Perfil do usuário

Brumbaugh Cuomo

Resumo da Biografia

Because life and health insurance commissions are front-loaded, representatives generally do not get a commission after the 3rd policy renewal. At times, slave and independent representatives may make contingent commissions, which are incentive-based. Insurance provider or companies may set specific objectives for accomplishing contingent commissions, such as: Reaching a certain volume of businessPolicy retentionGrowing a certain line of insuranceOverall success Overall, no matter the kind of agent, the greater an agent's book of service, the more commissions she or he makes.

A lot of U.S. states have disclosure laws that require agents and brokers to provide this information. Some insurance coverage agents might get quarterly, semiannual, or year-end bonuses based upon their sales performance. For captive representatives, efficiency bonuses can include up to 20% or more of their income. Independent representatives normally do not get performance benefits

click here to investigate