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This will depend on how many customers you have. The more customers you have the more money you can make each month.

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11y ago

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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!


How much does the agent make off house insurance?

Typically 10% commission.


What is No Load Life Insurance?

No Load life insurance is a type of life policy that charges much lower fees than standard life policies. These fees can be reduces because the selling agent receives little to no commission on the sale.


How much commission get a agent in shri ram life insurance company?

Amount & Percenatge is Differ for Every Policy,But Sriram is giving best in the idustry


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 does insurance salesman make off each policy?

It depends on the type of insurance? Yes, it depends on the type of insurance. Life insurance generally pays a first year commission of 50% of the annual premium, to the writing agent, and a trail renewal of 5% each year for the next 9 years. Disability insurance generally pays a 40% commission the first year . Car insurance pays a 15% commission, etc. So, as you can see, the agent's compensation varies, depending upon the type of insurance written.


How much commission you make an independent insurance agent?

An independent Insurance Agent can negotiate with an insurer for his or her commission rate. Most independent agents represent many insurers with various commission and premium rates in order to offer a wider range of policies and companies than a captured agent would to the insured. That's just part of being an Independent insurance Agent. You have more than one company to offer. Most companies that an Independent Agent places coverage with will initially offer a set commission rate. If the agent performs well they can then renegotiate


How much money can a life insurance agent earn?

0$-$1MM+


How much does a life insurance agent make?

About well 500 bucks a day.


How much commission to insurance agent on Universal LIfe policies?

In Canada, in the case of a brokerage (independent business that can sell products from a number of different insurance companies) usually 60% of the 1st year's premium goes to the insurance brokerage (business that the aggent works for) and then the agent may get 60% of that . If a brokerage does enough volume, they may qualify for a "bonus" from the insurance company and the agent may receive a portion of this too, upon the descretion of the brokerage.


How much money can a insurance agent make?

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.


How much is insurance for a Volvo?

That would be best answered by an insurance agent. Contact your local insurance agent.