When selecting among the insurance schools in Georgia for you, it’s critical to empower yourself with as much information as possible.
Insurance isn’t the most influential major globally, but it isn’t the least common either, which is understandable given the situation.
According to the most recent data, it is the #206 most popular major out of 368 majors. Consequently, you may have to research to identify quality colleges that provide the degree program you desire.
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Pre-licensing Requirements for Insurance in Georgia
The state of Georgia regulates insurance licenses, and as a result, the state government determines its insurance licensing standards and testing methods.
You can learn how to become an insurance agent in Georgia by reading the information below, which includes Georgia’s pre-licensing criteria for each line of insurance:
Requirements for the General Public
- Insurance companies are not required to sponsor an agent licensing application during the application process. When a license is issued to an agent, the licensee is required to get a certificate of authorization from each insurer that the agent will be representing.
- To be eligible for licensure in Georgia, candidates must finish an authorized pre-licensing course. This requirement can be accomplished online or by self-study in a classroom setting.
- To be eligible for licensure, candidates must pass the requisite examination for licensure within 12 months of completing the pre-licensing course. They must apply for the license within 12 months of getting a passing mark on the exam.
License as an Adjuster
- Candidates must finish a 40-hour pre-licensing course that the state has authorized. This course can be completed online.
- Exemption from Pre-licensing Courses – none
License for life, accident, and sickness insurance
- Candidates must finish a 40-hour pre-licensing course that the state has authorized.
- The Chartered Life Underwriter (CLU) certification exempts anyone who applies for licenses in lines or sublines of life or health insurance and has the designation from taking the pre-licensing course.
Licensing for life insurance
- Candidates must finish a 20-hour pre-licensing course that the state has authorized.
- The Chartered Life Underwriter (CLU) certification exempts anyone who applies for licenses in lines or sublines of life or health insurance and has the designation from taking the pre-licensing course.
License for Accident and Sickness Insurance
- Candidates must finish a 20-hour pre-licensing course that the state has authorized.
- The Chartered Life Underwriter (CLU) certification exempts anyone who applies for licenses in lines or sublines of life or health insurance and has the designation from taking the pre-licensing course.
License for Property and Casualty Insurance
- Candidates must finish a 40-hour pre-licensing course that the state has authorized.
- License applicants in lines or sublines of property or casualty insurance who possess the Chartered Property Casualty Underwriter (CPCU) certification are excused from taking the required pre-licensing course.
Getting Your Georgia Insurance License:
Here are the Step-by-Step Instructions you ought to know;
Step 1: Education Before Obtaining a License
It is necessary to complete pre-licensing education classes before applying for a Georgia insurance license.
Courses that are needed by the state and are related to the subject material that will be covered on the licensure test
You must finish forty (40) hours of education per each line of authority that you desire to hold to meet the Georgia pre-license requirement.
The great news is that in Georgia, the Life, Accident, and Sickness (LA&S) and Property & Casualty (P&C) lines are combined lines, which means that, unlike other states in which you must take an entirely separate exam for each coverage area, you only have to take two exams if you want to get a license for both Life & Health and P&C.
If you want to get a Life & Health and P&C license, you must take Life & Health. Upon completing the course, you will be awarded a certificate, and this certificate should be kept safe since you will need it when completing your application.
Step 2: Submit Your Georgia Licensing Application and Make an Appointment for Your Exam.
As an insurance agent, you must pass a test for each line of insurance that you desire to sell, so once you have finished your pre-licensing education requirements, the next step is to register for your license and set up an appointment to sit for your exam (or exams if applying for more than one type of license).
You will receive many sample exam questions whether you enroll in an in-person, online, or self-study Georgia pre-licensing course.
It is recommended that you take as many of these sample examinations as possible, so you may want to allow two weeks between the time you pass your pre-licensing program and schedule your exam.
How to Be a Good Insurance Agent: 8 Skills to Look for
- Prioritizes the requirements of the client.
It is unlikely that an agent will be successful in the business if they are solely concerned with earning a commission and not with the client’s demands.
Agents and brokers that pay close attention to what their clients and prospects have to say will be able to acquire their trust, which is one of the most challenging aspects of their work to do.
The fact that agents who are inclined to put their customers into a product that pays a lesser commission because it meets their needs are significantly more likely to keep customers is vital knowledge when studying how to be an effective insurance agent.
- Exceptional customer service.
A customer who can contact their agent when they require assistance is considerably more likely to remain satisfied and comforted.
Responding to inquiries and phone calls promptly is essential, and you must be able to complete the task at hand on the day and time specified, or at the very least provide a valid justification for failing to do so.
- Emotional intelligence (EQ).
This involves the capacity to listen to and sympathize with clients on a deeper level to identify what they genuinely want and need in a professional relationship.
Although the client is adamant about not seeing financial truth, an intelligent agent knows how to assist the client see it correctly, even though the client is hell-bent against it.
- A high amount of energy.
When it comes to becoming a successful insurance agent, one of the most significant characteristics is that they are always enthusiastic and eager.
Any client who sees you in a worn-down or miserable mood will notice it right away and will be discouraged from purchasing anything.
- Perseverance.
This is possibly an essential characteristic of a successful insurance agent. It is necessary for those working in this sector to deal with rejection regularly throughout their careers and do it with a smile on their face at all times.
Successful insurers recognize that each “no” they receive only moves them closer to finding somebody who will say “yes.”
- Integrity.
Insurance agents who use deceit to close business are less likely to remain with the same employer for an extended period and in certain situations, they may even find themselves in prison.
An intelligent agent understands that stating the truth upfront will earn their clients’ respect and trust and the likelihood of them doing business with them again in the future.
- A diverse selection of products.
Ideally, an insurance agent will provide a wide selection of products and services that may be tailored to satisfy any legitimate demand that a customer may have.
- Expertise in a technical field.
An intelligent insurance agent is well-versed in many areas other than how to sell a policy. The agent needs to be knowledgeable about the tax and legal elements of the goods they sell and how they are intended to fit into the client’s overall financial condition.
INSURANCE SCHOOLS IN GEORGIA
Today, we bring to you a comprehensive list of the top insurance schools in Georgia;
- The University of Georgia
Located in Athens, Georgia, The University of Georgia is a well-regarded public university with 28,175 undergraduate students.
It is a big college with a diverse student body. Admissions are relatively tough in Georgia, with a 45 percent admission rate and an 87 percent graduation rate for those that apply.
The Insurance field is a component of the University of Georgia’s business, management, and marketing degree.
There is a Bachelor’s Degree in Insurance available/granted at the University of Georgia, and during the 2019-2020 academic year, the University of Georgia issued 245 bachelor’s degrees in insurance.
As a result, the institution was ranked first in popularity among all schools and universities that offer this degree, surpassing all others.
Applicants with a grade point average of at least 3.5 can apply for the Hope Scholarship, which The Georgia Lottery sponsors.
This system was established by former Lieutenant Governor Zell Miller and is supported by The Georgia Lottery.
There are over 800 student groups, a diverse selection of fraternities and sororities, and major-specific honor societies in Georgia.
- Georgia State University
Georgia State University is an above-average public university situated in Atlanta, Georgia. It is a significant college with an enrolment of 21,958 undergraduate students, making it one of the top public universities in the country.
Admissions at Georgia State University are moderately competitive, with a 76 percent admission rate and a 55 percent graduation rate among those who apply.
The Insurance course of study is a component of Georgia State University’s business, management, and marketing program.
Bachelor’s Degree in Insurance and Doctorate Degree in Insurance are the degrees that are offered and have been given by the institution, which has awarded 43 bachelor’s degrees in insurance.
With this growth in popularity, the institution was rated #11 in popularity across the list of schools and universities that offer this degree, representing an increase of 79 percent over the previous year, when just 24 degrees were awarded.
- Gatson Training Associates
Gatson Training Associates is based in the city of Conyers, Georgia. This school provides training in three credentials, with the most popular qualifications being the Property and Casualty License, the Georgia Property and Casualty License, and the Insurance License, among others.
According to the qualification, completing this education training varies from 32 hours to 6 weeks, and the median time needed to complete this training and education is one week.
Depending on the certification, the cost of attending Gatson Training Associates can range from $200 to $300, with a typical cost of $300.
- Georgia School of Insurance
Located in Atlanta, Georgia, the Georgia School of Insurance is an educational organization that specializes in insurance pre-licensing exam prep courses for insurance agents, adjusters, and financial advisers.
In addition to offering courses online for variable products, securities exams, and continuing education, we also provide pre-licensing classes in the following areas: life and health, property and casualty, and property and casualty.
Classroom teaching in small group settings for personalized attention is accessible in the corporate context.
The student will be able to concentrate on the curriculum and identify trouble areas, ultimately increasing their chances of acquiring their proper license and certification.
To schedule, a minimum of ten people must be present. Students have the freedom and comfort to study at their own pace from any location with the online classes.
FAQs on the insurance schools in Georgia
We are delighted to bring to you the top answers about the most asked questions on insurance schools in Georgia
What is the process for becoming an insurance agent in Georgia?
Individuals who wish to become insurance agents in Georgia must first enroll in an approved insurance pre-license prep course, complete the requisite number of hours of study, and understand the relevant knowledge.
Upon completion, the next stage is to pass the licensing examination and submit an application for the license.
What is the cost of obtaining an insurance license in Georgia?
There is a $100 price per license type (for example, property and casualty or life, accident, and sickness) and about a $15 application fee charged by the Georgia Department of Insurance.
Is it possible to take the Georgia insurance examination online?
With OnVUE online proctoring, you may take your insurance exam from the comfort of your own home.
A live proctor will observe you through the webcam on your desktop to ensure that you have a secure exam environment.
Which type of insurance agent earns the most money in Georgia?
While there are many other types of insurance (ranging from vehicle insurance to health insurance), the most financially rewarding vocation in the insurance business in Georgia is that of a life insurance agent or broker.
CONCLUSION
Insurance is a substantial financial commitment, and you will almost definitely obtain several policies throughout your life.
Understanding each type of insurance plan and how it works is crucial to making an informed decision as to which coverage to purchase.
Learning insurance encompasses a variety of sub-programs, and with the assistance of the guide provided, you may determine which insurance schools in Georgia you would want to attend.
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