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insurance broker salary - Insurance companies from www.insurancejournal.com May refer clients to independent brokers, work as an independent broker, or be employed by an insurance company. The average insurance sales agent salary in usa is $87,500 per year or $44.87 per hour. That's a dirty little secret the insurance industry doesn't want you to know, for fear it would kill the sale.
The agent also gets income from policy renewal.
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Whole life costs more but lasts a lifetime and has cash value.
Life insurance that pays a benefit in the event of the death of the insured during a specified term. Here are some life insurance terminology definitions to keep in mind. Term life insurance is a policy that gives protection for only a definite period of time (e.g., 1, 3, or 5 years). | with many life insurance policies, the only benefit received is a lump sum payout on death.
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