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It is unfortunate that the public doesn't know much about insurance or how it's regulated. While what Zenefits did was wrong in several cases, there are some im
by whoknowsnotme 11y ago
It is unfortunate that the public doesn't know much about insurance or how it's regulated. While what Zenefits did was wrong in several cases, there are some important things to understand:
- This macro program didn't have anything to do with whether an agent would/could pass an insurance exam. That's separate and in order for someone to practice, they need to pass the test.
- If this training program were so critical to understanding and effectively selling insurance, why wouldn't all state adopt it?
- The unfortunate fact is that the details you must study and know to pass the test have very little do with how you will sell insurance. The study packets, courses etc. do not prepare you in any way to sell these products better. Actually a lot of the test talks about annuities and things completely unrelated to medical insurance.
- The licensing issues largely relate to non-resident licenses, not the actual resident license where the test is required to pass. It's a common practice in brokerages across the US to get licensed when business is closed or about to be closed in the different state.
- If you want a comparable, lawyers obviously have to pass the bar to practice. But they can actually practice legal advice before ever passing the bar as long as they are working under a licensed attorney. This is how many pro-bono cases are worked by students in law school etc.