A life insurance agent’s job is primarily to sell life insurance policies and annuities to individuals and/or businesses. They may do this within the context of a comprehensive financial plan or they may act as the only financial advisor that a customer has established.
A life insurance agent will typically begin the process of finding coverage that fits your needs by collecting several pieces of information, such as your date of birth, gender, health condition, the amount of outstanding debt, and the number of dependents you have. Then the agent will examine your cash flow and balance sheet.
Once the agent has collected all the necessary information, they will compare your needs to the range of options that are available, in order to choose the life insurance policy or annuity that best fits your insurance requirements. The agent will assist you with filling out the application, obtaining the necessary medical data and submitting the application to the insurance company.
After the policy or contract has been issued, the insurance agent will follow up to make sure that you understand the terms of your coverage or annuity. In the event of your death, the agent will typically be the one to deliver the death benefit check to the beneficiary.