Given that life and health insurance commissions are front-loaded, representatives usually do not get a commission after the third policy renewal. At times, captive and independent representatives may make contingent commissions, which are incentive-based. Insurer or agencies may set particular goals for accomplishing contingent commissions, such as: Reaching a certain volume of businessPolicy retentionGrowing a particular line of insuranceOverall success Overall, no matter the kind of representative, the higher a representative's book of organization, the more commissions she or he makes.

Many U.S. states have disclosure laws that require agents and brokers to offer this info. Some insurance representatives may get quarterly, semiannual, or year-end perks based upon their sales performance. For captive representatives, efficiency perks can include up to 20% or more of their earnings. Independent agents usually do not get performance benefits unless

site here