I verified with the doctors office before bringing my son for his eye check-up that they are in network and they said yes. I paid the patient part, the health insurance does not want to pay them ...
I am pregnant, applied for medicaid and got denied. The website says it is net income but when filling out application it ask for income before taxes. If it was net pay we qualify. I am so ...
It should be against the law since everyone must carry car insurance. Also, what does my low credit score got to with my great driving record? Sounds like another reason to raise rates because most ...
i work a minimum wage job (not enough hours to qualify for benefits) i go to school full time, im 20 years old and im married. neither my husband or i get sick very often, should i put off health ...
There's this government contracted public pdoc services center that put me with a pdoc who wasn't in my insurance plan - twice - and charged me the full amounts plus co-pay. They took off ...
I am looking at purchasing new auto and homeowners insurance. Both Nationwide and Allstate will be saving me money in my current situation with Farmers Insurance. I have final quotes from both N...
HARRISON INSURANCE OF DALLAS WROTE AND CHARGED MY MORTAGE COMPANY FOR INSURANCE EVENTHOUGH HE WAS TOLD BEFORE AND AFTER CLOSING SCROW THAT HIS SERVICES WEREN'T WELCOMED,IS THIS LEGAL???...
I am looking for an affordable insurance for my whole family. We dont qualify for medi-cal or healthy families. In our family its my husband and I and 2 young children. If you have any suggestions, ...
WHO you've had coverage with? I can see them asking If you've had coverage but why is it so important WHO you've had it with? It is so irritating when they do that....
My parents who are approx. 70 years old are considering coming to live with my family to US. My main concern is how they are going to get the health insurance. Any pointers? Thanks in ...
A surgery was performed on the deviated septum a couple of years ago - turns out I STILL can't breath. And how will I go about getting coverage for a rhinoplasty....
Am I entitled to it? I was off on paid leave in 96, diagnosised with major depression in 95, and bipolar in 2003, I've lost jobs because I have a hard time while in a manic/depress ...
My wife got a bill from our doctor's office from July 2006 that states 'insurance has denied these services for timely filing'. 'We have submitted proof of timely filing $ they ...
pakk
What is the average commission percentage that an agent gets for the following types of insurance:?
Auto - 10 to 15%
Medical - 10% reduced to 2% after 3 to five years
Home - 15%
Travel - 10%
Life - 20 to 90% of first year premium depending upon the type of product you sell. Also reduced to 2% after a specified number of years.
These are what the independent agency might be paid but if you are employed as an agent for an independent agency you are probably looking at half of the commissions shown above.
If you are employed by a direct writer (i.e. State Farm) the rates will be lower than shown above.
pravesh
in non-life insurance it starts from 10 % to 15% varies from product to product .
for life it varies from 2.5% to 40% vary from insurance co. to co. and product u are offered
Comfortably Numb
My experience (In Canada a few years ago) was that commisions, to a certain extent, were negotionable. I received a 40% commission on the AYP (annualized yearly premium). I also received 110% of that amount as an "override". A pro-rated portion of this payment would have to be paid back if my client cancelled their policy (or died) within 3 years of the policies inception. At the time, I was licenced to sell: Life, Health, Occupation insurance. I cannot comment on any of the other insurance products.
Bharat
On life , it varies from 10 to 40%
Insuranceman
I tend to agree with Tom Z, however, there are some incentives for production. I have some auto insurance carriers that pay as high as 18% and some home insurance carriers that pay 20%.
I really depends on what kind of deal you can work out with your companies.
A lot of companies also pay a contingency commission based on production and loss ratio - which could pay you another 2-4% at the end of their reporting year (as one company I have runs from July to June to figure annual production.)
Homepage 
Financial
Forum 
Insurance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
