Is New York Life All commission only?

It is a commission only job, however, and the slow months are hard to bare. It's a very competitive market so great job if you are well connected with the right people.

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Correspondingly, why do insurance agents quit?

Most agents quit because they can't get enough sales to support themselves and their families. The only way to change that is to learn how to get more leads, better leads, and follow up on them. People go on fact-finding missions online. They don't care who answers their question, as long as they get answers. Do insurance agents make good money? According to that data from the Bureau of Labor Statistics: The median annual wage for insurance agents was $48,150. The highest paid 10% of insurance agents earned more than $116,940 annually. The lowest paid 10% of insurance agents earned less than $26,120 annually.

People also ask is being a new york life agent worth it?

Great Career - It is a challenge at first but so worth it. There is so much support and there are so many great people at New York Life. Also getting a large commission check from time to time really makes a difference. That said its not perfect, but for those who work hard and can set goals this is an amazing career. Keeping this in consideration, does new york life pay for training? It is 100% commission and the training allowance is only paid out if you hit the minimum.

Thereof, what insurance does new york life sell?

The company2 and its subsidiary, New York Life Insurance and Annuity Corporation (NYLIAC) also offer term life insurance, universal life insurance3, and long-term care insurance; and is the nation's largest seller of direct-to-consumer life insurance through its exclusive partnership with AARP.