Thank you, Arthur, but you did not discuss how to start your own insurance business at all. You merely discussed how to become an insurance agent or broker and nothing more. I doubt the audience you addressed (unlicensed individuals who have not yet entered the industry) will fully understand the captive versus independent concept and how they apply to starting your own business. Captive agents make good money. They get leads from their companies. Independent agents have to buy leads or create them from public court records of births, marriages, and home purchases. Leads can be bought online and they are not cheap, but alternate methods are time consuming and also cost at least gas and postage in addition to all the time. There are also some pyramid life insurance companies which will let you buy leads from them and gobble up most of your commissions in exchange for some great training. Just always beware of the 'no compete' clause. Also, some places will try to make you captive so do not hesitate to come right out and ask if this is a captive position. You can get contracted with a company that does nothing but contract agents. Those are not pyramids and they will take a little bit of your commission but not most of it like the pyramids do. Arthur is right, if you plan to start your own business, get both your Life and Health and your Property and Casualty licenses. You can start out with just one. In fact, there's so much to learn for the tests, it's better to do so because it's two separate tests in every state, as far as I know. Get some training under your belt, because if you make a big mistake and get sued…Errors and Omissions insurance only lets you have two claims and then no one will ensure you and your career will be over. Captive P & C agents generally start out with at least a little bit of salary. Pretty much everyone on both Life & Health and P & C have the no compete clauses so you won't be able to take your clients with you when you leave.

Thank you!

U suck get a haircut

I really thought this video was about starting your own Auto Insurance Company…