A Hot Job for Hard Times: The Life-Insurance Agent

One of the most old-fashioned occupations in finance is back in favor: the life-insurance agent.

Some big insurers are adding thousands of agents and planning to sign up more. They're taking advantage of the weak job market to scoop up former real-estate agents, mortgage brokers, bankers and lawyers whose prospects have declined.

New York Life Insurance Co. added 3,618 agents last year. Northwestern Mutual Life Insurance Co. signed up 2,340. In Texas, a start-up with big-name backers opened in January with 2,200 agents and plans to double the number in three years...

WSJ: A Hot Job for Hard Times: The Life-Insurance Agent
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