- 4,689
I think you can make up your own mind about what to do. Even at double your current pay, it's hard to make those numbers work. Some agencies pay that amount in salary alone.
Is this a Fair Commission Split for a Insurance Agent?
- Thread starter AndrewT1993
- Start date
- 15,041
Am I reading this correctly? He is asking you to sell and paying you a commission off insurance while not yet licensed?
That ought to be a big warning sign if this is correct.
That ought to be a big warning sign if this is correct.
- Thread starter
- #14
AndrewT1993
Expert
- 31
Actually no. Currently I am just sitting at his office while he shows me the ropes on how to complete an application, how to deal with customers etc. I am not getting paid. Since I am getting licensed online, he is kind of acting as a personal tutor to explain anything I am confused on.
He has guranteed me a job upon completion of my license. Then I'll get paid.
That's what I was thinking...
Wow. Thats pretty bad, how did you get roped into this? Even if you had people lined up to sign contracts, its a $100 bucks a day or about 28k a year!!
Continuum
New Member
- 15
If I were you I would RUN!!! don't walk .02
Verbgravy
Expert
If that's the extent of compensation, you're getting hosed. I hope he at least paid for your online course.
- Thread starter
- #19
AndrewT1993
Expert
- 31
Thanks for all the replies and advice guys. Percentage split wise, how much would be a reasonable split? Or in my case how much should I pocket for a $600 policy since this is the number he keeps using?
- 29,515
Is he providing the Vaseline?
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