How Much Money Does A Life Insurance Salesman Make? 
It depends on the company he works for and the type of policy sold . I have seen commissions as low as 30 & and as high as 120 % of the first year premium This is paid by the insurance company , not you . Life insurance premiums are placed in an insurance company 's account and a special fund -LRB- to keep this simple -RRB- is set aside to pay for any commissions and other expenses on a company level , not an individual policy holder level . Your premium is just a basis of what is paid out to an agent for his hard work and marketing expenses . 