What does a Life Insurance Broker do?
Answer:
A life insurance broker is a person who has


been licensed in his or her state to sell life insurance lines. To be able to sell life insurance, one must pass a written test.  Each State is different with regards to the process so contact your State Insurance Department with testing questions.

A life insurance broker is different from a Life Insurance Agent working for a specific Insurance company.  For example, Insurance Agents can work for a specific company like American Family Insurance.  Once you build that relationship it is usually understood that you will sell the American Family Insurance products.  Most Company appointed Agents will not sell their competitors products.

A Life insurance broker doesn't work for a specific Insurance Company.  Instead, they build relationships with several different Insurance Companies.  The benefits of this are that they can find the best or most affordable policy for their clients.   They can contact Insurance Company A, Insurance Company B, and  Insurance Company C and with the client decide which company and policy is the best match.

The cons of being a life insurance broker is that you miss out certain marketing and educational perks.  Working for a specific Insurance Company will usually get you a mentor and unlimited resources for your marketing efforts.
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