How much money/commission % do Life Insurance sales people make when they sell you a policy?

Question

Any kind.... or if specific needed- 30 yr term life 250K

Answer 1

it depends on the company, on your particular commission rate, and the type of product sold, but it can be anywhere from 40% for captive agents w/o any experience all the way up to130%for independent agents with proven production

Answer 2

diffrent commission  lic.icici,birla,  change of commision  for advisar  diside the company .   cirrent commision  in paeson.

Answer 3

Its depend upon on Policy/Company/term. Its 2%-40% (Ist year Premium)

Answer 4

I used to work for a company that sold term products through agents.  A typical term policy sold by an agent is getting about 100% or more of your first premium.  A typical term policy sold by a quote site is probably getting a little less.  

Other products like whole life and universal life will be a lower percentage of the premium since the premiums are bigger.

Answer 5

It depends on the company it can be 50% up to 110%

Just keep in mind Insurance sales is one of the toughest businesses to succeed in. Only 20 % of new agents survive the first year.

Answer 6

10-50% but they typically only get paid for what you pay in the first year.