Since life and health insurance coverage commissions are front-loaded, agents typically do not get a commission after the third policy renewal. At times, slave and independent representatives might make contingent commissions, which are incentive-based. Insurance provider or companies might set particular goals for attaining contingent commissions, such as: Reaching a specific volume of businessPolicy retentionGrowing a particular line of insuranceOverall profitability In general, no matter the type 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 need agents and brokers to provide this information. Some insurance agents may get quarterly, semiannual, or year-end rewards based on their sales performance. For captive representatives, efficiency benefits can amount to 20% or more of their earnings. Independent agents generally do not get efficiency perks unless they

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