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Commissions
290298-00
Net quotes prohibited
I am trying to bring in a new account and want to offer the best price I can to this potential client. Can I legally reduce my commission on a policy in order to offer the potential client a lower premium?
290190-00
Referral fees
Can I implement a program where I reward nonproducers for providing leads or sales prospects? Can I base the size of the rewards on the quality of the lead, or if it leads to a sale?
290211-00
Retired agent receiving commissions
May a retired insurance agent (who was licensed at the time the insurance was sold) continue to receive renewal commissions on that business after the agent’s license has expired?
290328-00
Disclosing commissions
When do I have to disclose my commission to clients in New Jersey?