Because life and health insurance coverage commissions are front-loaded, agents normally do not receive a commission after the 3rd policy renewal. At times, captive and independent representatives might earn contingent commissions, which are incentive-based. Insurer or firms may set particular goals for attaining contingent commissions, such as: Reaching a specific volume of businessPolicy retentionGrowing a specific line of insuranceOverall profitability In general, no matter the type of agent, the greater an agent's book of business, the more commissions she or he makes.

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

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