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 don’t 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.com’s 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.