The pandemic helped people realise the importance of insurance and the security it can bring to their lives. In light of the pandemic, lessons in uncertainty are no longer limited to just a few people who have lived through it. The helpless feeling lingered for more than two years, as did the regret, anger, and hurt that resulted as people worldwide witnessed the deaths of loved ones and strangers. The need for insurance grew even among the audience, which liked to live on the edge. Global Data, a prominent analytics firm, predicts India’s insurance industry will grow from $9 trillion to $14.5 trillion by 2027. This clearly demonstrates the rise in awareness.
Some reasons why becoming an insurance advisor is the need of the hour are as follows-
- You can get an easy headstart– You don’t need an expensive degree from a fancy college to become an insurance advisor. All you need is a basic graduation and a vast knowledge in the field of insurance. Here skill and experience are always greater than the education qualification. You can easily get licensed from the Insurance Regulatory Development Authority (IRDA)
- Job Security– The insurance industry has existed for over two centuries. Marine insurance was popular back then because most exports and imports took place via waterways. Post the pandemic, insurance has become crucial in planning one’s future. As a result, an insurance agent will never be out of work. People will always want to safeguard their loved ones and assets.
- Networking– Being an insurance advisor opens new doors of growth every day, thanks to new people who are your potential customers. They can introduce you to a large network of like-minded people, which will help you further your career and grow personally as well. It could bring you both success and happiness, which is highly unanticipated.
- Flexible Hours– What makes insurance most lucrative is the flexibility. Individuals can work at their convenience and don’t have to report to a nine-to-five job and spend hours sitting in a cubicle. In fact, a lot of people prefer looking at personal finances like insurance over the weekend or in the evenings after work. So, an insurance advisor can plan his/her/their hours around their and their client’s availability.
- Excellent Career Choice for Homemakers and those who need a Fresh Start– For people, who are tied down with responsibilities like taking care of children or aging parents, insurance offers them a great way to earn money, as the hours required and the knowledge the individual has to be equipped with are limited. It is not a very intensive and demanding job. Mothers or anyone who wants to restart their career after a long break must consider the insurance industry.
- Returns greater than the input– The biggest benefit of this job is the size of your target audience. Your audience is not restricted to a particular locality or gender, it could be anybody on this planet who wishes to protect themselves and their loved ones. You earn even when the policy is renewed, so with less effort, you can guarantee yourself a regular flow of income.
You must remember that any job requires you to be diligent and dedicated. This job has its own challenges and is not a piece of cake. However, it definitely advantageous in many ways. When you are an insurance advisor, you do something extremely essential to the community. You are the medium for individuals to find their lighthouse during a stormy night, and they will always think of you as someone who persuaded and guided them to make a wise decision.
