A financial advisor helps customers in a life insurance company figure out how much insurance they can afford, as well as how much coverage they need to ensure their loved ones will be cared for upon their death. An advisor will assist you in understanding complex investment, insurance, and tax matters.
These professionals recommend coverage options, such as term life insurance or permanent life insurance.
Here is a list of must have Skills of an insurance and financial advisor;
- excellent communication
- interpersonal and listening skills
- the capability to explain complex information simply and clearly
- the ability to network and establish relationships with clients
- research and analytical skills
- negotiation and influencing skills as well as determination and tenacity
Within an insurance company, financial advisors use finance principles and knowledge of life insurance to recommend and sell life insurance policies to clients.