The Commission rates on regular premium policies are as under:
First year Commission : 4% to 25% depending up on the type & term of the policy.
Bonus Commission : 40% of first year commission.
2nd and 3rd year of policy: 2% to 7.50% depending up on the type and term of policy.
4th year onwards : 2% to 5% depending up on the type and term of policy.
Example of Commission on Endowment type of policy of Term 15 years and above:
1st Year Commission : 25% of Premium.
Bonus Commission : 40% of first year Commission (i.e. 10% of Premium)
Total 1st Year Commission : 35% of Premium
2nd & 3rd Year of policy : 7.5% of Premium
4th Year onwards: 5% of Premium
Your Expected Commission for Next 5 years:
|Expected Premium||Expected Commission|
|1st year||2nd year||3rd year||4th year||5th year|
As Years pass by your Renewal Commission keeps on increasing thereby assuring you a pension for the next 20 to 25 years when you stop working or to your family on your death.
We will make sure through our meticulous training that your earnings should be as per above chart, but that requires willingness on your part to take lot of physical pain.