Commission Types

Flexible commission payments

You can choose your preferred commission type from the following choices:

• Initial Indemnity Commission - where you are paid the first 12 months commission upon receipt of the first premium, followed by monthly commission for the life of the policy. If the policy cancels during the indemnity period, unearned commission is subject to clawback.

• Monthly Commission - commission is paid each month on receipt of the premium for the life of the policy. 

You can select the type of commission you prefer when you complete your application.

In addition, where required you can select to sacrifice elements of the commission for any particular application.  This is helpful when you want to compete against direct writers or where you want to submit business for family and/or friends. 

Complete your application to become an intermediary here.