Since life and health insurance commissions are front-loaded, agents usually don't get a commission after the third policy renewal. At times, slave and independent agents might make contingent commissions, which are incentive-based. Insurer or firms may set certain objectives for achieving contingent commissions, such as: Reaching a certain volume of businessPolicy retentionGrowing a specific line of insuranceOverall success Overall, no matter the kind of representative, the higher a representative's book of service, the more commissions she or he earns.

A lot of U.S. states have disclosure laws that require representatives and brokers to offer this info. Some insurance representatives might receive quarterly, semiannual, or year-end benefits based upon their sales efficiency. For captive agents, performance benefits can include up to 20% or more of their income. Independent agents typically do not get performance bonus offers unless they work for an

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