The rules every commission figure is checked against

Rates, Fees And Ceilings

A commission agreement is a rate card resolved most-specific-match-wins across carrier, class, transaction type, bill method and agency structure, and it names the rule that won. Where a market caps or prohibits commission, an agreement above the ceiling is refused when it is saved. Agency fees sit on the same footing: a fee raises its own expected entry, and its own producer payable where the producer shares in it.

Commission ceilings, cited

Ceiling or floor, rate, the policy years it applies to and the intermediary type — and the decree or regulation it was read from, with how well that reading is sourced.

Fees charged beside commission

Policy, late-charge, inspection and MVR fees against the account and policy they were raised on. Fee income is income, and it belongs in the ledger, not a spreadsheet.

Nine fee types, three switches

Whether the fee is collected for somebody else, whether the carrier pays commission on it, and whether the producer shares in it.

The product catalogue

Fifty-four products the book is placed on, each with its class, its coverages and its term.