Download Insurance Broker Commission Structure Background. It depends upon the term of the policy. However, for the same class of business insurance brokerage (payable to brokerage firms) is generally higher.
Commission Structures - Life Settlements | MILESTONE ... from milestonesettlements.com Securities, commodities, and financial services. An insurance broker is distinct from an insurance agent in that a broker typically. Thus, brokers are free to offer a wider range of products to their clients.
Insurance brokers specialize in insurance and risk management.
Unlike insurance agents, brokers work for you rather than the insurance companies. Both structure policies, settle claims, and usually work on a commission basis. This type of commission structure helps maintain motivation over a period of time and encourages wholesale and manufacturing sales representatives: Thus, brokers are free to offer a wider range of products to their clients.
