The income of an insurance agent after 10 years can vary widely based on several factors, including the type of insurance they sell, their commission structure, and their location. On average, a seasoned insurance agent in the U.S. can make anywhere from $50,000 to $100,000 or more annually. High-performing agents, especially those in commercial insurance or with a strong client base, may earn significantly more through bonuses and commissions. Additionally, agents who own their own agencies could see even higher earnings.
About well 500 bucks a day.
Depending on the location, a captive insurance agent (an agent that is contracted through a company, ie: state farm, farmers etc.) in their first year should make between $35-$50k
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.
This depends on the policy. The best thing to do is to call the life insurance agent to ask about the specific policy in question.
How much can a insurance broker make
it ranges from 8.50 to 293.00
It varies depending on the type of coverage, amounts of premium involved, and the contract the agent has with the particular insurance company.
About well 500 bucks a day.
over 20,ooo dollars
Typically 10% commission.
That would be best answered by an insurance agent. Contact your local insurance agent.
== ==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.
Depending on the location, a captive insurance agent (an agent that is contracted through a company, ie: state farm, farmers etc.) in their first year should make between $35-$50k
In the past 10 years I have seen the rates range anywhere from 10-15%, depending upon the contract and volume of policies sold.
Call and ask your insurance agent.
An insurance agent selling health insurance on an individual basis, earns about 10% of the premium. Come carriers pay more for the first year and less in subsequent years. According to the department of labor the average agent earns about $44,000 per year. Don http://mtnhealthinsurance.com
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.