With traditional whole life policies sold by an agent,sales commissions and marketing expenses account for between 20% to 25% of total premiums paid over the life of the policy.

Question

Quizplus · Accepted Answer

This statement is true. Traditional whole life policies often involve high sales commissions and marketing expenses, which can account for a significant portion of the total premiums paid over the life of the policy.

With Traditional Whole Life Policies Sold by an Agent,sales Commissions