Insurance million dollar round table earn how much
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 Dec 21 2016, 11:12 AM
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#1
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9,338 posts Joined: May 2009 
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QUOTE(ic no 851025071234 @ Dec 20 2016, 11:03 PM) Million dollar sales translate to 10k income? Its 1M sales... As for his income.. it depends.. some products can get upto 40% for first year's premium.. |
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Dec 21 2016, 02:42 PM
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#2
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9,338 posts Joined: May 2009
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QUOTE(weissPC @ Dec 21 2016, 02:24 PM) It's not 1M sales la... if I remember correctly, for 2016 it's about RM500k in collected premiums. insurance is a pyramid scheme...But you are correct, the income depends on the commission structure, some are 35%, some 25%, some 10%, some just dump their own money into insurance company's unit trust kaw kaw to achieve MDRT but commission 2% only. Income/commission also different between the lowly agent to the agency managers, so can't guess the income unless more info provided  .Ppl in the top dip their fingers into everything... My first "job" was compiling data for an insurance agency.... thats why insurance all overpriced piece of shit.... their "investment linked" crap is even worse.. |
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