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0.0 - 4.0 years
0 Lacs
hyderabad, telangana
On-site
As an insurance agent, you will have the opportunity to earn commissions based on the policies you sell. Your commission structure will include the following components: Initial Commission: You will earn a percentage of the first year's premium for each new health insurance policy you sell. The percentage can vary between 5% to 20% of the annual premium. The exact amount will depend on the insurer, the type of policy, and the agreement you have as an agent. Renewal Commission: In addition to the initial commission, you may also receive renewal commissions when your clients renew their policies each year. Renewal commissions are typically lower than the initial commission and can range from 2% to 10% of the annual premium. Bonuses and Incentives: To further reward your performance, insurance companies may offer bonuses and incentives based on your sales achievements. These performance-based incentives could be tied to various sales metrics such as the number of policies sold, policy retention rates, or other targets set by the company. Overall, as an insurance agent, you have the potential to increase your earnings through a combination of initial commissions, renewal commissions, and performance-based bonuses. Your ability to meet sales targets and provide excellent service to clients will play a key role in maximizing your income in this role.,
Posted 2 days ago
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