Licensing and Commissions Transmittal Form 2025

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Top 10 listed insurance companies in India (2024) Insurance Company NameMarket Cap (Rs. in cr.)PE Ratio (%)HDFC Life Insurance Company Ltd1,32,114.1196.56ICICI Prudential Life Insurance Company Ltd75,199.7092.44ICICI Lombard General Insurance Company Ltd67,580.8239.09General Insurance Corporation of India54,596.937.906 more rows Jan 16, 2024
For individual health insurance, the agents commission can be up to 15%. For the group health insurance provided by corporate agencies, the agent gets a commission of 7.5% of the total amount of insurance. For family health insurance the agent gets a 15% commission.
1,236 crore to agents in FY 2021. Max Life and LIC are the highest commission paying life insurers in India as their commission outgo is in excess of 5.5% of their total premium income, shows LICs draft IPO prospectus. Max Life pays the highest commission to agents.
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People also ask

Whole life insurance commission rates Insurance agents receive the highest commission rates for whole life insurance plans, often more than 100% of the total premiums for the policys first year. The exact percentage depends on the age of the policyholder.
Insurance Agent Salaries Job TitleSalaryPlatinum Supplemental Insurance Insurance Agent salaries - 541 salaries reported$74,075/yrAllstate Insurance Agent salaries - 516 salaries reported$71,619/yrGEICO Insurance Agent salaries - 497 salaries reported$77,397/yr17 more rows
Parekh, who missed out on watching matinee shows and playing cricket during his youth, is now a millionaire, who can afford most luxuries of life. As an agent, his annual income is over Rs. 4 crore, around five times more than that of the LIC Chairman.

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