Mississippi Property & Casualty Practice Exam

What do inactive agents receive?

1. New business opportunities

2. Renewal commissions

3. Bonus payouts

4. Training programs

The correct answer is: Renewal commissions

Inactive agents receive renewal commissions because they typically retain the right to receive commissions on policies they sold while they were active. This means that even if they are not currently engaged in selling new policies, they can still earn income from renewals of those policies. This structure allows agents to benefit financially from their past sales efforts as long as the policies remain in force and continue to generate renewal payments. In contrast, new business opportunities and bonus payouts are usually tied to active sales efforts, which inactive agents would not have access to. Training programs are typically offered to support active agents in improving their skills and knowledge, rather than to those who are not actively working in the field.