There are some fictional or unvalidated earning figures which claim that a person selling final expense policies can earn up to $106,000 a year which comes down to about $500 a week. In my opinion, the earnings from selling Final Expense policies should almost be the same as Life Insurance policies.
Posted: Sun Feb 26, 2012 07:00 pm Post Subject:
$106,000 a year which comes down to about $500 a week
Let's hope you do your insurance business better than you do the math.
$106,000 / 52 (# weeks in a year) = $2038.41 per week. (Or $2021.00 per week if you take two weeks off for a vacation.)
Posted: Sun Feb 26, 2012 07:03 pm Post Subject:
In my opinion, the earnings from selling Final Expense policies should almost be the same as Life Insurance policies.
This makes no sense. Final Expense IS life insurance. Either way an agent earning $106,000 per year would be doing rather nicely.
Posted: Mon Feb 27, 2012 07:36 pm Post Subject:
Making $106,000 in commissions isn't so hot. Considering that we are probably talking about an independent contractor status, one needs to subtract business expenses, taxes, and factor in the complete lack of benefits.
If this agent also has a catering company and makes money teaching insurance classes, they are probably ok.
Posted: Mon Feb 27, 2012 10:34 pm Post Subject:
f this agent also has a catering company and makes money teaching insurance classes, they are probably ok.
Don't forget all the money you're losing for your posts as a guest instead of as a member. The rest of us are getting rich. LOL! :D
Posted: Fri Feb 24, 2012 01:38 pm Post Subject:
There are some fictional or unvalidated earning figures which claim that a person selling final expense policies can earn up to $106,000 a year which comes down to about $500 a week. In my opinion, the earnings from selling Final Expense policies should almost be the same as Life Insurance policies.
Posted: Sun Feb 26, 2012 07:00 pm Post Subject:
$106,000 a year which comes down to about $500 a week
Let's hope you do your insurance business better than you do the math.
$106,000 / 52 (# weeks in a year) = $2038.41 per week. (Or $2021.00 per week if you take two weeks off for a vacation.)
Posted: Sun Feb 26, 2012 07:03 pm Post Subject:
In my opinion, the earnings from selling Final Expense policies should almost be the same as Life Insurance policies.
This makes no sense. Final Expense IS life insurance. Either way an agent earning $106,000 per year would be doing rather nicely.
Posted: Mon Feb 27, 2012 07:36 pm Post Subject:
Making $106,000 in commissions isn't so hot. Considering that we are probably talking about an independent contractor status, one needs to subtract business expenses, taxes, and factor in the complete lack of benefits.
If this agent also has a catering company and makes money teaching insurance classes, they are probably ok.
Posted: Mon Feb 27, 2012 10:34 pm Post Subject:
f this agent also has a catering company and makes money teaching insurance classes, they are probably ok.
Don't forget all the money you're losing for your posts as a guest instead of as a member. The rest of us are getting rich. LOL! :D
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