual deals? Imagine, every group deal contains potential of dozens of individual deals - for example, many of your client’s empolyees may like your term life quote Canada
At the beginning I wrote something about disadvantages. There are actually two of them - sale takes longer time, so your initial income may not fit your image. And the second one - administration is more demanding.
So it’s up to you - but I believe you would have a good future as a broker in group benefits business…
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