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Thread: how to handle passback of commission?

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  1. #1
    PW Stalwart Master's Avatar
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    Feb 2009
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    Mumbai
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    438

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    Commission details are in ready reckoner. If client asks show that details that this much I am getting and sharing commission is not permissible under insurance act.

  2. #2
    Moderator CONFUSED's Avatar
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    Apr 2009
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    Mumbai
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    Have you heard anyone from private players giving rebate? hardly any? LIC agent's are responsible for all these rebates. Please don't support or give any rebates to your clients, after all it's your hard earned money. Instead of that offer them life long relation of service, which I think the person who gave rebate will not give. It's all depends on your convincing to your clients.
    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.

  3. #3
    PolicyWala NewBie
    Join Date
    Aug 2009
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    India
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    I agree with you all. But still this is the real problem, which every agent is facing.

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