Insurance agents

• silverng

  24 Mar 08, 01:08

  Do you have friends who are working as insurance agents?
  
  I know their salary are based on commission. How much is their commission? Say a person sign up a policy paying a $100 premium every month. How much will be the insurance agent commission? Is count by percentage or what?
  
  Roughly how much do your insurance agent friends earn a month? I think they should earn alot of money if not why there are so many of them working as insurance agents but always at roadshows, I see many of them asking people to buy insurance but most people will not buy..
  
  I know some people work as insurance agents because they are old and do not have experience. Like some people sign on in the army than leave the army at mid 30s or 40s than got no experience cannot find a job so go and sell insurance..
  
  But I also saw many young people around 23 or 24 years old who just graduated from NUS or NTU than go and work as insurance agent. Must be profitable to work as insurance agent..

• QX179R

  24 Mar 08, 10:26

  well, from what I know is that most people shun insurance agents

• Janice888

  10 Apr 08, 23:35

  think they earn at least half of the 1st year premiums...

  i was thinking of buying insurance last time and my friend recommended www.secondopinion.asia .I paid $90 for unbiased advice on what kinds of insurance i really need...

  then i went to buy some low cost insurance direct from the insurers saving the commission..

   

   

• wului99

  11 Apr 08, 00:07

  Originally posted by QX179R:

  well, from what I know is that most people shun insurance agents

  
  cos their working ways like those MLM type?