New question in Life Insurance FAQ

Posted on July 26, 2010 and updated September 9, 2010 in Life Insurance Canada News, Life Insurance FAQ 1 min read

New question in Life Insurance FAQ:

How our insurance brokers paid?

Life insurance brokers are generally paid a commission by the insurance company for each policy sold. This cost is built into the premium, so the consumer does not pay any type of surcharge. In fact, buying life insurance via direct distribution channels (where a commission is not generated) is often more expensive because the fixed cost of employees salaries and necessary infrastructure is higher than the distribution costs under the commission-driven broker network.

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