A light-second is the distance light travels in one second, or 7.5 times the distance around Earthâs equator. A light-year is the distance light travels in one year. How far is that? Multiply the number of seconds in one year by the number of miles or kilometers that light travels in one second, and there you have it: one light-year. Itâs about 5.88 trillion miles (9.5 trillion km).
They both have the same licensing requirements required by the State(s) in which they transact business, but the big difference is who they work for. An insurance agent is an insurance companyâs representative and the agentâs primary alliance is with the insurance carrier (company), not the insurance buyer.
Insurance agents, depending on which company they work for, will get income from several ways. 1. Base salary (applies to some companies) 2. Commissions (applies to most companies) - this is income from the sale of insurance plans. The more you sell, the more you get paid. Commissions are a percentage of the premium that the client pays for their insurance plans. The percentage you get will vary from one company to another, and will vary from one level to another (i.e., the higher up you go, the more percentage you get).