Given that life and health insurance commissions are front-loaded, agents normally do not get a commission after the third policy renewal. At times, captive and independent representatives may make contingent commissions, which are incentive-based. Insurance provider or agencies might set particular goals for attaining contingent commissions, such as: Reaching a particular volume of businessPolicy retentionGrowing a specific line of insuranceOverall profitability Overall, no matter the type of agent, the greater a representative's book of service, the more commissions she or he earns.

The majority of U.S. states have disclosure laws that need agents and brokers to offer this details. Some insurance agents may get quarterly, semiannual, or year-end rewards based on their sales performance. For captive representatives, efficiency rewards can add up to 20% or more of their earnings. Independent representatives usually do not get efficiency benefits unless

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