Wrong info
by Nagesh Bhat on May 03, 2006 05:58 PM
5 things your insurance agent won't tell you
Larissa Fernand | May 03, 2006
HE/SHE writes,
Generally, the commissions start from around 10% to 15% of your premium. This is for the first premium. So if you are paying a premium of Rs 40,000, your agent will pocket Rs 16,000. A neat sum indeed.
It is not 16000 as he/she writes. Simple maths 6000 only.
If you read the message will misguide everybody. I think Mr/miss Fernand is basially a financial adviser.
