Author: Dr. Syed Ashraful Ferdous
(Copyright Reserved)
Let, you are a jobseeker. At first you have gone to one of the offices of the life insurance companies. You asked them for your need, requested them for a scope of desk-work. But, now the authority will neither say you ‘no’ nor they will provide you a desk work. Later on, upon frustration, when you will go to that officer again he will order you to work for the development sector. It should be mentioned that, your bio-data have already been resumed at the relevant office. Though you will mention again and again that you’re undesired to work at the development sector, the more will the authority will insist you for that work. Once upon a time if you join in that sector, everyday almost every personnel will inquired you, ‘How many policies have you opened?’ A bothering matter! As if the people are waiting in the lines at a bank to pay the fees of the water and electric supply in due time everyday!
Suppose that, you have succeeded to open some policies, and then submitted the files at the office. Now you deserve the right to get the full amount of the commission. But the office will subtract some amount from your commission for surrounding expenditure before they will give it to your hand as remains of a meal. There are usually some mistakes in the calculations. No respect is shown to the agents. Even clerks do not miss the chance to laud at them. The authority does not hesitate to cut-up the license fees from the commission even before the required number of policies has been obtained.
Now come to the matter about your commission or payment. Larger amount is promised at the time of recruiting, but that is reduced up to 30-40% while it is being paid. Besides, dilly-dallying is made to the policy holders. When the policy holders submitted their policy amount, additional charges are assigned in the papers. At the initial stage they are convinced with different kinds of profits and bonuses, but, at the end, of even after submitting a few premiums, those are reduced to a large extent.
Though you have been committed at the earlier stage to get a higher position, you will be bound by a large target after joining. Some businesses of stationary goods are also held at that office. Those are performed by the employees of that office, which go against the insurance representatives. The prices are 40% more than the market values. The radish of the previously mentioned position will be hanging towards you but to reach that you may have to wait for many years! In case the number of policies (submitted by you) increase, the interest of the authority towards you also increases; and they may keep you in the field level even after this increase. To avoid such unwanted circumstances, you should receive such appointment letter in which your commission, bonus and salary as well as the target of policies will be mentioned clearly. Hence, the probability of being deprived will be reduced. Even after these, if any problem arises you may contact the senior officers at the headquarter. Then you can get expected solutions. You can easily obtain the contact details in the handbills or prospectus of the headquarter of the relevant company.
Tags: Agent, Claim, Commission, Job, Life Insurance, Policies, Working Environment
