Simple immediate annuities and deferred - income annuities generally have
upfront commission rates that range from 1 percent to 4 percent.
Not exact matches
«These
commissions are earned through a combination of charging
upfront fees and higher interest
rates to earn «kickbacks.
The best ones are fee - free, which means you don't have to pay for their help
upfront because they will probably be paid a
commission by the insurance company that offers you the best coverage and
rates.»
Since then, lawmakers have passed more regulation to protect consumers from such acts — including placing a cap on the
commission rate at 30 % of the life settlement value (though some brokers already accept
commissions as low as 15 %) and requiring
upfront disclosure.
These
commissions are earned through a combination of charging
upfront fees and higher interest
rates to earn «kick backs».