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Posts Tagged ‘insurance’

where can I find information about a career in Insurance Sales ?

Where can I find information about a career in Insurance Sales ?

Which of the three fields ( life, health, or property ) would be compatible with working from my home office ?

How difficult is the California State exam to get licensed ?

Is it possible to earn residual income in all 3 fields ?

Thank you for your help.

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Where can I find the language about ongoing residual payments in the insurance industry?

I am putting together a contract for a brokerage deal in which the broker is to be paid indefinite residuals on sales which keep producing income even after the business relationship has ended or contract has been terminated. I have been told by a couple lawyers that this happens in the insurance industry and am looking to get the language used in the contracts.

Thanks,

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How do you get paid when selling home insurance?

I am considering getting in the insurance field but would like to know a little more before going through licensing. I am trying to establish long term residual income and was told by selling home insurance @ 30years a pop given my clients stay with me I could achieve this. I am bilingual and can generate leads and understand some agents can even work from home part time. Can someone please explain a common pay scale on say a 0,000 home policy that goes for the full 30 year term. Thanks

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Which company should a life and health agent choose to make good money with?

I live in texas and licensed in both TX and CA in Life and Health. What is a good company to start selling insurance with? I don’t want the lead cost to bury me in bills and residual income from my renewals I want annually to build a good book of business. What company should I go with? Are there several good ones to choose from? I need to work now! Thank you in advance.

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Can part of the Commissions received by an Insurance Agent be considered passive income not subject to SE tax?

I am curious to know if an Insurance Agent, who receives 1099misc Box 7 Income from the company to which they broker for, is all subject to self-employment tax. Certainly a portion of the income received would be for new business and active participation, but the rest of the income would be from residuals for policies written in years past that don’t require much if any effort on the part of the agent. Is there a revenue ruling or other precedence set in allowing a portion of the income to be passive and therefore not subject to Self-Employment taxes?

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Insurance Brokers Commissions and Residual incomes?

I already know that insurance brokers for auto and home make an initial commisison averaging 0 depending on the policy.

I want to see if anybody know about the residual income that a broker makes of each client. I knew someone that was a Allstate broker a while back that mentioned he made a percentage of each clients payment each month.

Does anybody know how it works and how much on average a broker makes on residuals after the inital commission?

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