How do life insurance agencies make their profit? and Maryland Health Insurance Plan Federal Press Announcement

How do life insurance agencies make their profit?

Can anyone please explain how do life insurance agencies (or financial advisory agencies) make their profit?

Is that true that the life insurance companies are paying around 100% of total first year premium to the agents? How do the agencies split that with the agents?


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Answer by zeuz
The life insurance companies pay a commission to the life insurance agents, who sell the policies. The commission can be 100% or more of one year's premium.

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Maryland Health Insurance Plan Federal Press Announcement


Image by MDGovpics
Lt. Governor Anthony Brown particpates in the Maryland Health Insurance Plan Federal Press Announcement. by James W. Brown at Baltimore

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