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This varies greatly by company. Generally commission percentages are 15-25% of the first year premium, but some companies (like Blue Cross/Blue Shield) pay lower amounts, and some pay a flat rate per policy instead of being based on premium.

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15y ago

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Who Regulates individual health insurance policies?

when we apply for a health insurance policy then they divide according to state your in and then each state have an separate insurance commission under them they will be employees. Those employees can regulate the health insurance policy. For more details click here http://www.searchadeal.in/health-insurance-policy.php


Is it fraud if a Life insurance agent receives a commission for a new policy then cancels it and does not return the commission?

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The expenses which do not come within the purview of Health Insurance Policy (duly provided in the Mediclaim Policy Prospectus) are called Health Insurance deductibles.


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