Are there commissions paid on PMI? If so who gets paid?

-Are there commissions paid on PMI? If so who gets paid? It seems that when there is a insurance transaction someone gets paid the commission (Broker, Agent, etc)No, commissions are not paid on PMI. It's just like FDIC insurance that banks buy.



Only insurance 'sold to the general public' pays commissions.Not every transaction earns a commission. Do grocery store checkout clerks get a commission on their register totals?



There are no commissions on mortgage PMI.