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Commission Rebating...Legal?

In order to reach a desired premium, an insurer may ask if the agent wants to "chip in" commission, for example, reducing the commission from 15% to 10% in order to make the premium more competitive. The process is invisible to the insured or prospect. Is this rebating?

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​127 South Peyton Street
Alexandria VA 22314
​phone: 800.221.7917
fax: 703.683.7556
email: info@iiaba.net

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