COMMISSIONS
The Third Party Administrator, prior to submission
of premium, may deduct commissions. Alternatively, the Third Party
Administrator may choose to submit the gross premium to SLG Benefits
and receive the commission from SLG Benefits. All producers,
regardless of whether the premiums are remitted gross or net, must be
approved by SLG Benefits and appointed by the insurance carrier.
Commissions are paid monthly for premium received and processed prior
to the end of business day prior to commission payments.
|
