Insurance
Sovereign fronts up with 230% offer
Thursday 15th of October 2009
In its offering sent to the market this week, Sovereign will apply a basic initial commission rate of 230% across its TotalCareMax life rate for age policies.
Other Sovereign products including its level premium, compulsory group, TPD, trauma and health policies would not be subject to the new commission rate, a company flyer says.
The increase, which is understood to add about 20...
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