Since life and medical insurance commissions are front-loaded, agents usually do not receive a commission after the 3rd policy renewal. At times, hostage and independent agents might earn contingent commissions, which are incentive-based. Insurance provider or firms may set specific objectives for accomplishing contingent commissions, such as: Reaching a certain volume of businessPolicy retentionGrowing a certain line of insuranceOverall profitability In general, no matter the type of representative, the higher an agent's book of company, the more commissions he or she earns.

A lot of U.S. states have disclosure laws that need agents and brokers to provide this information. Some insurance representatives may get quarterly, semiannual, or year-end rewards based on their sales performance. For captive agents, efficiency bonuses can include up to 20% or more of their income. Independent representatives usually do not receive efficiency rewards unless they

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