Good future for an insurance adviser

Dear Mr Tan,

Is being an insurance agent/financial consultant still a viable career option now, as the market is quite saturated right now with many insurance agencies.

What is your view on financial advisor as a career option compared with say property agent?

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My reply:

There is a good future for an insurance adviser who is willing to act in the interest of the customers. They can make a good income. There are so many customers who looks for an honest adviser who is willing to do the best for them.

I know of many insurance advisers in NTUC Income who offer good products to their customers, and help their customers to get a good return on their investments and good coverage at a low cost.

The insurance advisers are able to earn a fairly good level of income, say $5,000 or higher, but they work hard and effectively. They sell more insurance, even though they earn a lower rate of commisison on each sales.

Many of them continue to be successful for 10 or 20 years.