Commission Structure for LIC Agents -

[Contractor]

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.