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YourLifeSolution.com is now illustrating the average street level commissions that are paid on numerous types of life insurance products as commissions to the agent. People act as if this is taboo, but frankly I dont mind disclosing this entirely."
Chicago, IL (PRWEB) August 23, 2014
YourLifeSolution.com, a service which openly displays competing online life insurance quotes to consumers without requiring they enter any personal information, is today publishing the typical street level commissions due to a general curiosity throughout the Internet that are paid on various types of life insurance products as commissions to the agent. People act as if this is taboo, but frankly I dont mind disclosing this entirely. On a street level, meaning not at the large-scale wholesale level commission, commissions are about 100%. Could I get paid more? Yes, but I choose to outsource many menial tasks to case managers whom are better at such things and as a result commissions are a bit less, but the service to both the consumer and myself is better, said Eric Smith, the founder of YourLifeSolution.com.
YourLifeSolution.coms Average Life Insurance Commission Paid Based on Product:
Whole Life Insurance: 50%-60% of First Year Premiums
Universal Life Insurance: 95% of First Year Premiums and 3% thereafter
10 Year Term Life Insurance:75% of First Year Premiums
15 Year Term Life Insurance: 80% of First Year Premiums
20 Year Term Life Insurance: 90% of First Year Premiums
30 Year Term Life Insurance: 100% of First Year Premiums
Consumers looking for instant life insurance quotes online are encouraged to visit YourLifeSolution.com. Information can also be obtained by phone at 888.374.2764.
For the original version on PRWeb visit: http://www.prweb.com/releases/2014/08/prweb12116825.htm
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