The health insurance industry might not be the first thing that comes to mind when considering a new career path, but it has numerous benefits that make it an attractive option. If you’re looking for a flexible, rewarding, and stable career with a recurring income, becoming an independent health insurance agent might be the right choice for you. Here are some of the top reasons to consider a career in the health insurance industry.

  1. Recurring Income: Health insurance agents earn commissions from the policies they sell, and in most cases these policies continue to pay recurring income. As long as your clients maintain their policies, you may continue to receive commission payments. As America’s Professor explains, this can provide financial stability and allow you to plan for the future more effectively.
  2. Flexibility and Convenience: A career in health insurance offers flexibility and convenience, as agents can work from anywhere and set their own schedules. You don't need a physical location, and most client interactions can be done remotely. This makes it an ideal choice for those who value work-life balance and freedom, something increasingly important to people in a post-COVID world.
  3. High Demand for Insurance Services: Everyone needs health insurance, and most people require assistance in understanding and selecting the right policy. As an agent, you'll have a constant stream of potential clients who need your expertise, ensuring that your services will always be in demand, as Indeed emphasizes.
  4. Low Barriers to Entry: Indeed also points out that becoming a health insurance agent does not require a college degree or specialized training. All you need is to pass a licensing exam after a short preparatory course. Additionally, continuing education requirements are minimal and affordable, making it easy to maintain your license and stay up-to-date in the industry, according to Kaplan Financial.
  5. Built-in Annual Raises: As insurance premiums increase, so do your commissions. This means you'll likely enjoy a built-in raise every year, providing you with additional financial security and growth potential.
  6. No Inventory or Cost of Goods Sold: As a health insurance agent, you don't need to maintain any inventory or cover the cost of goods sold. This reduces your overhead costs and allows you to get “in the black” more quickly than in a lot of start-up businesses. 
  7. Opportunities to Help Others: A career in health insurance allows you to assist individuals in finding and obtaining the coverage they need to protect themselves and their families. You'll be able to make a meaningful impact on people's lives while also earning a living. As Insureon points out, those considering a career change are often “looking for something that provides not just a paycheck, but also a purpose. People are increasingly interested in a profession that offers a chance to give back.”

Quick Recap

The health insurance industry offers a fulfilling and lucrative career path for those looking to make a change. With recurring income, flexibility, and the opportunity to help others, it's a field that's worth considering. 

AHCP Can Help You Succeed!

If you're interested in exploring a career as a health insurance agent, AHCP (America's Health Care Plans) is here to support your journey. As a leading field marketing organization (FMO), we offer access to over 1,500 products from nearly 50 insurance companies across all 50 states. Our team at AHCP is dedicated to assisting you with the licensing and appointment process, providing comprehensive product training, and equipping you with the tools and technology necessary to run your own insurance agency and succeed in this rewarding profession. Don't hesitate to reach out and begin your exciting new career in the health insurance industry.