APPOINTED REPRESENTATIVE
Tailor made AR Packages
Our Appointed Representative life packages have been tailor made to be some of the best AR insurance packages in the market.
This option allows you to access our Preferred Panel, offering some of the most competitive commissions in the market of our top 5 insurers via assureweb.
This service is offered to all Appointed Representatives with no additional costs.
- Enhanced commission rates
- Direct submission to insurer - stay in control
- Fast weekly commission payments
- Free assureweb quotation software
- Fully integrated with Vision Software
PREFERRED PANEL (gross commission rates)
| 183% API(2 year) |
182% API (2 year) |
195% API (4 year) |
185% API (4 year) |
195% API (4 year) |
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Although we do not charge a percentage of turnover for the total business (including procuration and broker fees) there is a commissions split pay away from the above gross rates dependant on the volume of Protection, Pension and Investment business issued.
The commissions are as follows
- £0-£49,999 Turnover per annum 10%
- £50,000 - £99,999 turnover per annum 7.5%
- £100,000 turnover and over By negotiation
Commission rates apply to policies submitted on-line with a minimum term of 12 years. Policies with a shorter term will attract a lower commission rate. Commission will be subject to a 2 or 4 year clawback period. For more information please refer to the product providers terms and conditions. These rates do not apply to PHI policies. For more information please contact the Commissions Department on 020 7268 6950.
Commission Rates shown are the maximum available taking account of cases being submitted electronically to insurers.
Under Vision Preferred Panel, you will only be able to offer products from Legal & General, AXA, Norwich Union, bright grey and Zurich for Life Insurance, Critical Illness, and Permanent Health Insurance contracts.