What risk does an insurance professional face if they do business without the appropriate license?

Expert Solution

Selling of insurance products is tougher and need a strong follow up. Customers have always mentality to avoid the insurance products because it seems no instant benefits. Insurance professionals are very much involving with customers while selling insurance products.

During selling insurance products without the appropriate license insurance professional face these are the following difficulties-

Facing much difficulties of proving himself.
Insurance professional facing difficulties to building confidence among customers.
Losing the incentive and commission.
Customers fear about unethical and untrained insurance professionals.
Without license insurance professional cost of insurance is always high.
Customers are taking much time to purchase insurance products.
Customers are always avoiding having a meeting with such insurance professionals.
These insurance professional facing difficulties while explaining and managing insurance plans.

keosha answered 2 years ago

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