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Independent representatives can grow their book of company much faster than captive representatives since they are more engaged in their community and offer more customized service. They can often earn greater commissions however get little to no base wage. With both kinds of insurance coverage agents, the private representative acts as a liaison in between the customer and the insurer.
The payment structure of an insurance coverage representative is influenced by where they work. Those who work as a sales agent for one insurer, representing only that insurer's items, usually make money in among three ways: Salary onlySalary plus commissionSalary, commission and benefit Representatives who work for an independent insurance coverage firm offering items from picked business usually make a small salary and commissions, OR an income plus a bonus offer if the agency satisfies its objectives. http://edwinejpo751.theburnward.com/the-how-to-become-an-independent-insurance-agent-diaries |
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