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<!doctype html>
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<title> Remuneration | LIC Agent(AJMER)</title>
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<h3>Remuneration</h3>
<ul>
<li>The remuneration will be paid to you in the form of Commission as percentage of premium collected through the policies sold by you.</li>
<li>It is not a one time commission on a sale made by you.</li>
<li>It provides you the royalty income through out the term of policy.</li>
<li>As long as policy holder pays the Premium you will get the commission.</li>
<li>Moreover this commission is hereditary i.e. it will be paid to your nominees even after your death.</li>
</ul>
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<h6>The Commission rates on regular premium policies are as under:</h6>
<ul>
<li>First year Commission : 4% to 25% depending up on the type & term of the policy.</li>
<li>Bonus Commission : 40% of first year commission.</li>
</ul>
<h6>Renewal Commission:</h6>
<ul>
<li>2nd and 3rd year of policy: 2% to 7.50% depending up on the type and term of policy.</li>
<li>4th year onwards : 2% to 5% depending up on the type and term of policy.</li>
</ul>
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<h6>Example of Commission on Endowment type of policy of Term 15 years and above:</h6>
<ul>
<li>
1st Year Commission : 25% of Premium.
</li>
<li>Bonus Commission : 40% of first year Commission (i.e. 10% of Premium)</li>
<li>Total 1st Year Commission : 35% of Premium</li>
</ul>
<h6>Renewal Commission:</h6>
<ul>
<li>2nd & 3rd Year of policy : 7.5% of Premium</li>
<li>4th Year onwards: 5% of Premium</li>
</ul>
<h6>Your Expected Commission for Next 5 years:</h6>
</div>
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<th>Expected Premium</th>
<th colspan="5">Expected Commission</th>
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<th style="border-left:none ;"></th> -->
</tr>
</thead>
<tbody>
<tr>
<td scope="row"></td>
<td>1st year</td>
<td>2nd year</td>
<td>3rd year</td>
<td>4th year</td>
<td>5th year</td>
</tr>
<tr>
<td scope="row">12,00,000</td>
<td>4,20,000</td>
<td>90,000</td>
<td>90,000</td>
<td>60,000</td>
<td>60,000</td>
</tr>
<tr>
<td scope="row">24,00,000</td>
<td> </td>
<td>8,40,000 </td>
<td>1,80,000 </td>
<td>1,80,000</td>
<td>1,20,000</td>
</tr>
<tr>
<td scope="row">36,00,000</td>
<td> </td>
<td> </td>
<td> 12,60,000</td>
<td>2,70,000</td>
<td> 2,70,000</td>
</tr>
<tr>
<td scope="row">48,00,000</td>
<td> </td>
<td> </td>
<td> </td>
<td>16,80,000</td>
<td>3,60,000 </td>
</tr>
<tr>
<td scope="row">24,00,000</td>
<td> </td>
<td> </td>
<td> </td>
<td></td>
<td>21,00,000 </td>
</tr>
<tr>
<td scope="row">Total</td>
<td>4,20,000 </td>
<td>9,30,000 </td>
<td>15,30,000 </td>
<td>21,90,000</td>
<td>29,10,000</td>
</tr>
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