Since life and health insurance commissions are front-loaded, agents generally don't get a commission after the third policy renewal. Sometimes, captive and independent agents might make contingent commissions, which are incentive-based. Insurer or companies might set specific goals for accomplishing contingent commissions, such as: Reaching a specific volume of businessPolicy retentionGrowing a certain line of insuranceOverall profitability In general, no matter the type of representative, the higher a representative's book of business, the more commissions she or he earns.

The majority of U.S. states have disclosure laws that need representatives and brokers to supply this info. Some insurance agents might receive quarterly, semiannual, or year-end bonuses based on their sales efficiency. For captive agents, performance benefits can amount to 20% or more of their earnings. Independent agents normally do not receive efficiency bonus offers unless they

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