Government insurance programs are essential for addressing a wide range of social and economic problems that impact Indian society. Therefore, knowledge of these government insurance programs in India is vital for anyone aspiring to a career in banking and finance.
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
Acko is a pioneering digital insurer in India, known for its direct-to-consumer model that largely eliminates intermediaries, hence offering lower premiums and more streamlined service. However, for growth and outreach, Acko does maintain agent or franchise partnerships, where trusted advisors or franchises market Acko products and earn commissions based on premiums sold. So, in this … Read more
Adarsh Credit Cooperative Society (ACCS) was a multi-state credit cooperative society based in Ahmedabad, India, which operated until its liquidation. The society had a vast network of advisors or agents who facilitated various financial services to its members. So, in this article Adarsh Credit Cooperative Society agent commission chart. Adarsh Credit Cooperative Society Agent Commission Chart … Read more
Bandhan Life Insurance is a prominent player in India’s rapidly growing insurance sector, with a focus on delivering innovative and affordable insurance solutions. As a part of the Bandhan Group, which also operates Bandhan Bank, Bandhan Life Insurance has made a significant impact since its inception, serving millions of customers across the country. Its product … 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 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
Star Union Dai-ichi Life Insurance Company is a leading player in the Indian insurance industry, offering a range of life insurance products that cater to different needs, from term plans to savings and investment plans. Established as a joint venture between the Union Bank of India, the Dai-ichi Life Insurance Company of Japan, and the … 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
In the ever-growing insurance industry, Shriram Life Insurance has earned a reputation for its customer-focused products and services, offering a wide range of life insurance solutions. As an agent of Shriram Life Insurance, you not only have the opportunity to contribute to the financial security of your clients but also enjoy significant earning potential through … Read more
The role of an insurance agent is crucial in connecting customers with financial protection plans that cater to their future needs. Insurance agents not only help individuals safeguard their health, life, and assets, but they also enjoy significant earning opportunities in the form of commissions. If you’re looking to become an insurance agent with Edelweiss … Read more