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2 comment(s). Last comment by Kelvin Tsai 2013-12-13 18:10
Posted by Kelvin Tsai > 2013-12-13 18:10 | Report Abuse
The current commission rate is more than enough esp those unit manager earning very handsome over riding commission from his or her down lines ! Frankly, insurance companies should review and reduce the over riding commission! Some unit managers just like Tua pek kong sitting and doing nothing and earning handsome commission from their downline agents ! Personally, the insurance companies should take some over riding commission percentage and increase the insurance agent commission ! Frankly, these insurance agents should pay better than the unit heads or managers as insurance agents are the one who do the running and servicing the insured clients !
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
limko1
283 posts
Posted by limko1 > 2013-12-13 16:44 | Report Abuse
A reasonable commission rate is fair and acceptable. However, too high a rate will only attract unscrupulous and irresponsible insurance agent. At current commission, there are so many agents that interest only in closing sale rather client's interest and service to client, and you want to increase the rate some more?