0
22000
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
How much money can a life insurance agent earn?
0$-$1MM+
How much money does an insurance salesman earn?
Well it depends, where you are located and what company you work for, and what lines of insurance you sell. But as an average according to the Department of Labor The median annual earnings of wage and salary insurance sales agents were $41,720 in May 2004. The middle 50 percent earned between $29,980 and $66,160. The lowest 10 percent had earnings of $23,170 or less, while the highest 10 percent earned more than $108,800. Median annual earnings in May 2004 in the two industries employing the largest number of insurance sales agents were $42,010 for insurance carriers, and $41,840 for agencies, brokerages, and other insurance related activities. And if you are a "salesman" in this business you will not go far, because it is a business of ethics and morals, not so much throwing sales pitches around. Many sucessful agents are advisors or consultant and try to do whats best for their clients; being a salesman are for car dealers. Hope this helps!
What is the full form of ULIP and AML in life insurance?
UKIP: ULIP stands for Unit Linked Insurance Plan. It is a life insurance plan that combines life insurance with investment options. ULIPs allow policyholders to choose how their premiums are invested, and they can earn returns on their investments over time. AML: AML stands for Anti-Money Laundering. It is a set of regulations that financial institutions are required to follow to prevent money laundering. Money laundering is the process of concealing the origin of illegally obtained money. AML regulations help to ensure that financial institutions are not used to launder money.
How can interest earn you money and cost you money?
In savings, you earn itOn a bill or credit card, you pay it.Simple
How much does an insurance broker earn?
An insurance broker makes money by selling insurance to individuals or businesses.Depending on state regulations, commissions range between 2 to 8% of premiums.Broker's duty is to understand the client's requirements and provide them with the best insurance policy within budget.Salaries of brokers vary depending upon size of the company and the nature of its work.Some brokers receive performance related bonuses plus additional benefits.Brokers with commercial clients earn more than those with personal clients.
What is the income of an aflac associate?
An Aflac Associate is an independent insurance producer, contracted with Aflac to sell their products. Income varies greatly according to how long you have worked, since insurance is something people usually renew year after year. Most first year associates who work consistently full time will earn from $35-$65K, although certainly it is possible to earn more or less. Successful agents who don't quit will earn well over six figures after a few year's time.
How much does an insurance agent earn?
Many insurance agents earn their money by commission. If they do not earn commission, many would make around $25,000 and more yearly.
How much money does an appliance salesman earn?
An appliance salesperson averages between $35,000-$60,000 per year
What is the salary for an insurance salesman or hourly rate?
Insurance Salesman generally work on a commission basis, but their commission may include a base salary. Considering that the percentage of commission is constant regardless of premium size, an insurance salesman's income can be unlimited. Suppose the insurance premium for an apartment building is $40,000 per year, and the commission percentage is 15%. The agent would earn a yearly income of $6,000 for that single policy.
How much money can a life insurance agent earn?
0$-$1MM+
How much money does a title insurance representative earn?
I am a Title Insurance Agent in Florida. I earn $46,000 per year. I have 2 years experience and work for a small company.
Does being a pro volleyball player cover your health insurance?
Yes pro volleyball players do earn health insurance and dental insurance and they get loads of money too!
How are insurance agents compensated?
Insurance agents are paid commissions on the policies they sell to customers. In other words, they earn money when they make a sale.
Can your orgization help me get a vet according to my income And can you help me get pet insurance insurance?
earn some money for one
How much does a caterpillar equipment salesman earn?
as much as he desires.
How much does a Porsche salesman earn?
150-200k
How much money does a medical insurance biller earn in Michigan?
Medical insurance billers working in Michigan earn an average of $22,000 per year. This matches the annual nationwide average. The average annual salary for a medical insurance biller in California is $27,000.
