1) If you pay a one-year guarantee instead of a five-year, 10 or 20-year long-term contract, it is generally about 20% of the annual premium, increasing year by year.
2) For long-term contracts (especially those with a term exceeding 15), the payment period is also long (generally more than 5 years), which is generally the highest in the first year, reaching 30%-50% of the annual premium, and then decreases year by year.
3) Long-term contracts (especially 15 years or more), but the payment term is short (generally within 5 years), and the proportion is relatively low, which may be around 10% in the first year. In particular, the proportion of one-time sex is generally only about 2%.
Commission/commission looks good, but it earns a high income. The reason why the commission is so high,
First, because most of the salesmen/agents of insurance companies now have no basic salary, the burden on insurance companies is small, and they need to pay commissions only if they have performance, and they don't need to pay 1 cent if they have no performance.
Second, it is not easy to sell insurance. Many people can't sell a single order a month. In order to pass the exam, they have to pay their own bills. In this industry, many people can't survive the first year and the elimination rate is high. Therefore, in order to attract and retain people, insurance companies will give high commissions, which is not high treatment, but high risk and high income.
Many insurance companies don't have too many requirements for the academic qualifications of their business personnel. If selling insurance is definitely more profitable than other industries, who will go all out to get a high degree and find other decent jobs? Selling insurance can earn tens of thousands a month, and other jobs can earn tens of thousands a month. The difference is that in traditional industries, ordinary people can go to work for tens of thousands of months, and it is difficult to guarantee tens of thousands of months in business.
I am a senior insurance practitioner, so you can ask me any questions.
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