LIC’s Jeevan Tarun (Plan No. 834) is a popular children’s money-back plan that combines savings and protection features, designed to meet educational and other needs of growing children. As a participating, non-linked life insurance plan, it offers both survival benefits and maturity benefits along with life coverage. For LIC agents, understanding the commission structure for … Read more
SBI General Insurance offers a wide range of motor insurance products, including car and two-wheeler insurance. Agents play a crucial role in marketing and selling these insurance products. Understanding the commission structure is essential for both new and experienced insurance agents looking to maximize their earnings. This article provides a detailed breakdown of the SBI … Read more
Finance recovery agents play a crucial role in the debt recovery process for banks, non-banking financial companies (NBFCs), and other financial institutions. These agents are responsible for recovering overdue payments from borrowers and are typically compensated through a commission-based structure. This article provides a detailed overview of the finance recovery agent commission chart, including common … Read more
The New India Assurance Company Ltd., a leading public sector general insurance company in India, compensates its agents through commissions regulated by the Insurance Regulatory and Development Authority of India (IRDAI). These commissions are calculated as a percentage of the premium collected for various insurance products. See below the New India Assurance Agent Commission chart. … Read more
The Insurance Regulatory and Development Authority of India (IRDAI) sets the maximum commission rates that insurance agents and intermediaries can earn across various general insurance products. These rates are designed to ensure transparency and fairness in the insurance sector. Below is a detailed breakdown of the current commission structure as per IRDAI guidelines:. So, see … Read more
The commission structure for airline ticket sales by corporate travel agents is multifaceted, influenced by factors such as the type of flight, class of service, and specific agreements with airlines. So, see below airline ticket basic fare commission chart corporate agent… Airline Ticket Commission Chart for Corporate Travel Agents Flight Type Typical Commission Range Notes … Read more
ICICI Lombard General Insurance Company offers a structured commission framework for its agents and intermediaries, aligning with the Insurance Regulatory and Development Authority of India (IRDAI) guidelines. This framework varies based on the type of insurance product and the mode of distribution. See below ICICI Lombard agent commission chart… About ICICI Lombard: ICICI Lombard General … Read more
When you decide to invest in a mutual fund, you often encounter an intermediary known as a mutual fund agent, distributor, or advisor. This individual or firm helps you navigate through various fund options, advises you on the best funds for your financial goals, and facilitates the investment process. In return for these services, the … Read more
HDFC ERGO General Insurance is one of India’s leading insurance companies, providing a variety of insurance products like health, motor, travel, and home insurance. Agents play a crucial role in the company’s distribution strategy, and they are compensated based on a commission structure that varies across different products and business types. In this article, we … Read more
Becoming a LIC agent is a career in the insurance sector that provides flexibility, job satisfaction, and the opportunity to earn big commissions. Agents have the opportunity to provide customers with financial security while earning a living because of the confidence and reputation of the Life Insurance Corporation (LIC). So, see below the LIC commission … Read more