Given that life and health insurance coverage commissions are front-loaded, representatives typically don't get a commission after the third policy renewal. Sometimes, captive and independent representatives might earn contingent commissions, which are incentive-based. Insurance provider or companies might set specific objectives for achieving contingent commissions, such as: Reaching a certain volume of businessPolicy retentionGrowing a certain line of insuranceOverall profitability Overall, no matter the type of representative, the higher an agent's book of organization, the more commissions he or she makes.

Most U.S. states have disclosure laws that require representatives and brokers to offer this details. Some insurance representatives might get quarterly, semiannual, or year-end rewards based upon their sales performance. For captive agents, efficiency benefits can include up to 20% or more of their income. Independent representatives normally

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