FYI: I never aspired to be an insurance salesman. I ended up in that role because the barriers to entry are non-existent, and more importantly, because I didn’t have other options. Like a lot of young people who enter that world, I was chewed up and spit out in a short period of time.
In any industry where the seller’s livelihood depends upon commissions, they are incentivized to sell the more expensive product, in this case, permanent life insurance. I got a front row look at how this drives behavior, so insurance has been a dirty word in my mind since I left the industry.
Regards,
Ted
https://theirrelevantinvestor.com/2019/02/12/the-case-for-permanent-life-insurance/
