Traditional life insurance protection is an essential safety net to many consumers, with two-thirds of those surveyed indicating that it is one of the safer financial products available today, new research shows.
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.