How long should an insurance agency keep records?

How long should an insurance agency keep records?

five years
Under the broader rule of Title 10 California Code of Regulations section 2190.2, certain information must be kept for every insurance transaction for five years.

How much do New York Life Insurance Agents Make?

New York Life Insurance Company Jobs by Salary

Job Title Range Average
Insurance Agent Range:$31k – $88k Average:$48,682
Life Insurance Agent Range:$28k – $93k Average:$50,576
Customer Service Representative (CSR) Range:$31k – $62k Average:$43,376
Senior Customer Service Representative (CSR) Range:$34k – $71k Average:$48,094

How much does a licensed insurance agent make in New York?

Licensed Health Insurance Agent Salary in New York

Annual Salary Hourly Wage
Top Earners $87,749 $42
75th Percentile $47,165 $23
Average $52,398 $25
25th Percentile $37,841 $18

Is there any reason to keep old insurance policies?

Experts generally agree if you have renewed a “claims made” insurance policy, you can get rid of the ones preceding it. Because these policies only protect against claims made during the life of the policy, there’s no reason to keep them after they have expired.

What is the salary of a State Farm agent?

State+farm+agent Salary

Annual Salary Hourly Wage
Top Earners $53,500 $26
75th Percentile $41,000 $20
Average $37,517 $18
25th Percentile $27,500 $13

How to get long term care insurance in New York?

New York State Partnership for Long-Term Care – The Long Term Care Partnership Program was initiated in New York State to encourage more people to purchase long term care insurance policies. Phone: (888) 697-7582) or (518) 473-8083

How to become an insurance agent in New York?

Getting your New York insurance license is the first step to becoming an insurance agent in New York. Whether you’re interested in selling property and casualty insurance, life insurance, health insurance, or any combination of those lines of authority, this article has the information you need to get started.

Why do you need long term care insurance?

This information is intended to help you make informed decisions about the need for financial protection and, should you choose to obtain long term care insurance, to help you choose a policy that will meet your individual needs. What is Long Term Care and Will I Need It?

What does hiicap stand for in New York?

New York State HIICAP (Health Insurance Information, Counseling and Assistance Program) – HIICAP provides free, confidential, accurate and unbiased health insurance information, counseling and assistance.