Thanks DeepBlue for the commission structure.
Could you please also provide the commission structure for ULIP Plans.
Thanks in Advance.
Thanks DeepBlue for the commission structure.
Could you please also provide the commission structure for ULIP Plans.
Thanks in Advance.
Rules/Guidelines at PolicyWala | Help Old People |
I am speaking from experience and my own personal views above - I am not an advisor, nor an expert.
On most of the standard policies commission shall be paid as per the following rates -
- Up to 25% of 1st year premium with 10% Bonus Commission
- Up to 7.5% of 2nd and 3rd year premium
- Up to 5% thereafter till the policies continues
Note - Every time a policy holder pays his installment premium, the agent receives his commission
Check attachment for commission on all LIC policies.
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