Can a agent buy life insurance for his own and get percentage of commission from insurance company?

In general, insurance agents are allowed to purchase life insurance policies for themselves and receive a commission from the insurance company for the sale. However, there are some potential conflicts of interest that should be considered in this situation. When an agent purchases a life insurance policy for themselves, they may be more focused on the commission they will receive from the sale rather than finding the best policy for their needs. Additionally, if the agent is the sole beneficiary of the policy, they may have a financial incentive to recommend policies that are not in the best interests of their clients. To mitigate these potential conflicts of interest, many insurance companies have specific policies and procedures in place to regulate the sale of insurance policies by their agents. For example, some companies may require agents to disclose their financial interests in any policies they sell and obtain written consent from their clients. In addition, many states have laws and regulations that govern the sale of insurance policies and the conduct of insurance agents. These laws may require agents to disclose their financial interests in any policies they sell and prohibit certain types of conflicts of interest. If you are working with an insurance agent and are concerned about potential conflicts of interest, it's important to ask questions about their commission structure and any financial interests they may have in the policies they are recommending. You may also want to consider working with an independent insurance agent who is not affiliated with any particular insurance company and can offer unbiased advice.