Regi Agencies make their money from First Year Commissions (FYC) on new policies, and reewnal commissions and service fees on policies which have been on the books beyond the first year.If an agent works for an established agency, he/she will get paid a percentage of the total FYC. The total FYC could be anywhere between 40%-120%, depending on the insurance companies the agency represents, and what type of policy is being sold. Health policies pay a lot less than life insurance policies.Of the total FYC, the appointed sub-agent would receive anywhere between 50% and 90%, depending on the sub-agents contract with the agency. Most agencies will pay advance commission on 75% of the sub-agent's FYC.Example: Let's say that the sub-agent writes a life insurance policy, and the annualized premium is $1200. ($100.00 per month). Let's assume that the agency's FYC is 100%, and the sub-agent's FTC is 80%. The agency's FYC would be $1200, and it's advance would be $900 (75%). The sub's FYC would be $960, and the advance would be $720 (75%). The balance would be paid as earned on the final 3 last payments of the first policy year premium. If the total ANNUAL premium was paid initially with the application for the same policy, it would be a little less than $1200, around $1162 give or take. ALL FYC would be advanced in this case.Once the policy is in force for 12 months, reewnals and/or service fees will be paid, 2-20%, depending on the carrier, and the sub-agent would get his/her percentage of that. (I had a company that paid $100% FYC and 20% reewnals)Some companies pay bonuses, based on your total production and persistency rate, the percentage of business that stays on the books.If you work for an insurance company as an employee/captive agent, your commission rate will be somewhat less, but your benefits will make up the difference, such as company-paid retirement, 401K, health and life insurance. In this case, your commissions would be put in a commission pool, and you would draw from that on a weekly or bi-weekly basis. When you initially start selling for one of these companies, you are on a guaranteed salary for a specified period of time, while you build your commission pool. Some of these types of companies will guarantee your salary, (based on production quotas), for up to three years, on a depreciating basis.After the first year, you start earning reewnals/service fees. Let's say that over time, you build up your book of business to $500,000 of life insurance annualized premium, and your reewnals are 3%. Your base pay would be $15,000, plus your FYC and bonuses.Some of the captive companies will offer you an established book of business, with reewnals and service fees. It's possible to be offered an agency which is paying $300-$500 or more per week, which would either go into your commission pool, or be paid as part of your initial guaranteed salary. If you are assigned to an existing book of business, you have all those policyholders as potential prospects for new business, along with their family members and other people they know.Here are some names of companies that have guaranteed starting salaries: (Not in any particular order)New York Life, Met Life, Monumental Life, American General, American National, Western-Southern Life, Prudential, Liberty Life.