...
| Factor | Amount |
Policy tariff premium | 1.000,00 | |
Underwriting adjustment | 5% | 50 |
Sales discount | 5% | -52,550 |
Sales commission | 5% | 52,5 50 ((5%/100%-5%) * (1.000 + 50 - 52,5)) |
Tax | 50 | |
Policy final premium | 1.100,00 |
...
3-Should Convert Sales Commission Rate From Based On Gross Premium To Based On Net Premium is unselected selected and Is The Sales Commission Amount At Cost is selected
| Factor | Amount |
Policy tariff premium | 1.000,00 | |
Underwriting adjustment | 5% | 50 |
Sales discount | 5% | -52,5 |
Tax | 50 | |
Policy final premium (the premium that a customer will pay) | 1.047,50 | |
Sales commission at-cost (apply on the net premium) | 5% | 52,50 (5% of 1.000(5%/100%-5%) * (1.047,50 - 50)) |
4-Should Convert Sales Commission Rate From Based On Gross Premium To Based On Net Premium be unselected and Is The Sales Commission Amount At Cost is unselectedselected
| Factor | Amount |
Policy tariff premium | 1.000,00 | |
Underwriting adjustment | 5% | 50 |
Sales discount | 5% | -52,5 |
Tax | 50 | |
Policy final premium (the premium that a customer will pay) | 1.047,50 | |
Sales commission at-cost (apply on the gross premium EXCLUDE tax) | 5% | 49,88 (5% of 1.047,5 - 50) |
...