Description |
Commission Extension |
Type : String |
Definition |
This string is used by carriers to tell distributors which variant of a commission rate table to reference for computing commissions. For instance, the rate for commission option A may change depending on qualified plan, group vs. non-group, surrender charge rider, death benefit option, Guaranteed Minimum Account Balance (GMAB) option, etc. This is particularly useful for renewal and subpay commissions. |
Parents |
Policy |