If you are an authorised insurance broker then the process is quite easy and a lot more open. However, even as an average person on the street you can still get involved and be earning commissions.
For a qualified insurance broker
For a qualified insurance broker, you can arrange with the insurance companies that you will take details or provide quotes directly from your website. All that you need to do then is to get plenty of people onto your website.
For every body else
Selling insurance and advising people as to what insurance policies they can buy is a regulated business, so you cannot sell directly to the man on the street. However, there are still ways for you to make money selling through insurance policies.
For a start you can simply display some banners on your existing website. For example, if you have a travel website then you can link to an insurance company that has an affiliate scheme. Then if your visitors click on the link and then buy some insurance you earn an affiliate commission, and in the insurance business these commissions can be quite substantive.
Or you can sign up to various schemes that will provide you with insurance comparison tables. Again, you can build these into an existing website or you might want to create your own website to host these tables and other banners. Now all that you need to do is (as with the broker) drive some traffic to the website and wait for the commissions to start rolling in.
Where can the traffic come from?
You can use all of the usual forms of traffic, as long as you take care in different ways. For example, if you want to use Pay Per Click to advertise your insurance website then be aware that so do a lot of other websites and the costs are going to be very high, unless you are very clever with your choice of keywords.
You also have to be very careful with the wording of your advert so as not to tread on other companies' toes whilst not making promises or claims that are outside of what is permissible.
Search engine optimisation is also possible and maybe has a little more freedom, but again it suffers from a lot of competition. You can optimise your website for long tail keywords that have less traffic than the obvious keywords and this tends to have more success.
But as an affiliate, then the best way can be the traditional affiliate working of running a website with plenty of traffic and adding insurance banners that are relevant to your readers.
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Written by Keith Lunt
Article Source: [
http://EzineArticles.com/?How-to-Sell-Insurance-From-Home&id=6092968] How to Sell Insurance From Home