Posted: Sat Mar 08, 2008 7:41 pm Post subject: health insurance commision
Hello all,
I have decided to pursue a career as an independent ins. agent and am thinking of just focusing on health and life. I want to get to know all I can about these two lines of insurance and I am wondering if these two are a good choice to pursue as far as commisions go. Can some one tell me what an average premium is for each of these policies and how this relates to my commision. Thank you and I understand there are many variables but I am just talking about a ballpark figure. Say something like an auto policy 1000/yr and 15% new commision, 10% renewal. TRhanks again. _________________ Register Now to have your Insurance queries solved.
Posted: Mon Mar 10, 2008 6:39 am Post subject: Analyzing things should be your 1st priority!
Dear guest....don't you think it would rather be difficult for you to operate at both of these arenas...Life & health would often go hand-in-hand for many companies...but when it comes to working as an individual agent...to earn a handsome figure each term...you need to ensure that your database grows upon its potentiality. So, it could be better if you take one thing at a time.
Thanks,
RosalindM _________________ Register Now to have your Insurance queries solved.
Dear guest....don't you think it would rather be difficult for you to operate at both of these arenas...
Yeah it may be easy to sell auto policy as it is the state requirement, but in terms of revenue earning the life and health insurance may get a rate higher than the auto policies. _________________ Register Now to have your Insurance queries solved.
It's much easier to prospect for health than auto. Where do you find auto prospects outside of your natural market? However, people looking for affordable health insurance are everywhere.
Where are you located? My company is looking to contract some independent Life agents and we are paying very high commissions. Please let me know if your interested. _________________ Charles Maniglia
Director of Marketing
Okay, I realize its early Monday morning and I might still be a bit "foggy" but, think I missed something here.
Quote:
I have decided to pursue a career as an independent ins. agent and am thinking of just focusing on health and life. I want to get to know all I can about these two lines of insurance and I am wondering if these two are a good choice to pursue as far as commisions go. Can some one tell me what an average premium is for each of these policies and how this relates to my commision. Thank you and I understand there are many variables but I am just talking about a ballpark figure.
Doesn't it seem that we're gathering a little information about the L&H industry here?
Quote:
Say something like an auto policy 1000/yr and 15% new commision, 10% renewal.
Then, from way out in left field, someone decides to throw in a little P&C. That should be illegal.............
If we have questions about L&H, we'll darn well address those. If you'd like to stick with auto insurance, you guys'll have to cover that. _________________ Please feel free to go to my website at www.markcolbert.com or, if you have a specific question, you can email me directly. I hope I can answer any questions you might have. If not, I can certainly find an answer right away.
I think we just have too many auto-explanation threads at the forums to make things simpler in terms of auto.. _________________ Register Now to have your Insurance queries solved.
Posted: Sat Nov 15, 2008 3:54 pm Post subject: Health Insurance Commission
I think I have to move out of NJ ... an Ind Agent in NJ gets get 5-5.5% commission on new small group health, 4.5-5% on renewals and about 7% on mid-large group health. Small group has to be written through a GA in NJ. No renewal commission on Life policies as far as I know. _________________ Register Now to have your Insurance queries solved.
... an Ind Agent in NJ gets get 5-5.5% commission on new small group health, 4.5-5% on renewals and about 7% on mid-large group health. Small group has to be written through a GA in NJ. No renewal commission on Life policies as far as I know.
