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what salary had insurance agent


Pooja sharma 18th Apr, 2019
Answer (1)
Dhriti Sharma 22nd Apr, 2019

Hi Pooja,

Insurance agents does not get salary as such they get commission instead. The rate of commission usually depends on the Company's policy. For example, LIC has this policy that an agent will get 35% commission in the 1st year, then 7% for 2nd and 3rd year and 5% for 4th year onwards. The amount they are getting depends on the premium paid by the policyholder.

Hope you find this information helpful!

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