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Even If You Have Health Insurance Millions More Uninsured Will Impact Your Coverage

July 20, 2017 2:02 PM

Much has been written lately about how individuals’ health could suffer if they lose insurance under the health proposals circulating in the U.S. House and Senate. But there is another consequence: creating millions more people without insurance could also adversely affect the health of people who remain insured. “We know that communities with higher rates […]Full Story »

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  • How Are Life Insurance Agents Paid?
  • July 10, 2017 8:08 AM
  • Life insurance selling commission ranges from 50 to 140 percent of the first year’s premium, which varies greatly depending upon the purchased policy and initial rate guarantee. Generally speaking, the longer the rate guarantee, the higher the selling commission. However, the commission on policy renewal is very low, typically only 1-5 percent. A new producer compensation model is currently being discussed, which would benefit all parties. Full Story »
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