Question

What is the maximum commission or remuneration for brokers in the subsequent years for all premium paying terms during the first ten years of a life insurer's business?

a.

5%

b.

10%

c.

15%

d.

20%

Answer: (a).5% Explanation:In the subsequent years for all premium paying terms during the first ten years of a life insurer's business, the maximum commission or remuneration for brokers shall be 5%.

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Q. What is the maximum commission or remuneration for brokers in the subsequent years for all premium paying terms during the first ten years of a life insurer's business?

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