Why do insurance or property agents deserve to be paid so well, for their mediocre level of servicing and knowledge?

I make just over S$200K per annum but can't help but feel jealous about this group of people - perhaps sour grapes on my end, but I don't feel that the level of servicing and knowledge that insurance or property agents have is equivalent to the monies that they are earning from clients like me.

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My property agent never even chatted with us since I bought a resale HDB, I don't intend to sell my property so there's no chance I would ever need to chat with him.

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My insurance agent only sends me promotions for new policies, or random cheesy stuff like restaurant vouchers during my birthday - switched agents/companies 2 times and still can't see the value of this job profession other than being someone who processes my insurance claims when required.

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Not to mention the cringey social media posts of thanking their client, making MDRT, 5-digit commission month etc.

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I work in corporate and have had the opportunity to meet extremely smart people from consulting (MBB) and I am convinced that they need to be paid highly - I just don't understand why some random ah beng/ah lian insurance or property agent needs to earn that much.

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I highly advocate for this industry to seriously regulate the commission payouts of insurance/property agents - I have some mentees in their final year of undergraduate studies and half of them are saying they want to be an insurance/property agent as it's the fastest way to become a lot richer than their peers (understandably, they must do well).