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Independent representatives can grow their book of service much faster than captive representatives since they are more engaged in their neighborhood and provide more individualized service. They can frequently make greater commissions however get little to no base wage. With both types of insurance representatives, the private agent functions as a liaison between the consumer and the insurance provider.
The payment structure of an insurance representative is affected by where they work. Those who work as a sales representative for one insurer, representing only that insurance company's products, usually earn money in among 3 ways: Salary onlySalary plus commissionSalary, commission and benefit Agents who work for an independent insurance coverage firm offering products from chosen companies usually earn a little wage and commissions, OR a salary plus a bonus if the company fulfills its objectives. http://remingtonmwcg255.timeforchangecounselling.com/a-biased-view-of-how-much-does-homeowners-insurance-cost |
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