What Does Graded Commission Mean?

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What does Graded Commission mean? Read on to discover the definition & meaning of the term Graded Commission - to help you better understand the language used in insurance policies.

Graded Commission

Graded Commission

A commission schedule based on premium size (e.g., 12.5 percent for the first $5,000 of premium, a lower percentage for the next $95,000, and lower still beyond $100,000).

We hope the you have a better understanding of the meaning of Graded Commission.

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