Can any please let me know the commission % for Unit Linked LIC Insurance?
Answers: For LIC ULIP Policies
Regular Premium - 15% for First Year
Single Premium - 2%
If you want to do insurance or insurance business, contact 09344412350
what kind of commisions are you talking about
if its agent commision then it ranges from 18-30% (depdending upon the plan)
but if you are talking about the average return then any ULIP returns around 15% pa
Why do you want to know the commision on any ULIP policy ?
If you are an agent ask your Development Officer or the Branch Manager and they will give you the right figure.
If you are a policy holder, then ask your agent, he must tell you the commission rate.
Without knowing the policy name or table number , we cannot say the commission rate, because every policy will have different rates from 2% to 10%.
Any how, if you are a policy holder, please do not bother about the benefits of the agent, look at the benefit for you through the plan
good luck
pnkmurthy(a)yahoo.com
http://www.geocities.com/pnkmurthy/lic.h...
Your question is valid & meaningful & that is why LIC agents got paniced on this site.
First year commission is in range of 20-40% & then 1-5% depending on policy.
These policies benifit only the agents& not the investor.
Take pure term insurance.
I own replacement cost coverage on my homeowner insurance but should I be paying for the lot it is built on?
When one purchases a home the mortgage company requires you to cover the amount of the loan,($290,000) lots in my nouns are selling for ($70,000) , does this mean i should with the sole purpose insure for ($220,000) , since the lot is not being replaced?Answers: In my years as an insurance agent I come across this situation many times. It is a more than ever a problem where you own lakefront property with a cottage. Often the cottage is particularly small and of simple construction and the lot is, by far, the most significant part of the purchase price. In these cases I worked near the loan officer to satisfy their requirement for the proper replacement cost insurance so that the cottage be insured without wasting significant premiums insuring topography.
That being said when you purchase your insurance you want to insure the replacement cost of your home not a moment ago the mortgage amount. The calculated replacement cost (not including the lot) will often be sophisticated than the amount you chose to finance.
No. The environment isn't covered.
The mortgage company should be satisfied beside your house being insured for 100% of the cost to reform (NOT BUY - REBUILD).
How much you can sell the house for frequently have NO BEARING on how much it costs to rebuild.
Talk to your agent. If your house really is overinsured, your agent should be chitchat to the mortgage company, to provide teh appropriate documentation to get you approved.
Talking to the mortgage company yourself isn't going to bring back you anywhere - you don't know the right terms or the local law, and you can't do it with of late the service rep, you need a official.
That is correct, do not insure the land. You should contact a local agent who can run a cost estimator on your house only to make sure you hold enough coverage. Some companies will cover up to 125% of your tabled dwelling amount which is a nice feature since home prices can move about up significantly in one year. A local agent would be glad to help you through this.
To connect near a local agent, fill out the quote form located at http://www.myinsurancequotes.net. A local agent will contact you and relieve you get started.
Jared Balis
http://www.utahinsurance.org
Which renter's insurance can I purchase online in need the involve to call on the local agent's organization?
I tried Allstate. At the end of the online application process, it required me to communicate to a local agent. I just want to draw from the renter's insurance fast. Do adjectives renter's insurance process require applicants to visit their local agent contained by person? I be trying to take the simple approach. The total insurance I would own needed was merely about $152 annually.Answers: I don't know of ANY companies that will consent to you do the electronic application thing - they will ALL require a drop by, as far as I know, to an insurance agent's office, OR, for you to overrun in and post an application back.
Just around ANY renters policy will give you $20,000 of stuff coverage and $100,000 of liability coverage for $150 a year.
See, the application entity is the key - you have need of to complete it. And if you miss a spot, or fill it surrounded by wrong, then the agent sends it subsidise to you again. And sending back an application 6 -8 times to get hold of it filled surrounded by correctly frustrates EVERYONE.
i work for allstate in california and if you ring any local agent you can probably do it through fax... becuase at the end of application we do necessitate your signature.