How does commission & residual income work?

Message Author
delicious-small Add to delicious
yahoomyweb-small Add to YahooMyWeb
blinklist-small Add to BlinkList
PostPosted: Tue May 22, 2012 1:53 am   Post subject:   

It can be. But your friend does not sell "Medicare" -- he is either selling Medicare Supplement or Medicare Advantage plans to seniors. Few agents get to $300,000 in income. Have him show you his check stubs to prove it. If he won't, it's because he doesn't make what he claims. If he says he can't -- for whatever reason -- then you know for sure he doesn't make the kind of money he's talking about.

I have several personal friends who make that kind of money, and more, and who would show you their checks without batting an eyelash. Much of their income is not from personal production, however, but from commission "overrides" on the production of other agents in their agencies.


CA-licensed Life & Disability Analyst. CA Insurance Lic #0596197. Also investigating insurance company abuses, and providing litigation support/expert witness services. Send me your questions, and I'll send you my answers.
Forum Expert
Leave a quick message

Forum Expert

Joined: 29 Nov 2009
Posts: 7888

Location: Pomona CA
107.67 Dollars($)

PostPosted: Thu Mar 12, 2015 1:04 am   Post subject: looking  

i am looking accepting a job as an agent. here is the offer...hw will pay for classes, i will receive $1000 per month plus 90%commission the first 2years. then down to 70% He is givingbme the last agents book which is built up over 6 years

Register Now to have your Insurance queries solved.

PostPosted: Thu Mar 12, 2015 5:46 am   Post subject:   

i will receive $1000 per month plus 90% commission
. Do you have any of this in writing? Because an arrangement like this is highly unusual in our business.

90% of what? You get 90% and the agency gets the other 35% on a cash value life policy, or you get 90% of the 125% and the agency gets the other 10%? I would want to see this spelled out on a piece of paper I could take to court as evidence of a breach of contract when things didn't turn out that way.

Additionally, there are virtually no residuals for life insurance business. You get a first year commission, and maybe a little something in the second year. But that's it. Always have to be writing new business.

Auto and homeowner's is different. Commissions are 15-20% of annual premium. So 90% of 15% of $1000 would be $135.

You need to ask more questions about the compensation. If there is a salary, then there is some sort of quota attached to that, because no one is giving a new, inexperienced agent a book of business and $1,000 per month plus commissions without some sort of target -- x dollars of new business per month. Are they going to give you sales training, or are you on your own, and calling your friends and relatives to drum up new business, or cold-calling people out of the phone book? What are you going to sell to the existing "book of business" that they don't already have? Or are you going to churn them out of their existing products and put them into new ones just to make a commission?

Makes very little sense to me.


CA-licensed Life & Disability Analyst. CA Insurance Lic #0596197. Also investigating insurance company abuses, and providing litigation support/expert witness services. Send me your questions, and I'll send you my answers.
Forum Expert
Leave a quick message

Forum Expert

Joined: 29 Nov 2009
Posts: 7888

Location: Pomona CA
107.67 Dollars($)

PostPosted: Mon Apr 16, 2018 7:02 pm   Post subject: Finally, Just What I Have Been Waiting For!  


My Name Is Romingson, I Provide Top Traffic System Rotator, All Real Visitor Visit You Website!

=We Are Work For Tou, New Traffic System=

=This Ads Will Run The All Traffic System=

=More Traffic Visitor,More Sales Opportunity!=

-If You Miss, Your Will Miss Forever And Never Know!-

( )

Have A Good Day

Register Now to have your Insurance queries solved.
Tanesha Ethridge

PostPosted: Wed Jun 13, 2018 1:37 am   Post subject: Free Leads System, High Traffic Area!  


Get Instant access To:

1000+ fresh opt-in leads every 24 hours!

10.000+ updated email addresses every week!

15.000+ updated email addresses every month!

100.000+ updated email addresses every month!

900+ updated surveyed phone verified leads every week!

140 SUPER HOT Daily Prospects (up to 100% Interest level)

+ Much more...


Mail 1000+ random leads from inside the members area EVERY 24 HOURS!

Just join - get INSTANT access - download leads!


Join here:

To your success!

Robert Sam

Register Now to have your Insurance queries solved.
Lasonya Bachus

PostPosted: Mon Sep 02, 2019 3:30 am   Post subject:   

Amanpour sellers on Twitter

The pm of Turkey is a nut case. Carzy. really a stupid man.

Contact me if you want more details on how he held a Turkish Airlines flight April 11 from Istanbul to Chicago.

A member of parliment was sitting next to me operational class. The Primie Minister held issues the plane for 2 1/2 hours. Everyone missed their contact lenses in Chicago but he would not let the plane fly because Muhammed Cetin was accusing him of corruption and embezzlement. Then they kicked me off the plane because I was capturing and was complaining about the delay for childish politics. 273 guests were screwed. everyone lie.

'll 15, 2014 during the 5:13 pm answer

I so wish our comments could alter the world but honestly I am afraid they never will. Powerful people run the show and use these realities to their welfare, We don see any news of going regularly in their country and fighting for their democracy and safety? No oil presently there? Not a big problems to funnel millions into someone pockets unaccounted for? What happened to fundraisers for other nations in truth would those who need help really get the help? It is not just south usa, We are seeing ukraina girls a world in crisis everywhere and it is looking like its those who are in power are only shopping for themselves. May God help us bear the pain and suffering everywhere may those who suffer find help somewhere? Yes our nation cannot help alone if we are not helping ourselves first we are suffering triggered not rich, Who can stop the corruption all over? which of you? and some tips? I say yes help but in that room country not ours? body fat help themselves fight for peace and well being why is this not a just cause to go help in their country? What might be priced at fighting for anymore.

Register Now to have your Insurance queries solved.

PostPosted: Fri Sep 13, 2019 12:56 pm   Post subject: hot russian mom  

Palo Alto within the net

Hope fades for construction at Fry's site

With its ambitious effort to revitalize the Ventura locality in danger of faltering, Palo Alto authorities agreed on Monday. Last comment 2 hours ago 33 criticism

The city of Palo Alto and school district's joint effort to redevelop Cubberley circle Center has hit a bump, With considerations. Last comment 2 hours ago 21 evaluations

Planning commissioners kick back Castilleja draft ecological impact report for additions

Finding gaps in the Draft environment Impact Report for Castilleja School's planned expansion, Palo Alto's training and. Last comment 1 hour ago 41 information

long time Palo Alto free lunch, Dinner program for the needy ends

Homeless which they breath been eating free lunches and dinners through the Breaking Bread program in Palo Alto now have to. monday, 9:55 AM 1 feed-back

Family of Armenian hot russian girls boy receiving care at Stanford for rare disease may be forced to leave

questionnaire: Nearly one inch three Santa Clara County teens have tried vaping

Menlo Park man accused of sexual assault of minors arrested again

Online program helps East Palo Alto mayor fulfill dream of getting a bachelor's degree

Palo Alto looks to commercial tax to fund shuttles, Rail upgrades

Arts festival features operational, incredible pieces for the home

Stanford women's volleyball coach Kevin Hambly must be delighted by the make up of his roster this season. The couseling for national champions return nearly its full team and have added talented players who can (which will) Make impression. monday, 3:42 pm.

Register Now to have your Insurance queries solved.

PostPosted: Fri Dec 13, 2019 3:34 pm   Post subject: Chinese girls  

multinational battleground remedies products niche expected to Grow At CAGR of most 3

A battleground therapy arrangement (BMS) increases the military apartment with a common activating photography (policeman) that utilizes collaborative hoping implements to boost decision making competence your soldiers. this method provides the flexibility to cope with and eliminate occasions at deal with part coupled with improves the range regarding that objective winning.

The main purpose of BMS is for you to offer real time tactical help and advice from battleground to raise the survivability of troopers. it possesses a global chinese babes consideration, spot gives up and then segmentation with functions, and consequently financial growth potential clients with neighbourhood (APAC, EMEA, because Americas). parts is definitely the market landscaping including equivalent analysis of the popular vendors as a forex trader.

international battleground regulation systems recent market 2016 2020, has long been put together based on a detailed present exploration through inputs as a result of industry experts. The article covers up the real estate market landscaping and expansion qualified prospects over in the future. The booklet perhaps even includes a discussion of the most crucial shops undertaking in this market.

Register Now to have your Insurance queries solved.

PostPosted: Wed Dec 18, 2019 10:23 pm   Post subject: spanish dating sites  

Full Text of All documents The Berkeley Daily Planet

's moldavian girls homeless population will get some protection from the early cold snap: a temporary winter shelter opened in Wednesday and, on account of a voucher program the City Council approved Tuesday, Hotel space will be out there for the most vulnerable.

Prompted by night time temperatures that plunged to the mid and low 30s this week, Mayor Shirley Dean put a serious event item on Tuesday's City Council Agenda to provide $35,000 for standard hotel rooms for the city's homeless who have children or who are physically or mentally too frail to stay at the city's temporary winter shelter at the Army Base. The council all approved the measure.

Theresa Traynor, Community service professional for 's Health and Human Services Department, Said the city has worked out an agreement with the YMCA and the Flamingo Hotel to provide rooms for those who qualify for the program.

The YMCA on Allston Way will have two to 15 beds priced at some homeless until April 30, By which time city officials estimate 447 of the very vulnerable people will have had access to the hotel.

Parents with children will be presented vouchers for the Flamingo Hotel on University Avenue, Which will provide several double occupancy rooms over the course of the winter. The hotel will house an estimated 700 to 1200 parents and children by April 30.

City officials estimate the rooms at the YMCA will cost as many as $17,000 and rooms at the Flamingo are anticipated to cost $15,000 over the subsequent five moldova dating and one half months. the $3,000 will be retained for current administration costs and for damages to the hotels.

"It's really wonderful to own YMCA and the Flamingo work with us again, celebrity fad Traynor. This is the third year the YMCA has taken part in the program and the second year for the Flamingo.

Disabled or ill homeless can apply for the resort voucher program at the Emergency Food and Housing Program, 649 4976. Parents with young kids can call the Women's Daytime Drop In at 549 4392.

The temp Winter Shelter

For the second year repeatedly, Is cooperating with and County to provide temporary shelter at the Army Base. The shelter has 100 beds accessible in a former bowling alley. There are 50 beds for homeless from and 50 beds if you happen to will be shuttled from three drop in locations around. The shelter opened Wednesday and will stay open until April 30. From the three locations the particular Veterans Building at 1931 Center St. as well as Trinity Church at 2362 Bancroft Way. Each morning the shuttle will return those who use the winter shelter to the University Lutheran Chapel on College Avenue where steps served breakfast.

The shelter is managed by tecnicalities Dignity, A non profit business run by Alex McElree, A Viet Nam Veteran who was formerly desolate.

"we've about saving lives here, McElree said near the entrance of the shelter as the first Social Service Transport buses arrived from. "It'll take a day or two to get all the glitches out but everything will be fine,

Last year the shelter had an unusually high number of female clients who are actually unwilling to stay in shelters for safety reasons. The women's sleeping quarters are set aside from the men's by a partition.

"We're not sure why were get so many women clients, McElree says. "We have 35 beds reserved for women and they were full whole time last year,

McElree said one reason might be that his organization prioritizes stopping challenges before they start. "If people feel safe and have something to eat they're more likely to make better decisions,

Upon arrivals, Clients acquire hygiene kit, Towel and blanket. There are portable showers for sale in the parking lot and a meals are served each night. There is a staff of five who are at the site during the early evening and during the nighttime.

McElree said the display is funded by the, And district. He added that about 20 percent of funding comes private donations.

Those interested in donating or volunteering to Operation Dignity can get much more at 287 8465. The introduction will be capped with a set of live jazz by the George Yoshida Quartet.

Call for more info: 644 6850

2515 Hillegass Ave.

speaking skills and metaphysic come together at Avatar Metaphysical Toastmasters. complies with first and third each month.

Register Now to have your Insurance queries solved.

Quick Reply
Your Name
Message body
All times are GMT
 Previous  1, 2
Page 2 of 2

Get a Quote
Ask Community Experts

flash plugin

Quick Links

Must See


Hot topics in forums

Latest in blogs

AmPmInsure on Facebook

Page loaded in 0.255 seconds.