WE HAVE AGRESSIVE COMPENSATION
INSURANCE AGENTS EARN MONEY FROM COMMISSIONS ON POLICIES SOLD. HOW MUCH IS THE COMMISSION? IT IS USUALLY A PERCENT OF THE POLICY’S ANNUAL PREMIUM, AND THAT PERCENT DEPENDS ON THE CARRIER CONTRACT RATE. ONE LIFE INSURANCE HAS SOME OF THE TOP CARRIER CONTRACT RATES IN THE INDUSTRY.
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Maximize your profits with us. Benefit from our skilled brokers, clear fee structure, dedicated team, and decades of proven expertise in the field.
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If an agent’s carrier contract rate for a particular insurance product is set at 100% and that agent writes a policy that has a $10 annual premium, the agent will receive a commission advance of $7.50 from the carrier. This is an advance, so as long as the policy stays active the money belongs to the agent. If the policy is cancelled, the agent will owe the advance back to the carrier. In the 10th-11th-12th month that a policy is on the books, the insurance carrier will pay the agent the remaining 25% of the policy.
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