Insurance agents needs advice?

Question

the policy is 23 per month 100,000 deafth B.

my commission is 80% and 55% advanced.

how muchc is my commission check

Answer 1

$23 X12 = $276.00 X .80 = $220.80 X .55 = $121.44

Your first commission check will be $121.44. The balance of your FYC will be paid as earned. In other words, $99.36 will be paid over the last five months of the first policy year. ($19.87 a month.)

This is if your commission contract says that the annual policy fee is commissionable.

Answer 2

$121.44

it depends on how the company pays you if you get paid the annual premium of the poicly this is what you would make.

if the policy is $23.00 a month multiply that by 12 months

th en multipy that figure by .80 and muliply agian by .55 and there is you commission

Answer 3

23 * 12, take that * .8, take that amount *.55.   That's your first commission check.    $132.