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Anonymous
Does the new Insurance Agent gets any commission if there is a change in agent?
My Insurance Agent is leaving the company and I have existing policies that are 2-3 years in (having renewal soon). I look up online and saw that my policies are likely to get 6 years commission and was wondering if I were to change my policies to a friend due to the departure, will my friend get the remaining commissions (est. 3 years)?
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Duane Cheng
22 Jan 2021
Financial Consultant at Prudential Assurance Company Singapore
Hi there,
Unfortunately no, unless its assigned to your friend via the company.
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This is a question that your friend should be asking his company, as it might be differerent from co...
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There are some insurance agent are good at selling policy and MIA after sold.
Why can't the commission pay to new agent after policy owner change agent?
The new agent is providing the after sale service and they deserve for the commission which we are still paying the premium.