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Retention Plans: How Life Insurers Are Getting Agents to Stay on the Job

Retention Plans: How Life Insurers Are Getting Agents to Stay on the Job

The American College of Financial Services
Best's Review
September 1, 2021

One of the biggest issues facing life insurance companies today is retaining the agents they hire, with statistics showing only 15 out of every 100 agents will still be with their employer after four years. The College is stepping in to fill the gap with a new initiative to train agents in different financial services fields, including wealth management, estate planning, retirement planning, and more.

Learn more about the partner program with New York Life in this piece from Best’s Review.

Invest in your career with a professional designation.

Launched in 1927, the Chartered Life Underwriter® (CLU®) designation is the insurance profession's oldest standard of excellence. With it, you’ll be able to provide expert-level insurance solutions, from helping clients choose the right types and amounts of life insurance to guiding clients through aspects of risk management. Expand your knowledge and elevate your career opportunities.

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