How does commissions work for insurance agents? How are they able to get 100 or more % of commissions of they’re independent agents?

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How does commissions work for insurance agents? How are they able to get 100 or more % of commissions of they’re independent agents?

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Anonymous 0 Comments

Commissions work like this:

I sell you an insurance product that costs you $100 a month. I get 5% commission for this so as long as you’re still paying I’m getting $5 a month. Sell enough products and enough people keep their service, my commission check will be over $100 a month since each policy gives me $5 a month.