Can I Sell Life Insurance With A Felony?

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As a convicted felon, you may be wondering if you can still pursue a career in the life insurance industry. Selling life insurance can be a lucrative and rewarding career, but many people with a criminal record are unsure if they are eligible to obtain the necessary licenses and certifications. While a felony conviction can make it more challenging to secure a job in the insurance industry, it is not necessarily a dealbreaker.

The answer to whether you can sell life insurance with a felony depends on several factors, such as the nature of your conviction, the state you live in, and the specific requirements of the insurance company you want to work for. In this article, we will explore the different types of felonies that may disqualify you from selling life insurance and discuss the steps you can take to increase your chances of getting hired.

Can I Sell Life Insurance With a Felony?

Can I Sell Life Insurance With a Felony?

If you have a criminal record, your career options can be limited. However, selling life insurance can be a lucrative career choice for many individuals who have a felony on their record. The insurance industry is one of the few industries that are willing to hire people with criminal records. In this article, we will discuss the steps you can take to become a licensed life insurance agent with a felony.

Requirements to Become a Life Insurance Agent with a Felony

To become a licensed life insurance agent, you will need to meet certain requirements. These requirements may vary from state to state, but generally, you will need to:

1. Be Honest About Your Felony

When applying for a life insurance license, you will be required to disclose your criminal record. Lying about your criminal record can result in your application being denied or your license being revoked. Be honest about your past, and explain how you have changed since then.

2. Complete Pre-Licensing Education

You will need to complete a pre-licensing education course before you can take the licensing exam. This course will vary in length depending on the state, but generally, it will take between 20 and 40 hours to complete.

The Licensing Process for Felons

Once you have completed your pre-licensing education, you can begin the licensing process. The licensing process for felons is the same as for non-felons. You will need to:

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1. Pass a Background Check

Before you can be licensed, you will need to pass a background check. This background check will include a check of your criminal record. Even if you have a felony on your record, you may still be able to get licensed.

2. Take the Licensing Exam

Once you have passed the background check, you can take the licensing exam. The exam will cover topics such as insurance laws, ethics, and policy provisions.

Benefits of Selling Life Insurance

Selling life insurance can be a rewarding career choice for many reasons. Some of the benefits of selling life insurance include:

1. High Earning Potential

Life insurance agents can earn a high income. The amount you can earn will depend on factors such as your sales skills and the products you sell.

2. Flexibility

As a life insurance agent, you can work for yourself or for an insurance company. This gives you the flexibility to create your schedule and work from home.

Life Insurance Sales Vs Other Sales Jobs

Selling life insurance is different from other sales jobs in many ways. Some of the differences include:

1. Long-Term Relationships

Life insurance agents build long-term relationships with their clients. This is because life insurance is a long-term product that requires ongoing maintenance.

2. No Cold Calling

Unlike other sales jobs, life insurance agents do not have to do cold calling. This is because most life insurance leads come from referrals.

Conclusion

In conclusion, if you have a felony on your record, you can still become a licensed life insurance agent. You will need to be honest about your past, complete pre-licensing education, pass a background check, and take the licensing exam. Selling life insurance can be a rewarding career choice with high earning potential and flexibility. If you are interested in becoming a licensed life insurance agent, take the steps necessary to start your career today.

Frequently Asked Questions

Can I Sell Life Insurance With a Felony?

Having a felony conviction can make it difficult to find employment in certain industries, including insurance. However, it is not impossible to sell life insurance with a felony on your record. Each state has its own regulations and requirements for obtaining an insurance license. In some states, certain felony convictions may disqualify you from obtaining a license, while in others you may be able to obtain a license with certain conditions.

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It is important to be honest about your criminal history when applying for an insurance license. Insurance companies typically conduct background checks on potential agents and may deny your application if you fail to disclose your felony conviction. Additionally, some insurance companies may have their own policies regarding hiring individuals with criminal records.

How Can I Obtain an Insurance License with a Felony?

If you have a felony conviction and want to sell life insurance, your first step is to research the licensing requirements in your state. Some states may require you to complete additional education or training, while others may disqualify you from obtaining a license altogether. It is important to be honest about your criminal history on your license application and to provide any required documentation, such as court records.

Once you have obtained your license, you may still face challenges in finding employment with an insurance company. Some companies may have strict policies against hiring individuals with criminal records, while others may be more lenient depending on the nature of your conviction and how long ago it occurred. It is important to be upfront about your criminal history when applying for insurance jobs and to highlight any positive experiences or accomplishments since your conviction.

What Types of Felonies Can Prevent Me from Selling Life Insurance?

The types of felonies that can prevent you from selling life insurance vary by state. In general, felony convictions related to fraud or financial crimes may disqualify you from obtaining an insurance license. Additionally, felony convictions for crimes such as theft, embezzlement, or money laundering may also prevent you from becoming a licensed insurance agent.

If you have a felony conviction and are interested in selling life insurance, it is important to research the specific licensing requirements in your state and to consult with an attorney if necessary. They can help you understand your rights and options for obtaining an insurance license.

Do Insurance Companies Run Background Checks on Potential Agents?

Yes, insurance companies typically conduct background checks on potential agents as part of the hiring process. This may include a criminal history check, as well as verification of your education, work history, and other credentials. Insurance companies want to ensure that their agents are trustworthy and have the necessary skills and qualifications to sell their products.

If you have a felony conviction, it is important to be upfront about your criminal history when applying for insurance jobs. Attempting to hide your conviction or providing false information on your application can lead to the denial of your application or termination of your employment if the company later discovers your conviction.

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Can I Sell Life Insurance if My Felony Conviction was Expunged?

If your felony conviction has been expunged from your record, you may be able to sell life insurance depending on the regulations in your state. Some states may still consider expunged convictions when evaluating insurance license applications, while others may not. It is important to research the licensing requirements in your state and to be honest about your criminal history on your application.

Even if your conviction has been expunged, you may still face challenges in finding employment as an insurance agent. Some companies may have policies against hiring individuals with criminal records, even if the conviction has been expunged. It is important to be upfront about your criminal history when applying for insurance jobs and to highlight any positive experiences or accomplishments since your conviction.

In conclusion, while having a felony on your record may make it more challenging to sell life insurance, it is not impossible. Many insurance companies have strict guidelines when it comes to hiring individuals with criminal records, but they also understand that people make mistakes and deserve a second chance. It may take some extra effort to find a company that will consider hiring you, but with determination and perseverance, you can build a successful career in the insurance industry.

It is essential to be honest about your past and take responsibility for your actions. Being transparent about your criminal record and showing potential employers that you have made positive changes in your life can go a long way in gaining their trust. Additionally, gaining relevant certifications and education in the field can demonstrate your commitment to the industry and improve your chances of success. Selling life insurance with a felony may be challenging, but it is not impossible with the right attitude, work ethic, and dedication.

Meet Rakibul Hasan, the visionary leader and founder of Freeinsurancetips. With over a decade of experience in the insurance sector, Rakibul is dedicated to empowering individuals to make well-informed decisions. Guided by his passion, he has assembled a team of seasoned insurance professionals committed to simplifying the intricate world of insurance for you.

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