POSTED BY March 26, 2011 11:31 am COMMENTS (7)ON
I would want to know what is tha average Commissions as percentage of premiums for below type of policies.
1) Term Insurance
2) Personal Accident
When I contacted my advisor for review – renewal for these policies he say’s the commissions are very meager and was not ready to discuss more . I guess the very fact the money back , endowments and ULIPs are heavily sold by the advisors which has huge commission structures rather than the above valued ones.
Please help me out to understand the commission structure in these type of policies. I know Manish has already wriiten article on Commissions but want to know if the same percentage applies across all insurance products..