Nearly 14 million Americans turned 65 in the last ten years. The Census Bureau estimates that another 11,000 seniors will turn 65 every day for the next decade. Almost every single one of those seniors will enroll in some form of Medicare plan.
With numbers like those, it is no surprise that selling Medicare plans is a huge, growing, and lucrative market for insurance agents. But not just any agent can sell Medicare plans. To tap into that client market, agents need to be licensed.
Unfortunately, many agents are not clear on how that process works. If you are in that boat, here’s what you need to know about how Medicare training courses work and how they can revolutionize your business.
Any insurance agent who wants to sell Medicare-associated insurance plans needs to take Medicare insurance agent training. More than that, however, all insurance agents need such training if they want to:
Realistically, responsibly working with seniors in relation to insurance in any way requires agents to have a strong understanding of Medicare. This is because Medicare coverage influences every other type of insurance product that seniors may consider buying. As such, they consistently seek out agents licensed to sell Medicare products when choosing insurance coverage.
Agents who are not licensed to sell Medicare severely limit their client base and income potential.
“Okay,” many agents wonder. “But how do I know what to expect from a Medicare training course? How can I know a course will work with my busy schedule?”
These are fair questions. Fortunately, Medicare insurance agent training can be fast, convenient, and easy to access. Good courses will cover:
Well-designed courses also:
You should be able to select the training that is right for you, purchase it at the click of a button, and get started right away.
Whether you are new to the insurance industry or an experienced agent, you likely already have everything you need to get started.
To start selling once the course is complete, you will need:
Courses such as those offered by MedicareTraining101 include the Medicare quoting tool and customer relationship management system in the price of the course. This ensures that you are ready to start selling as soon as you complete the course!
One of the most important parts of knowing what to expect from a Medicare training course is understanding what impact it will have on your business. A good course will:
Medicare training courses allow you to court a whole new constituency. One that is growing and expected to remain strong for decades to come. This opens up new income streams.
Taking a course is a great way to build long-term wealth, as well. Most Medicare policies pay you a commission at the time of sale and then again annually/monthly. This means that you can steadily grow your income over time, creating a strong financial base for your business.
Getting licensed to sell Medicare plans enables you to offer full-service planning and insurance products for your clients. It equips you to help your clients find exactly the right plans and products for their needs. For many agents, this leads to an enormous increase in satisfaction with their work.
It also leads to great gains in customer satisfaction. This feeds back into greater agent satisfaction but also serves as a powerful word-of-mouth marketing tool.
All of this tends to help agents reach their own long-term goals. This is true whether those goals are to:
In every way, they help agents stand out from the competition.
Now that you know how medicare training courses work, the only question that remains is when is the right time for you to take one? Contact us to learn more about how easy it is to get started with a Medicare training course today, and decide when the time is right for you.
The Benefits of Becoming a Medicare Agent
How to Become An Insurance Agent: 10 Steps to Success
A Step-by-Step Guide on How to Become a Medicare Insurance Agent
Medicare Agent Training: 5 Key Facts You Need to Know
A Complete Guide to the Salaries of Medicare Insurance Agents
What Is AHIP Certification, Why Do You Need It, and How Do You Get It?
Medicare Training 101: How to Get Started in Medicare Sales
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