BrokerageCommissionInfo

Description
This aggregate contains the commission rate and amount for the brokerage.

Type : Aggregate
DataType : BrokerageCommissionInfo_Type

Elements
CommissionAmtThe amount the Company/Surety agreed to pay the producer for a specific item or transaction. The monetary amount is sent because in some cases there are either split or multiple commissions or the commission is a fee based upon premium. In Surety, this amount is averaged if it is a graded rate schedule.
CommissionRatePctA percentage, applied to the premium amount, which is owed to the producer based on either a specific coverage or the entire policy or bond. If multiple rates apply, separate line items should be used. If, in Surety, scaled rating data is being sent, it will apply to the rating range.

Attributes
idThis attribute is an identifier to a specific element.
SourceSystemRefThis attribute is an identifier reference to a source system.