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CIRCULAR OF CHINA INSURANCE REGULATORY COMMISSION ON CLARIFYING THE COMPOSITION OF COMMISSIONS OF INSURANCE SALESMEN |
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(No. 48 [2006] of China Insurance Regulatory Commission, April 27, 2006) |
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SUBJECT : ADMINISTRATIVE MEASURES; INSURANCE SALESMEN; COMMISSIONS; COMPOSITION |
ISSUING DEPARTMENT : CHINA INSURANCE REGULATORY COMMISSION |
ISSUE DATE : 04/27/2006 |
IMPLEMENT DATE : 04/27/2006 |
LENGTH : 47 words |
TEXT : |
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After the promulgation of the Provisions on the Administration of Insurance Salesmen, some insurance companies have required this Commission to clarity the composition of insurance salesmen's commissions. We hereby clarify it upon deliberation that: the insurance salesmen's commissions shall be composed of business costs and labor remuneration.
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