Life Insurance Agent Commission & Contracting FAQ
Commission at a Glance
Our job is to beat your current commission level. Every solo agent with at least 6 months of continuous sales who meets our minimum requirements starts at a 90% commission at contracting, with up to 157%. Commission levels vary by carrier, product and state.
- Solo agents starting out who meet our 6-month minimum requirement: a 90% starting commission at contracting, up to 157%
- Final expense and term, IUL, UL and whole life: our job is to beat your current commission level on every product
- GIWL: available on the same contract, not included in the starting commission
- 13 carriers, with Ethos, Americo and many more coming soon: see the carrier list
Contracting
What is BetterLifeQuotes.com?
BetterLifeQuotes.com is an NGA / IMO Hybrid & Distribution Partner that will beat your current commission levels and scale your current practice. We contract solo agents, new agencies, established agencies and healthcare agencies for final expense, term, IUL, UL and whole life, with 13 carriers today and Ethos, Americo and many more on the way. Our job is to beat your current commission level, and our mission is to make sure you scale with every life insurance product. Solo agents starting out who meet our 6-month minimum requirement start at a 90% commission.
Who does BetterLifeQuotes.com contract?
Solo life insurance agents, new agencies, established agencies and healthcare agencies anywhere in the United States. BetterLifeQuotes.com is an NGA / IMO Hybrid & Distribution Partner that will beat your current commission levels and scale your current practice across final expense, term, IUL, UL and whole life.
What are the minimum requirements to apply directly?
An active life insurance license in good standing, at least 6 months of continuous life insurance sales, your own E&O coverage and AML certification, and your own lead source and tools. Every solo agent with at least 6 months of continuous sales who meets these minimum requirements starts at a 90% commission at contracting. See the full minimum requirements.
What if I do not meet the 6-month minimum?
You cannot apply directly. You must be recruited by an agent who meets our minimum requirements, a new agency, an established agency or a healthcare agency contracted with us, and then you have access to training.
What does it cost to contract?
Nothing. There is no franchise fee, no start-up fee and no required lead purchase. There are also no production minimums and no quotas.
How long does contracting take?
Contracting typically completes in a few days to about a week once your license details and paperwork are in, depending on how quickly each carrier processes the appointment.
Do you work with recruiters?
No. Applications are accepted only directly from the agent or agency owner through this website, never through recruiters or third-party referral services.
Commission
What commission do BetterLifeQuotes.com agents earn?
Every solo agent with at least 6 months of continuous sales who meets our minimum requirements starts at a 90% commission at contracting, with up to 157%. Levels vary by carrier, product and state and are subject to carrier approval.
Does every carrier pay 90%?
No. You start at 90% at contracting by choosing the carriers and products that pay 90% or more. Guaranteed issue whole life (GIWL) is available on the same contract but is not included in the starting commission.
Are commission advances available?
Yes, advance payouts are available on qualifying carriers, which smooths cash flow while first-year commissions are still being earned.
Do you publish commission levels by carrier?
Yes. The max commission level for each of our 13 carriers is listed on our carrier list, from up to 157% with Aetna down to up to 75% on Gerber’s guaranteed issue plan. Your contracted level is set at contracting, with a 90% starting commission at contracting for solo agents starting out who meet our 6-month minimum requirement.
Carriers and products
Which carriers can I get appointed with?
Aetna, Transamerica, AIG / Corebridge, American Amicable, American Home Life, Foresters, Royal Neighbors, Aflac, CICA, Liberty Bankers, Mutual of Omaha, GTL and Gerber: 13 carriers. Ethos, Americo and many more carriers are coming soon. Carrier availability varies by state. See the carrier list.
Which products can I write?
Final expense (level benefit, simplified issue whole life (SIWL) and guaranteed issue whole life (GIWL)), term life, indexed universal life (IUL), universal life (UL) and whole life. See Final Expense and Life Products (term, IUL, UL and whole life).
Can I write term life, IUL, UL or whole life through BetterLifeQuotes.com?
Yes. BetterLifeQuotes.com is no longer final expense only: alongside final expense, SIWL and GIWL, we contract term life, IUL, UL and whole life with our 13 carriers, and Ethos, Americo and many more carriers are on the way.
Support, training and leads
What back office support do agents get?
Contracting and onboarding support with a guided contracting roadmap, a members portal, a carrier resource directory and help with carrier appointments, transfers and contracting questions; sales training, telesales scripts, objection handling, closing strategies, personal coaching and ongoing professional development; an agent management system with production, commission and book-of-business reporting; the CallWave inbound call platform with lead strategy and ROI guidance; and recruiting, training and retention resources for agency growth.
Is training provided?
Yes, on every product: sales training for new and experienced agents, telesales scripts, objection handling, closing strategies, personal coaching and ongoing professional development, for agents who meet our minimum requirements and for new agents recruited by a qualifying agent or agency.
Are leads provided?
No. You must already have your own lead source running, and there is no lead purchase requirement. The CallWave inbound call platform is available if you want inbound calls.
Ownership, leaving and releases
Who owns the business an agent writes?
The agent. You own your book of business.
Can I leave BetterLifeQuotes.com?
Yes. Contracting is independent and non-captive: agents, new agencies, established agencies and healthcare agencies own their book of business, renewals and hierarchy, even upon release, and releases are granted.
How do releases work?
Release requests are never held for payment. Releases are granted as long as there is no outstanding debt to the carrier.
Agencies
Can I build my own life insurance agency with BetterLifeQuotes.com?
Yes. You can recruit and build a downline, earn override compensation on the production of the agents you contract, and grow your own life insurance agency while owning your book of business. There are no production minimums. New agencies can share their plan on our For New Agencies page, and established agencies on our Established Agencies page.
Do you work with healthcare and Medicare agencies?
Yes. Health insurance, Medicare and benefits agencies can add final expense, term, IUL, UL and whole life and skip our standard agent application; an active life license is still required. See healthcare agencies.
Related: Carrier list · How to become an independent life insurance agent · Best life insurance IMO · IMO vs FMO vs NGA · Apply for a contract