Life insurance agents can be compensated in several ways, including through commissions, bonuses, and renewal commissions. Commissions are typically the primary form of compensation for life insurance agents. When an agent sells a life insurance policy, they earn a commission based on the policy's premium. This commission can be a one-time payment or a split over several years. Bonuses are additional incentives that agents can earn based on meeting certain sales targets or performance metrics. These bonuses can provide a significant boost to an agent's overall compensation. Renewal commissions are another important aspect of compensation for life insurance agents. When policyholders renew their life insurance policies, agents can receive renewal commissions as a form of ongoing compensation. It's important to note that the specific compensation structure can vary between insurance companies and may also depend on the type of life insurance policies being sold. Additionally, some agents may receive a salary or a combination of salary and commission, especially if they work for larger insurance agencies or companies. Overall, the compensation for life insurance agents is often tied to their sales performance and the ongoing maintenance of policies they have sold.