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[True or False] All insurance agents in RP work only for commission. Is this true?
Just a few curious questions about the Insurance industry.
- Are all insurance agents here in the Philippines purely on a commission-only basis?
- Is this legal?
- Is there such a thing as an Insurance agent becoming "permanent" or are all agents more or less "independent distributors" for the company?
- Aren't Insurance agents entitled to benefits such as SSS, Pag-ibig, etc.?