What is the advisor’s commission of reliance life insurance?



I want to become an insurance advisor… but I want to know the commission structure of all Pvt life insurance companies and LIC.. Any body can give a clear answer?

What is the advisor’s commission of reliance life insurance?
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One Reply to “What is the advisor’s commission of reliance life insurance?”

  1. While I am sure the uninformed will tell you the commission rates are higher on UL than term policies that is not th case.

    Being appointed with 30 companies currently I can tell you they all differ al ittle. Typically 30 yr term id the highest payout and top commission can be from 105%-145% of first year premiums. 10 yr term is usually 20-30% lower and UL and/or whole life from 50-120% with most tending lower. SOme companies pay retention/residual comissions.

    All channels whether internet, direct agent, mail or crner office are all paid the same bu the company.

    There is another paragraph or 12 I could share but it is beyond the scope, & size of this site .





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