I had a good chat with an insurance director 36yrs old (started as a salesman) and he shared a little. Under prudential (if he's not lying), the commision for 1st year is 50% and following yr cascade up to 5th yr (Its in SG btw). He even showed me his income tax to IRAS (LHDN) of 258k for 2015 so can imagine la. At his level hes relying income from downlines and newbloods + prudential salary itself.

Anyway, from his input, I was curious and put them into excel, it does show the potential income of being a kuli insurance agent. Can find below


http://www.megafileupload.com/g8wl/Basic_commision_calc.xlsx

lol ass megaupload, didn't know they will remove files that's not active.

if u know excel u can do it too. but a lot assumption la. create tables by year, separate into active & passive

1st year: take 50% of say a monthly rm200 premium = Rm100

2nd year: 35% of 200 = rm70

3rd yr and so on till 5th year.


Then u'll see first 2 years ur income will be crap since no passive income.

Provided u meet an average min customer / month, u'll see both ur active + passive grows till it hit a high limit