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depends on the clients and the need....now avg face I write is $500,000 to $5,000,000
Thanks for responding STIBROKER.
I'm trying to discover the average annual premium for all sales including term, permanent policies and all face amounts.
For example, if you write 100 policies per year, your average premium might be $1,500.
I spoke with a MGA and they mentioned that the average annual premium for all life insurance cases was $1,500.
Do you think $1,500 is high amount or about average for all agents writing life insurance only?
I spoke with a MGA and they mentioned that the average annual premium for all life insurance cases was $1,500.
Do you think $1,500 is high amount or about average for all agents writing life insurance only?
This is really a question that seems deeply important, but is utterly meaningless.
There are some agents with a seven figure premium average. Others average less than 600 (50 a month). The real question is, what market are they going to teach you to work, and what their needs are and what they can afford.
Leads would be web-based from their websites. I'm wondering if the average premium would be lower online vs meeting people face to face. $1,500 average premium seems high for policies written from online leads.... but i could be completely wrong.
Leads would be web-based from their websites. I'm wondering if the average premium would be lower online vs meeting people face to face. $1,500 average premium seems high for policies written from online leads.... but i could be completely wrong.