Which of the following can be considered a source of income for an insurance agency?

A source of income for an insurance agency encompasses various avenues through which the agency can generate revenue. Consulting and service income is a broad category that includes fees earned from providing expert advice, support, or other services unrelated to the sale of insurance policies. This could involve offering risk management consulting, training seminars, or general operational services to clients. By leveraging their expertise in the insurance field, agencies can create an additional revenue stream that complements their primary insurance operations.

Options that focus solely on specific types of income, such as life brokerage fees or personal lines commission, limit the potential revenue sources an agency might capitalize on. While these can be significant, they do not encompass the full range of income types an agency could earn. Additionally, investments in real estate may yield returns, but they are not direct income sources tied to the agency's primary operations and would typically be considered a separate investment activity. Therefore, consulting and service income stands out as a versatile and inclusive source of income for an insurance agency.