Health insurance agent can be of two types, a captive agent and an independent agent. A Captive Health Insurance agent works for a single company and is paid on salary along with performance incentives, from that company only. An independent health insurance agent earns from commission and incentives from different agencies, he or she is associated with. The job profile of a health insurance agent speaks only about selling insurance products covering the financial losses of the client during emergency illness, routine health check-ups, health care treatments etc.
The sole objective of the career of a health insurance agent is to provide the client with the best value for the money he is paying to buy the insurance. The success of a health insurance agent depends on his contact base, updates knowledge and his ability to sell insurances fulfilling all the requirements of the client.
Below is a brief description of the scopes of a career in Health insurance.
- A health insurance agent must be a graduate and a specialization in economics, finance or business will be an added advantage. No doubt the more eligible you can prove yourself academically the more employers will be impressed with you.
- If you have a previous experience on sales and marketing, chances are high for your employer to pick you as the apt candidate for the job.
- You must have commendable skill of communication, since this is the your only weapon or you can call it your means of earning. The more you are able to convince your client the more incentive or bonus you earn.
- Before starting your career as a health insurance agent your must acquire a government recognized certificate. Every state government has a personalized set of rules and process for this, that your have to go through.
- Mainly health insurance agents work in small offices and the job involves traveling from one place to another to meet the client. So, if you are planning to prosper as a health insurance agent, you must be free to travel over long distances.
- The recent Health Reform aims to make health insurance coverage accessible to every citizen. In fact, in certain conditions health insurance coverage is mandatory. Hence, going by the Healthcare Reform there is going to be thousands of job opportunities for a health insurance agent.
- A health insurance agent, irrespective of captive or independent can choose his or her own stream of specialization, which can be general insurance agent or specialized insurance agent. An agent can specialize in dental insurance, vision insurance, cancer insurance, respiratory illness insurance etc.
- A good health insurance agent can earn a handsome salary if he or she masters the art of communication. Along with a salary, there are incentives and bonus for the agents, depending on their performance.
The job of a health insurance agent is a noble one, where you will be aiding people towards a better health by providing maximum medical coverage on low premium cost. The prospects in this career increases with time, practice, expertise and knowledge.