Commissions for agents and advisors are typically paid by the licensed buyer or provider once a policy successfully closes. Compensation varies by state, provider, and policy size.
Agents do not pay fees to participate in the process, and there is no cost for submitting cases. Commission structures are regulated in some states, and disclosure rules often require advisors to inform clients of compensation.
For many professionals, offering settlements is an additional revenue stream that complements existing insurance and financial planning services.
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