FAQs for Independent Agents
The Broker Group works with both new and experienced insurance professionals who want the flexibility to grow an independent practice, build an agency, or pursue both. These FAQs explain how agents can join TBG, get licensed and contracted, access carriers and training, and build their business through the platform.
How do I join The Broker Group as an independent insurance agent?
Agents can join The Broker Group by completing the online new associate application. From there, TBG helps guide each agent through the appropriate next steps, which may include licensing assistance, E&O coverage, carrier contracting and appointments, access to internal systems, training, technology tools, and mentorship.
Do I need an insurance license before joining The Broker Group?
No. Someone who’s new to the insurance industry can begin the process with The Broker Group before becoming licensed, and TBG can provide access to pre-licensing resources and licensing assistance. Before conducting business, the agent must complete the applicable licensing, E&O, carrier contracting, training, and other state or carrier requirements.
What makes The Broker Group different from other insurance IMOs?
The Broker Group is designed to be more than a source for carrier contracts. TBG combines carrier access, compensation opportunities, technology, training, mentorship, back-office support, and agency-building infrastructure so agents can develop a personal practice, build an organization, or do both while maintaining their entrepreneurial independence.
What insurance carriers and products can agents access through The Broker Group?
The Broker Group works with a broad portfolio of insurance and financial-product companies, including F&G, Corebridge Financial, National Life Group, North American, Nationwide, Athene, Global Atlantic, Prudential, OneAmerica, Mutual of Omaha, Symetra, Pacific Life, Foresters Financial, AuguStar, American National, Ethos, and others. Available product categories include term life, whole life, indexed universal life, final expense, fixed and fixed-indexed annuities, retirement income solutions, long-term care and chronic illness solutions, business planning, estate-planning strategies, and financial strategies for children and college planning. Carrier and product availability varies by state, licensing, appointment status, product, and other applicable requirements.
How does compensation work for agents at The Broker Group?
The Broker Group uses a performance- and leadership-based compensation structure. Agents can qualify for higher contract levels as their production and organization grow, while qualified agency builders may also have opportunities for leadership override compensation based on production within their organization. Actual compensation varies by carrier, product, contract level, and qualification.
What training and mentorship does The Broker Group provide?
The Broker Group provides ongoing training for both new and experienced agents, with topics covering product knowledge, life insurance, annuities, retirement planning, client presentations, prospecting, sales, recruiting, agency building, leadership development, advanced markets, compliance, and carrier-specific requirements. Agents also have access to recurring weekly training, mentorship from experienced producers and agency builders, regional events, leadership meetings, boot camps, and company events.
What technology and back-office support does The Broker Group provide?
The Broker Group provides access to CRM and technology tools, quoting and case-design resources, internal systems, and other resources designed to support an agent’s day-to-day business. TBG’s back office also assists with areas such as carrier contracting, commissions, carrier-related issues, and general operational support.
Can I build a team and grow an agency through The Broker Group?
Yes. Agents can focus on personal production, agency building, or a combination of both. For agents who want to build an organization, TBG provides recruiting, leadership-development, mentorship, compensation, and business-building infrastructure designed to support long-term growth.
Can I work with The Broker Group part-time or remotely?
Yes. The Broker Group supports both part-time and full-time paths and works with agents nationwide through a remote-friendly platform. Agents still need to meet the licensing, appointment, training, and other requirements that apply to the states and products in which they conduct business.
How quickly can a new agent get started and earn a first commission?
There’s no guaranteed timeline for getting started or earning a first commission. Timing depends on factors such as licensing status, E&O coverage, carrier contracting and appointments, required training, application processing, and the agent’s own production activity. TBG’s onboarding and back-office support are designed to help agents complete the required steps as efficiently as possible.
FAQs for Consumers
The Broker Group helps individuals, families, and business owners explore insurance and financial strategies for protection, retirement, long-term planning, and wealth transfer. These FAQs provide straightforward answers about the solutions available through TBG and what consumers can expect when exploring their options.
What services does The Broker Group offer consumers?
The Broker Group offers retirement planning, life insurance, long-term care and chronic illness solutions, business owner solutions, estate-planning strategies, and HeadStart planning for children and families. TBG also provides access to annuity and retirement-income products through its network of insurance and financial-product companies.
How can The Broker Group help with retirement planning?
The Broker Group helps clients evaluate strategies designed to support income and financial security throughout retirement. Depending on a client’s goals and available options, that may include fixed annuities, fixed-indexed annuities, retirement-income solutions, life insurance, and other insurance-based strategies.
What types of life insurance are available through The Broker Group?
The Broker Group provides access to several types of life insurance, including term life, whole life, indexed universal life, and final expense coverage. The appropriate type of coverage depends on factors such as the client’s protection needs, financial goals, time horizon, budget, eligibility, and the products available in their state.
Does The Broker Group offer annuities?
Yes. The Broker Group provides access to fixed annuities and fixed-indexed annuities through participating carriers. Annuities can be used as part of a retirement strategy for accumulation or future income, but product features, guarantees, limitations, and availability vary by carrier and contract.
What are long-term care and chronic illness solutions?
Long-term care and chronic illness solutions are designed to help clients prepare for the financial impact of needing extended care or experiencing a qualifying health condition. Depending on the policy, benefits may help address certain eligible care expenses or provide financial support when specified policy conditions are met.
What solutions does The Broker Group offer business owners?
The Broker Group works with business owners on insurance and financial strategies related to business protection, succession planning, key employee retention, and long-term financial planning. The appropriate strategy depends on the structure of the business, the owner’s goals, and the insurance or financial products available for the situation.
How can life insurance fit into an estate-planning strategy?
Life insurance can be used as part of an estate plan to provide a death benefit for beneficiaries and support broader wealth-transfer or legacy goals. The Broker Group can help clients evaluate insurance and financial strategies that complement an estate plan, while legal documents such as wills and trusts and specific legal or tax questions should be addressed with the appropriate professional advisers.
What are HeadStart Plans from The Broker Group?
HeadStart Plans are focused on beginning financial planning for children early, with strategies designed around goals such as education funding and longer-term financial preparation. The specific insurance or financial approach can vary based on the family’s goals, circumstances, available products, and eligibility.
Are the same insurance carriers and products available in every state?
No. Carrier and product availability can vary by state, licensing, appointment status, product type, eligibility, and other applicable requirements. The Broker Group can explain which options are available for a client’s particular situation and jurisdiction.
How do I get started with The Broker Group as a consumer?
Consumers can start by contacting The Broker Group to discuss their financial goals, insurance needs, or planning priorities. The TBG team can then explain the available options and help the client explore solutions that fit their circumstances and the products available to them.