What can be a long-term impact on an agent's reputation due to non-compliance?

Non-compliance with regulations and guidelines can significantly harm an agent's professional credibility. When agents fail to adhere to the legal and ethical standards set forth by governing bodies, it can lead to a loss of trust among clients, colleagues, and industry peers. This degradation of trust can result in clients seeking services elsewhere, thereby affecting not just current relationships but also future opportunities for referrals and new clients. In the long run, an agent's reputation is crucial for sustained success in the insurance industry, and non-compliance can create a lasting negative perception that is difficult to reverse, ultimately impacting an agent's ability to do business effectively.