I failed the Life, Accident, Health, my first time taking it, by one percent. Does my future employer think differently of me (i.e. doubting if they should have hired me at all)? I am retaking it in a few days and I am praying that I pass it this time around.
2006-06-26 08:48:54 · 11 answers · asked by Mirjana 1 in Business & Finance ➔ Insurance
Most of the long-term agents I've known in the busines did NOT pass it the first time. What really matters is, can you sell? ANYONE can get a license, if they work at it enough, but NOT everyone can sell.
2006-06-26 10:30:42 · answer #1 · answered by Anonymous 7 · 1⤊ 1⤋
A lot of these exams can be mighty tough. I've got several securities licenses and life and health licenses so I know how hard they can be. A lot of people fail them. I know a manager at Ameriprise says that of the people they sponsor for exams (both security and insurance), they only expect 30% to pass them all! If you don't have software or a book full of test exams, you may find it helpful to get one. Software is best. It really helps to keep testing yourself and once you are doing well on the practice exams, you'll feel a lot more confident when you retake the test. You need to remain confident because any doubt can make the retake exam actually harder! 1% is not big deal. Study some more and you'll ace it next time!
2016-03-27 05:02:38 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Did your employer conduct a LIMRA assessment on you prior to hiring you? If so, did they disclose the results to you?
I also am not trying to be mean, but alot of the previous answers are really sugar coating things for you. The Life and Health test is actually fairly easy. Review and understand tha material and you shouldn't have a problem. Try to be honest with yourself and ask yourself whether or not you really understand the material. Can you explain the concepts to someone else? If the answer to these questions is not really, then you have to do one of two things; postpone the exam until you have time to really study and comprehend the material or look for another career.
As for the comment that all you really have to do is be able to sell, that is right, only if you want to be a lousy pusher of insurance product and don't care whether or not the insurance portfolio you are recommending is actually in the best interests of the client. People who believe as that respondent don't care about their clients at all. Don't be that way, it is reprehensible and gives the whole industry a bad name.
Remember, study, know your stuff, always do what is right for the client (even if that means making less money), and avoid the charlatans.
2006-06-26 09:21:55 · answer #3 · answered by Financial Answer Guy 4 · 1⤊ 1⤋
It's a hard test. Your employer knows this. I doubt seriously that he will think less of you.. I did pass it the first time around (sorry!) but from personal experience I know it's not easy. In fact, I was only 1 of a few in the whole room who passed, and some had taken the test multiple times and still failed.
Your score is good. Keep taking those practice tests, and you'll be fine next time you take it.
2006-06-26 08:56:19 · answer #4 · answered by freedomnow1950 5 · 0⤊ 0⤋
One percent is pretty small but they probably have a bit of a curve for the test so would expect a passing mark so as not to drive up their insurance costs.Get plenty of rest the night before the next test and naturally no drinking or anything like that as you likely know. Chances are good they may pass you the second time around. Good luck !
2006-06-26 08:57:46 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Don't worry about it. Just study harder. I know lots of agents that had to take it 3-4 times. If your employer has a problem with it you could always go independent...assuming you pass. It is fairly easy to get appointed with the best health insurance companies in your area.
The better question is are you representing the right company.
Either way the secret to success is marketing.
Good luck on the next one.
2006-06-28 02:37:50 · answer #6 · answered by Messett 1 · 0⤊ 0⤋
I had a co worker who took the test 3 times before he passed it and almost lost his job. I think employers expect employee's not the pass the first time b/c the test is so hard. Good Luck!
2006-06-26 17:53:02 · answer #7 · answered by Diva 2 · 0⤊ 0⤋
No, they are being much to nice, your employer does care and I predict if you fail it this time he will show you the door. Not being mean, just a realist.
2006-06-26 08:58:29 · answer #8 · answered by nashville 2 · 0⤊ 0⤋
No big deal. I worked with agents that failed it 5 times. Now, if you can sell, that's all that matters.
2006-06-26 08:54:13 · answer #9 · answered by hirebookkeeper 6 · 0⤊ 0⤋
It is a hard test. Your score was great. You will re-take it and pass this time! Good luck!
2006-06-26 08:50:59 · answer #10 · answered by educated guess 5 · 0⤊ 0⤋