PRODUCTS | COMMISSION FEE/CREDIT | PREMIUM CREDIT |
|---|---|---|
Accidental death and dismemberment (individual) | 100% of first year commission | 100% of first year premium |
Critical illness (individual) | 100% of first year commission | 100% of first year premium |
Disability income contracts (individual) | 100% of first year commission | 100% of first year premium |
Life (individual) | ||
Up to annual premium/target premium | 100% of first year commission | 100% of first year premium |
Deposits in excess of annual/target premium/top up | 100% of commission paid | 6% of excess premium |
Single premium (whole life and investment) | 100% of first year commission | 6% of first year premium |
Short-term endowment rider (max 15 yrs) | 100% of first year commission | 100% of first year premium |
Accidental death and dismemberment (group) | 100% of first year commission | 10% of first year premium |
Critical illness (group) | 100% of first year commission | 10% of first year premium |
Disability income contracts (group) | 100% of first year commission | 10% of first year premium |
Life (group) | 100% of first year commission | 10% of first year premium |
Long-term care (group) | 100% of first year commission | 10% of first year premium |
Annuities (individual and group) | 100% of all commissions | 6% of new money invested |
Single premium and/or short-term endowment (max 15 yrs.) | 100% of first year commission | 6% of first year premium |
Health care (individual) | 100% of first year commission | 100% of first year premium |
Health care (group) | 100% of first year commission | 10% of first year premium |
Mutual funds | 100% of all commissions/fee | 6% of new money invested |
Securities | 100% of all commissions/fee on new money invested | 6% of new money invested |
Wrap accounts/asset management accounts | 100% of all commissions/fee | 6% of new money invested |
Financial Planning Fees/Fees for Advice | 100% of the net fee | 100% of the gross fee |