The agent averages 50-60 policies written per month. What percentage of the renewal premium should the agent receive the 2nd year & thereafter?
Total Comments: 2
Posted: Tue Jan 19, 2010 03:09 am Post Subject:
I'd guess that really depends on the terms of his contract! Bottom line is that there's no set in stone answer I'd guess. some places pay a higher retainer and lower commision, others work on higher commision rates and lower base salaries.
Posted: Fri Jan 22, 2010 12:00 pm Post Subject: Percentage of renewal premium
That depends on the guidelines of the insurance regularity authority
Posted: Tue Jan 19, 2010 03:09 am Post Subject:
I'd guess that really depends on the terms of his contract! Bottom line is that there's no set in stone answer I'd guess. some places pay a higher retainer and lower commision, others work on higher commision rates and lower base salaries.
Posted: Fri Jan 22, 2010 12:00 pm Post Subject: Percentage of renewal premium
That depends on the guidelines of the insurance regularity authority
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