I have a few questions here and thanks in advance.
Can anyone please explain how do life insurance agencies (or financial advisory agencies) make their profit?
Is that true that the life insurance companies are paying around 100% of total first year premium to the agents? How do the agencies split that with the agents?
I would appreciate if you can throw in some numbers, since i am looking to invest some angel capital into an agency, so you would help if you give numbers.
in loss of profit policy gross profit is estimated , while arriving at gross profit shall we cosider carbon credit also? I believe that carbon credit is given for certified emmission reduction and it can also be traded that means it has monetory value so can it be insured?
The insurer sells you a whole life policy in which your earning cash value and interest. What are some ways that the isurer is making profit if the cash value and interest is your to use at any time?
Does anyone know how much profit did insurance companies make in 2007 and 2008? Or from where I can get this info.
I need these stats for a project I am working on and would like to thank you in advance.
cara25 asked: thinking of making career move. I’ve worked in the mortgage industry, which is not doing so well. But alot of empolyers in the auto insurance world have been contacting me. Can you make great income.
Sade J asked: i have the opportunity to work for this company, and it seems like a great company, and a chance to make a lot of money, is it what it seems