Insurance through CSC New Commission Structure For VLEs
IRDAI has approved new CSC regulation 2019 for CSC RAPs & also allows VLEs to solicit Insurance products.
Below is the New Commission Structure that RAPs & VLEs would get. We are in process of changing the commission, hopefully this would complete by the end of next week i.e by 16th Aug 2019.
Pls Note : RAPs & VLEs will get 80% of below commission Less Applicable TDS.
| Product | Commission |
| Motor Comprehensive | |
| Age of Vehicle 0 to 3 Yr. | |
| Other than 2 Wheeler | 15% of OD |
| 2 Wheeler | 17.5% of OD |
| Age of Vehicle 4 Yr. onwards | |
| Other than 2 Wheeler | 15% of OD + 2.5% of TP |
| 2 Wheeler | 17.5% of OD + 2.5% of TP |
| Motor Third Party | |
| All Vehicles | 2.50% |
| Health Insurance | 15% |
| Fire Insurance | 16.50% |
| Marina Cargo | 16.50% |
| Miscellaneous | |
| Personal Accident | 16.50% |
| Farmer Package | 16.50% |
| Hospital Cash | 16.50% |
| Travel Insurance | 16.50% |
Source : CSC e-Governance Services India Ltd
