Commission Derive the Sales – How Agents push you the insurance plans? 2

Agents push endowment and money back plans, which  fetch them higher commissions even though the returns are very low.

See the below list to be prepare while taking any life insurance plans:

  • Pure term Plans: Best form of insurance but projected as a waste of money.
  • Ulip: No longer favorite because of the low commissions.
  • Money Back Policy: Very costly plan. People may not even need the periodic payments.
  • Endowment Plan: Most popular plan because of the high commission.

2 thoughts on “Commission Derive the Sales – How Agents push you the insurance plans?

  1. Reply Manish Raghav Dec 11,2013 10:34 AM

    It is not always true.. Some agents are customer focused. They don’t care for commissions only.

  2. Reply IMRAN SHAIKH Jan 13,2014 9:08 AM

    IRDA CHANGING THE AGENT COMMISION ALL AGENT IS SATISFIED.BUT IRDA THINK ABOUT PERMONANT AGENT FOR HIS CHANGING THE LEVEL,STATUS AND PROMATION CHANCE. THEY WILL IRDA GOING TRUE PIATH. THINK ABOUT IT. IMRAN SHAIKH.

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