igc middle east the management people
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igc middle east FZC, a management consultancy firm with business acumen in enhancing your corporate growth / consolidation with in the precincts of your trade

A professional team of Chartered Accountants, Cost Accountants and Management Professionals committed to serve and survive through quality guaranteed services in management, accounting, costing, and software & web solutions... more

 

 

Issue Date : 08/05/2006

Dubai

Terms and conditions of employment

 

Company Profile

 

 

Activity - Insurance

Product - Group Pension Scheme (Single Product)

Targeted Group - Companies having more than 100 Employees

Minmum Premium per head - AED100/- per Month

Maximum Premium per head - No Limit

Total Years - 5 Years

 
Commission Structure
Level Premium Commission Bonus / Incentive Visa

L -1

Upto AED. 20,000 /- 2 % - Own Visit Visa
L -2 AED.50,000 /- 2.5 % For entire Business - Co. Visit Visa
L -3 AED.100,000/- 3 % For entire Business - Co. Visit Visa
L -4 AED.500,000/- 5 % For entire Business 1 % For entire Business Co. Emp. Visa
L -5 Above AED.1 M 6 % For entire Business 2 % For entire Business Co. Emp. Visa
Highest Commission + Bonus 6 % 2 %
 

Conditions

1.
-Above Commission rates are applied for first three months of each Policy
2.
-2 % Flat rate for next 9 Months
3.
-Maximum earnings from a single Policy - 8 % * 3 Months + 2 % * 9 Months of Premium
   
Duties and Responsibilities

1. Marketing

2. Policy Processing

3. Payment Follow Ups

4. Claim Settlement

The above terms and condition are agreed

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