In this video, Mike Hall, the CEO of Trustworthy Financial, explains how to calculate commissions in the life insurance industry. As a life insurance agent or broker, understanding how your commission is calculated is crucial to your success. Mike breaks down the different types of life insurance policies and their corresponding commission rates. He also walks through examples of how to calculate commission based on premiums, policy types, and renewals. Whether you're new to the industry or looking to optimize your earnings, this video provides valuable insights and tips for calculating your commission in the life insurance industry.
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