Frequently Asked Questions
What is 9th Wonder Financial?
9th Wonder Financial is a premier insurance marketing organization for independent insurance agents and agency builders in the New York metropolitan area covering New York, New Jersey, Connecticut and Eastern Pennsylvania.
What does an 9th Wonder agent do?
A 9th Wonder agent provides families and seniors with protection for themselves in the form of life insurance and Medicare. Agents provide a multitude of different products to their clients through 9th Wonder’s carrier partners. 9th Wonder agents are independent contractors, owning their own business, creating their own schedule, and writing their own paycheck.
Are agents paid commission only?
Yes. Other than the bonuses paid by 9th Wonder, our agents make their living from commissions paid by our various insurance companies.
Is an insurance license required to work with 9th Wonder Financial?
Yes. Agents must have, or obtain, a life insurance license for the state(s) in which they would like to write business.
Are there any fees to join the 9th Wonder team?
No. And we are proud of that! At 9th Wonder, we are in the business of selling insurance. We view our agents as partners and want our agents to reach their full sales potential in a professional atmosphere. That is why we do not have any membership fees, special club fees, contract promotion fees, or training university fees.
Is insurance license required to work with 9th Wonder Financial?
Yes. The Insurance industry is highly regulated. All of our agents must have, or obtain, a life insurance producer’s license for the state in which they reside in order to write business. A non-resident license is required to write business in other states.
How do I get my insurance license?
You can do all your state-required, pre-licensing studying online with ExamFX (in as little as 5 days!). To register for your licensing course with a heavily discounted rate, contact your direct manager. You will be required to take your license exam at a state approved facility. ExamFX will help you locate the testing facility nearest you.
Who is going to train me?
You will receive training from numerous people. Your direct upline, regional manager, colleagues, and 9th Wonder executives will all help train you. Being a 9th Wonder agent gives you access to our Training Center that houses a complete library of training videos and documents. There are also daily training webinars Monday – Friday.
Are agents paid by commission only?
Yes, agents are paid by commissions through our carrier partners on the products they sell. In addition, 9th Wonder also offers our agents and managers a monetary, monthly bonus for those who qualify.
How much can a new agent make?
An agent’s income potential is based on their activity level, placement rates, and ability to assist clients. With the average policy paying out $700 – $1,000 in commission, we have many agents who make six-figures their first full-time year in the business with no prior experience.
Are there opportunities for advancement into management?
Yes. The 9th Wonder System is designed to help facilitate growth and assist our agents in building their own agencies. In addition to the support of 9th Wonder’s leaders, our comprehensive training platform features education designed to help train and support agents who would like to build an agency of any size.