This article discusses the Florida Four-40 to 2-20 Conversion Course. This course is restricted to Florida licensing and is the way in which a FL Four-40 CSR can develop into a FL 2-20 agent with out taking a 200 hour course.
Florida makes a distinction between a 2-20 General Lines Agent and a Four-40 Customer Service Representative. A 2-20 Agent is one who might promote insurance coverage and function an insurance coverage company. A Four-40 Customer Service Representative works below the route and management of a 2-20 Agent, aiding the agent within the gross sales and operation of the enterprise.
There are two methods to develop into a 2-20 General Lines Agent. The first is to take and move the 200 hour pre-licensing course required by the state, after which efficiently full the state licensing examination.
The second is to receive the Four-40 license and work as a full time customer support consultant for not less than one 12 months. This license is achieved by taking the Florida Insurance University/University of Central Florida Registered Customer Service Representative Designation, which excuses the scholar from the state licensing check for the Four-40 license.
Once that has been achieved, the scholar might take and move the Four-40 to 2-20 Conversion Course which is obtainable by Florida Insurance University. This course is a 40 hour distance studying course that qualifies the applicant to take the state licensing examination.
In the present financial system, the insurance coverage occupation is without doubt one of the few the place jobs and incomes aren’t solely steady, however rising. Job alternatives are good for individuals who have gross sales expertise and good interpersonal expertise. The U.S. Government studies that employment for insurance coverage gross sales brokers is anticipated to develop via 2016. The median annual earnings of insurance coverage gross sales brokers had been $43,870 in May 2006. The vary of earnings mirrored that the very best 10% earned greater than $115,090. Company paid advantages normally embrace persevering with training, group insurance coverage, workplace house, auto and transportation bills, medical insurance and retirement advantages.