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Thread: first year premium income

  1. #1
    PolicyWala NewBie
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    Default first year premium income

    how to calculate first year premium income in one agency year please specified ?


  2. #2
    PolicyWala Guru >take's Avatar
    Join Date
    Jun 2009
    Location
    India
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    Default

    Using simple math. If you are giving 50,000 premium in first year and suppose for each policy you are getting 10% commission.

    Premium income = 50000 X 10% = 5000


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