How Much Does A New York Life Insurance Agent Make?
21750 POINTSview profileJim WinklerCEO/Owner, Winkler Financial Group, Houston, TexasThat is a great question! All insurance agents are paid off of what they sell, not off a steady paycheck. The commission payments are based on a percentage of the annual price paid for the policy, and the type of policy sold. Since the agents are paid on commission, the amount an agent will make is dependent solely on their work ethic, sales skills, and the products sold. Obviously that can vary quite a bit. I hope that helps, thanks for asking!Answered on July 3, 2014flag this answer
11783 POINTSContact Meview profileLarry GilmorePROAgent Owner, Gilmore Insurance Services, Marysville, Washington StateHow much does a New York Life agent make? Well it goes from zero to millions, depending on the agent. New York Life is a commission based company that pays agents for completed transactions in insurance and equity investments. Since the company is based in New York all commission payments are based on the State of New York's restrictions on commissions. So in many cases this means the New York Life agent makes less upfront on sales than other agents. Commission payments tend to be stretched out over time with the policy.Answered on October 7, 2015+01+1 this answer
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