NLIC.org

Jerome Said:

How much do first year life insurance agents earn?

We Answered:

Most wash out - 95% can't even earn $1,000.

The few who make it, drag home about $50K the first year.

Audrey Said:

How are Life Insurance Sales Agents doing in the recession?

We Answered:

Nipple

Irma Said:

Is there a model on how to recruit and retain life insurance agents?

We Answered:

That is generally proprietary information that each insurance company retains. Maybe you should talk to a life insurance recruiter to see if he has any information for you.

Eric Said:

I want to know if anyone know how Life Insurance agents get paid for whole life policies.?

We Answered:

True. They get the MOST commission the first year - up to 95% of the first year's premium. Then, every year the policy is in force, they get "continuing commissions", usually around 5%.

That's why every few years, unethical agents will try to get you to switch to a new policy - the vast majority of commission is only on the first year.

Erika Said:

Any life insurance sales agents out there who are selling in this economy?

We Answered:

I sell life insurance and think the struggles experienced during the current economic climate are making people more aware of how bad things could be if income was taken away forever. I seem to have more people interested in policies. I would say people are being a little more conservative with premiums, so although they're buying, not as much is being spent per client than in the past.

Morris Said:

How can I recruit licensed Life Insurance Agents in a cost-effective way?

We Answered:

You can get on your states Licensing Board and look up individuals with Life and Health Licenses registered with the state. It normally has phone numbers on there as well, make some cold calls off this list. Its public information so it couldnt hurt.