An independent health agent, also referred to as an independent health insurance agent or broker, is a professional who offers, sells, and services insurance policies. They represent multiple insurance companies, rather than being tied to a single insurer, allowing them to provide clients with a range of policy options to best suit their needs.
Typically, you'll need:
Licensing requirements vary by state, but generally involve:
Yes, but you'll need to obtain licenses for each state in which you wish to operate. This often means meeting the specific requirements of each state and may involve additional courses and exams.
They primarily earn through commissions from insurance carriers for policies sold. Some may also charge fees for consultation or policy management, depending on local regulations and business models.
The terms are often used interchangeably. However, technically speaking, an agent represents the insurance company and sells its policies, while a broker represents the client and helps them find the best policy across multiple insurers.
Continuing education (CE) is often required to renew your license, which helps keep you updated. Joining industry associations, attending seminars, and subscribing to industry publications are also useful.
Yes, but you may need additional endorsements or licenses, depending on the type of insurance and your state's regulations.
Strong interpersonal skills, the ability to explain complex topics clearly, analytical thinking to compare different policies, and dedication to staying updated on industry changes are all vital.