Retrieved 21 Oct. 2015 from https://www.boundless.com/psychology/textbooks/boundless-psychology-textbook/personality-16/humanistic-perspectives-on-personality-78/rogers-humanistic-theory-of-personality-308-12843/.
Home and car insurance agents typically receive a 10 to 15 percent commission on the first yearâs premium. Commissions can range as low as 8 percent, says Bissett, while 15 [percent] would be on the very high end.. In contrast, life insurance agents make most of their money in the first year of a new policy.
The ceiling percentage is applicable to the target cost on the prime contract. It is important to understand the degree of risk that various cost elements pose in relation to that target cost. A discussion of the major cost elements and the risk implications follows in paragraphs (3)(ii) through (iv) of this section.