Please help Explain the Math: Life Insurance Commision

Hi everyone! I am new to this forum and the insurance industry and recently got an offer to work for a SF agent. I am curious about two things in the commission structure - (1) Selling whole life insurance, I will receive 100% of 1st month and (2) selling Universal life, I will receive 10% of the annual premium. Can someone please give me a numerical (realistic) example of how much I can expect to receive in these two conditions. Thanks for your help!
Content of insurance-forums.net

Comments