Tuesday, August 11, 2009

Make an honest living

A 21 year old person asked why my blog is against insurance agents making an honest living?
This person is mistaken. My blog wants to encourage insurance agents to make an honest living. I am against dishonest practices that take advantage of the consumers.
Honest living
a. Recommend a product that is useful and gives value to the customer
b. Earn an appropriate remuneration for your time and effort
c. Be efficient, so as to lower your cost to the consumer
d. Disclose your commission
Dishonest living
a. Exaggerate the positive points
b. Hide the negative points
c. Tell lies
d. Offer a bad or expensive product (which you would not buy yourself)
e. Earn high commission at the expense of the customer
As an insurance agent or financial adviser, you have the choice to make an honest living or a dishonest living. I encourage you to be honest. You will earn the lifelong respect and trust of your customers. You can face your conscience and say, "I am an honest person".
Tan Kin Lian