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Lautro commission rates
sandsy
Posts: 1,759 Forumite
Can anyone help? What were the old standard Lautro commission rates for:
- term insurance
- critical illness
- income protection
Were they all 25%, 30% or 35% in the initial period? This is for a piece of research I'm doing at work. Thanks!
- term insurance
- critical illness
- income protection
Were they all 25%, 30% or 35% in the initial period? This is for a piece of research I'm doing at work. Thanks!
0
Comments
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Usually CiC paid at Term rates
Remember though most providers paid an uplift on all of those rates + most advisers took upfront indemnity payment ( discounted at a rate of 0.75- 1% pm)
also some companies ( did and still do) work on a shorter earning period , so gets more confusingAny posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.0 -
whoops.. there's me getting dragged into a answering a question that 's been reopened from months ago !Any posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.0
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