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Old 18-10-2021, 10:19 AM
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Still lower than an average financial consultant. An financial consultant specialising in selling ILPs can make way more than that.
Insurance agent is a good path for unintelligent ppl, frankly. Those not book smart but street smart and shameless/thick skinned.

It has nothing to do with value to society; the value insurance agents brng to society is absolutely zero. It is just how our society is structured and the greed of the local life insurance market to require captive agencies.

There's no industry impetus for the insurers to cut out the middleman parasitic agents
when there's a massive pool of low-cost labor / fresh grads easily lured in by promise of easy riches to become agents. Same with the property agent sector too

If you think you don't hv the brainpower to work in a real advisory sector and are the ambitious striver sort who's willing to hustle, insurance sales is a good option.

But if you're ambitious and want to be intellectually stimulated, then join IB tech law consulting or smth like that. Some people need that intellectual challenge from a job.
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