USA Founding father Benjamin Franklin had also been in a great industry – insurance!

May 17, 2023

Three celebrities you never thought have worked in the insurance industry

In Hong Kong today’s society, with unaffordable rent and housing, how can ordinary labours find a way out? Want to enjoy your business with pleasure? Have you ever considered joining the insurance industry? The insurance industry may seem to have some negative comments, but if you uphold professionalism, understand your products before selling them to your clients, you will earn respect and career progression by word of mouth. More importantly, the insurance industry is assisting clients in getting through difficult times in their lives. Indeed, not just people that 2CExam often come into contact with, many successful professionals also started out selling insurance.

Let’s take a look at some famous celebrities, including the USA founding father, Hollywood star and some other people who have been a part of the insurance industry once in their lives.

  1. George Clooney – The Famous Actor 

George Clooney has acted in countless fantastic movies and TV shows, each of which has been a hit at the box office! Behind the fame, he has actually been through hard years. When he talked about his early hard years, he mentioned how he used to work as a door-to-door insurance salesman. In an interview with the Evening Standard, he said he was humbled by the experiences of selling insurance door-to-door. 

At one point, George Clooney recounted his story of a commission he had received for selling a life insurance policy, but the man died. However, if you haven’t encountered challenges, how can you be as bright as now?

  1. Harland David Sanders – Founder of Kentucky Fried Chicken 

Harland David Sanders is known by the name of his grandfather Kentucky Fried Chicken, and his likeness is sure to be seen whenever passing by the fast-food chain Kentucky Fried Chicken. Until now, his portrait is printed on the outer packaging of KFC merchandise. When Sanders’ father died when he was six while his mother was working, Sanders took on the responsibility of cooking for the family. Unfortunately, his mother later remarried and therefore he ran away from home after being abused by his stepfather. 

In his youth, Sanders held multiple jobs, including, of course, insurance broker. Sanders traveled the country promoting his method of frying chickens. If the restaurant likes the taste of fried chicken, he would pay the colonel 5 cents for every piece of chicken that was contracted to sell. Sanders recalled that he had been turned down 1,009 times when trying to promote his fried chicken, not succeeding until the 1,010th attempt. It is believed that most of his perseverance comes from his work experience as an insurance broker. If you are constantly rejected, try harder!

  1. Benjamin Franklin – Founding Fathers of the United States

As a founding father of the United States, he was a writer, printer, Freemason, postmaster, inventor, statesman etc. Of course, he was also an insurance pioneer. In 1752, Franklin created the Philadelphia Fire Damage Insurance, the first property insurance company in the Americas. In his view, insurance is a gift to society: “whereby every man might help another, without any disservice to himself.”

It could also be said that Franklin was a strong proponent of risk management, aimed at reducing risks and accidents before happening, not just compensating victims after losses. In an impassioned letter to the Philadelphia Gazette, Franklin offered one of his most famous maxims: “An ounce of prevention is worth a pound of cure.” Franklin’s contributions to the field continue to this day, now as The Philadelphia Contributionship.

How can we help?

2CExam provides HKSI LE, IIQE, EAQE and SQE related exam preparation materials. We sell mock question banks for IIQE Papers 1, 2, 3, 5 and MPFE in Chinese and English; and bibles for IIQE Papers 1, 2, 3, MPFE in Chinese. We also offer 1 on 1 tutorial services. Besides, we have also made free tutorial videos for IIQE Papers 1, 2, 3 and MPFE and posted on public channels such as Youtube/ Bilibili/ Tencent/ Iqiyi. 2CExam has been an exam training expert for years. Should you need any help please visit www.2cexam.com.hk or contact us through:

Phone +852 2110 9644 Email: [email protected] 

Wechat: hk2cexam WhatsApp: +852 9347 2064

Please support us by leaving comments and likes if you think this article helps you!

You can scan or click on the QR codes to visit our social media.

Latest Article

Categories

過往文章

Contact US

Interesting Articles

What is the Use of an HKSI Notification of Result and Certificate? Do I Need to Submit Both for SFC/HKMA License Application?

May 25, 2021

HKSI’s notification of results and HKSI certificate are two different kinds of proof. The Hong Kong Securities and Investment Institute is responsible for organizing examinations and issuing certificates. Therefore, the notification of results and certificates are issued by HKSI. However, passing the HKSI LE exam and being issued a certificate is not necessarily related. Anyone…

Can a Masters degree graduate in Management, literature subjects graduate, top up degree graduate in finance and law or associate degree holder waive some of the HKSI LE securities exam papers?

May 20, 2021

Earlier we shared that there are some circumstances where students who wish to join the industry as securities practitioners can possibly be exempted from certain exams based on their academic qualifications and/or work experience. If you meet certain academic and/or work experience requirements, students may not have to take HKSI LE Papers 7-12. In other…

How can I verify the identity of past insurance brokers and insurance agents? How to check the insurance intermediary license records expired before September 23, 2019?

May 20, 2021

Where can I verify the identity of insurance brokers and insurance agents?   For information on insurance intermediaries that are still valid after September 23, 2019, or newly applied after that day, you can find them on the public search on the website of Insurance Authority:  https://iir.ia.org.hk/#/index   The development history of insurance brokers and…

Can a holder of an original SFC type 1 license be a type 4 and the type 9 license R.O.?

May 13, 2021

Why do fund managers/asset management companies need to obtain a Type 4 license? There is a type 1 regulated activity (Dealing in Securities) license holder who has many years of experience. This person has passed the Paper 6 of the Licensing Examination for Securities and Futures Intermediaries (HKSI LE). Can he become the RO responsible…

What is the difference between an insurance agent and an insurance broker?

May 13, 2021

Isn’t every business that sells insurance policies called an insurance company? Can an insurance broker mean  both an individual and a company? What are the main differences between insurance brokers and insurance agents? An insurance broker (Broker) selects suitable insurance products on behalf of the client. It can refer to an individual or a company.…

What is the difference between a licensed corporation and a registered institution?

May 12, 2021

  Which licensing exam should a bank staff patake in? Is it regulated by the SFC or HKMA? What does it mean by the commonly mentioned term “SFC license”?  The Securities and Futures Commission, also known as SFC, is the statutory regulator of the securities industry in Hong Kong.The Securities and Futures Commission was established…

What is the difference between an estate agent and a real estate salesperson?

May 12, 2021

Should I take EAQE or SQE to get into the real estate industry? The EAQE/SQE real estate examination result itself does not mean a license Passing the EAQE/SQE exam is just one of the conditions for applying for a license. Passing the exam does not mean obtaining a license, nor can you start your real…

How long is the validity period of the EAQE/SQE license?

May 12, 2021

Do I need to renew my license every year? Where should I apply for a license renewal? Huh? Isn’t the EAQE/SQE test result a license?! Passing the EAQE or SQE is one of the licensing conditions for obtaining a real estate agent/salesperson license. The EAQE and SQE exams are held by the Institute of Professional…

How long is the IA license valid for?

May 12, 2021

Do I need to renew my license every year? Where should I apply for a license renewal? Isn’t the IIQE exam score a license?! Obtaining passing results in the IIQE (Insurance Intermediaries Qualifying Examination) held by the Institute of Professional Education and Knowledge (VTC PEAK) is one of the requirements for applying for an insurance…

How long is the SFC license valid for?

May 11, 2021

Do I need to renew my license every year? Where should I apply for renewal? Will the SFC license become invalid? We often hear people mention the 178 license. What does that mean exactly? In fact, “178 license” is a common misnomer. 178 does not refer to a license, but a combination of exam papers…