VARIABLE Contract, Series 6, 7, 63 Reps

VARIABLE CONTRACT LICENSED REPRESENTATIVES. SERIES 6, 7, 63, REPS COUNTS (non wire-house)  A18

A variable insurance policy requires special NASD licensing to sell. Why? Because it is a combination of an insurance based policy combines with an investment risk product. Here we are not talking about wire-house security representatives. Those security reps concentrate on the selling of individual stocks, mutual funds, and similar plans. The ones here, the insurance reps, pass a series 6, 7, and/or 63 exam to become an insurance broker representative.

If the insurance security rep decides to sell a life insurance policy is usually is called variable life. It could also be variable universal life. On the annuity end, the security sells a variable annuity, equity indexed annuity, and many combinations of the two. On either product, there is a tremendous of information that the individual consumer laws, state insurance department, and NASD require the securities rep follow. Many of these securities representatives call themselves estate planners or financial planners, as these policies are designed as long-term contracts. These estate planners and financial planners, when selling variable life and variable annuity products usually deal with wealthy individuals, retirees, and successful business owners.

Just because an insurance agent has a license to sell life, health or variable insurance does not mean he uses all his licenses nor sells a variety of products. Are his insurance sales always with his primary company? We waiting for if and if ever, an agent to first go outside to a non career company to sell a policy. The terminology changes then changes him from agent to insurance broker. The counts we are providing you come from our massive nationwide agent database of 1,050,000+ licensed insurance agents. All agent names and qualifications are then intensively scrutinized, review our article 600,000 agent losers and rising. With the remaining 440,000+, we further research our agent database information to analyze what specialty category they qualify for. Those agents that do, are labeled with a special classification code. These are the refined agent counts that appear below on this page.

LIST COUNTS FOR VARIABLE CONTRACT REPS

87,720

800-822-6424

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