Breakdown of Insurance Commissions… in a Short TikTok

Shopping for insurance? I highly recommend you watch my full video on insurance commissions and how they affect you before committing to a long-term commitment.

But if you have no time for a 25-minute video, I’ve made it into bite-sized videos that I’ll continue to upload on TikTok. Subscribe if you want more short vids on personal finance! I promise to keep it updated 🙏

Breakdown of commissions

How much of your first-year insurance premium goes to commission? Here’s a breakdown:

@sethisfy

When you buy an #insurance policy, how much of your first year premium goes to your agent as #commission? #sgfinance #fintok

♬ Monkeys Spinning Monkeys – Kevin MacLeod & Kevin The Monkey
Seth
Seth

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What does chicken rice have to do with commissions?

How does distribution cost affect the advice you’re given? Here’s a delicious analogy:

@sethisfy

Replying to @MartinoFrancis what does chicken rice have to do with insurance commission or distribution costs? Here’s a delicious analogy

♬ 3:03 PM – しゃろう

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