<p class="p__7">Because life and health insurance coverage commissions are front-loaded, representatives normally do not get a commission after the third policy renewal. At times, slave and independent representatives might earn contingent commissions, which are incentive-based. Insurer or firms may set specific goals for accomplishing contingent commissions, such as: Reaching a particular volume of businessPolicy retentionGrowing a particular line of insuranceOverall profitability In general, no matter the type of representative, the higher an agent's book of business, the more commissions he or she earns.</p>
<p class="p__8">Most U.S. states have disclosure laws that require representatives and brokers to supply this information. Some insurance agents might receive quarterly, semiannual, or year-end bonuses based upon their sales performance. For captive agents, efficiency benefits can
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