How much money does an insurance agent earn?
How much DO insurance agents make? Depending on whether you are in the US or AUS, they make about 15% and 12% respectively off the quoted price.
Insurance agents make their money on a percentage commission from the insurance company the larger the premium the more money the agentreceives, or if they are small policies the agent may receive an amount per policy sold. Basically the more insurance policies that are sold the more money the agent will make.
As much as you want. It all depends on how hard you are willing to work, how many companies you contract with, what they offer and how good your lead base is. Independent life insurance agents can make six figures in their first year if they have the right stuff, don't give up and have all their eggs in a row.
£1.00 a hour and now it is your job to find out how much money they earn in a day £1.00 a hour and now it is your job to find out how much money they earn in a day £1.00 a hour and now it is your job to find out how much money they earn in a day £1.00 a hour and now it is your job to find out how much money…
At Massachusetts Mutual Life Insurance Co how much commission does an agent earn or receive for selling a 100000 survivorship whole life insurance policy?
Generally, whole life insurance pays a first year agent's commission of 55%; the General Agent then get's an override of appx. 45%, which may or may not be shared with the agent. But keep in mind that the agents commission is not relevant to the descision to buy if the life insurance proposed is the correct answer to the problem!