6 Common Myths About Becoming An Insurance Agent

Insurance is a promising sector. Here are some common myths about becoming an insurance agent with counter-reasoning to help you make an informed decision.
A man thinking about the myths of becoming an insurance agent

Insurance is a promising sector. However, there are certain myths that prevail about the jobs in this sector. Contrary to the myths, the facts are that the insurance field is one of the best career choices. Here are some common myths about becoming an insurance agent with counter-reasoning to help you make an informed decision. ~ Ed.

Working as an insurance agent can have a lot of advantages. The perks you’d be gaining are worth all the hard work you’d be doing.

Some people believe this job has some disadvantages that are not known to everyone, but that’s not the case at all.

Most, if not all of these myths are far from the truth, so we’ve come up with six myths about working in the insurance sector to help clear things out to interested people.


Clearing Up Myths: 6 Truths About Working as an Insurance Agent

Before making any assumptions, it’s better to do a fact check first. Here are some of the myths that raise a doubt in people’s minds about whether a job in the insurance field is has a rewarding career.

It’s Only a Desk Job

This is not true at all because working in the insurance field means you’d be dealing with a lot of people and collaborating with your colleagues.

You would be constantly building new relationships and that will require a hands-on approach, so you wouldn’t stay on your desk for long because most of the time you’d be having meetings or working in the field to make a difference in people’s lives.

If you’re a people person and you’re good at building strong relations with your clients or colleagues, then you’d never feel like it’s a desk job.

You Need a Bachelor’s Degree to Get Hired

Although having a college education or any other higher degrees is helpful, you don’t actually need it to get a job in insurance.

It’s confirmed by these experts that you can find a number of opportunities as an agent, a salesman, an advisor, or an inspector without the need of a certain educational background. They are all positions in the insurance field that do not require a bachelor’s degree, so you don’t have to worry at all about not getting hired.

The only time that a degree would be needed is for getting a raise in your salary or if you want to jump higher on the corporate ladder, but luckily, most companies should help with your education funds if you ever decide to go back.

It’s Limited to Car, Health, and Life Insurance

This misconception is very common, but, on the contrary, insurance is much broader than that. It covers a lot of different things like social, businesses, property, fire, liability, marine, guarantee, and disability.

So there are no limitations and you will not be forced to work with certain types of insurances if you don’t want to. This is the beauty of this job; as you go through different phases, you get to choose which type is best for you to work with or you can choose to work with all types.

All Insurance Agents are Scammers

You can’t believe this statement because it’s not remotely true.

It’s true that there were some cases where people got swindled and conned, but that doesn’t mean that the entire industry is full of scammers. You surely cannot judge everyone in this line of work based on a few bad people.

Moreover, you may notice that unethical people are a common occurrence in many professions. You just need to be sure you found the right legitimate company with professional and highly trained agents that will not trick you to steal your money.

Salaries Are Only about Commissions

First of all, every employee has a fixed salary in insurance, so commissions act as another source of your income and not the only source.

Moreover, when you are giving specific recommendations to clients about the best types of insurances that serve their interests, you won’t be doing so because of how much commission you’d earn in return. That would be unethical and just wrong in general.

The best agents go out of their way to make things appealing and fair to you, so customers would continue to come back for more.

Agents Don’t Deal with Old or Sick People

Another common myth that is spreading around is that if you’re an insurance agent, you are instructed to not work with elderly people or people with a lot of health problems.


Just because younger clients and people who have clean medical histories make better clients, it doesn’t mean that everyone else is considered a liability and is considered unfit for any insurance plan.

Anyone working in this field is never instructed to favor a certain category of people and ignore the rest.

Do Read: 5 Mistakes to Avoid With Your Health Insurance Plan

Wrapping It Up

Not everything is what it seems. You have to research things properly and make informed decisions.

If you’re already in this line of work, then you’d know that all of these myths are annoying. A fabled story that makes people overthink and complicate things.

You can rest assured that a job in the insurance field can be one of the best and most rewarding career choices you can ever make. Thus, the above mentioned are some common myths about becoming an insurance agent.

Over to you

What are your thoughts about the prospects of becoming an insurance agent? Share your thoughts and experiences in the comments.


Disclaimer: Though the views expressed are of the author’s own, this article has been checked for its authenticity of information and resource links provided for a better and deeper understanding of the subject matter. However, you're suggested to make your diligent research and consult subject experts to decide what is best for you. If you spot any factual errors, spelling, or grammatical mistakes in the article, please report at [email protected]. Thanks.

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  1. Hi Allen and Harleena,
    The Insurance field is indeed filled with a lot of myths or misconceptions.
    I am happy that you brought out some of them here in this post to make an awareness among the people who plan to go with it as a professional career.
    In fact, I too have had some misconceptions about this profession, like the
    It is really good that this myth is burst out by this post. Good to know that it really covers various other areas too, As mentioned like social, property, fire, liability, marine, guarantee, and disability.
    Thanks for sharing this well-informed educative post.
    Thanks, Harleena for the opportunity given us to know this a bit more.
    I wish Allen and Harleena a wonderful, safe and profitable weekend.
    Best Regards
    ~ Phil

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