All You Need To Know
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Age limit
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Premium
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Ways to pay
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Fund investment
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Policy term
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Partial withdrawal
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Tax benefit
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Maturity benefit
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Death benefit
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Medical examination
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Important Information
View Commission-related information
As per RBI circular: RBI/2009-10/225 dated November 16, 2009, following are the details of the comparative commission earned by HDFC Bank from Insurance (Life), whose products are being distributed:
Commission, Brokerage and trail from Life Insurance
| Category | First Year Commission | 2nd year Renewal Commission | ||
|---|---|---|---|---|
| Min | Max | Min | Max | |
| Health | 2% | 35% | 0% | 7.50% |
| Pension | 0.50% | 7.50% | 0% | 2% |
| Protection | 2% | 35% | 0% | 2% |
| Savings & Investment | 0.50% | 30% | 0% | 3% |
| Group Product* | 5% | 5% | 0% | 0% |
Note: The commission varies depending upon the Product in each category, tenure, amount of premium and premium paying term
*For Group Products commission payable is 5% of the premium with a ceiling on the maximum payout as defined by Insurance Regulatory and Development Authority of India (IRDAI) from time to time.