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1-Should Convert Product Commission Rate From Based On Gross Premium To Based On Net Premium? is unselected and Is The Product Commission Amount At Cost? is unselected
| Factor | Amount |
Policy tariff premium | 1.000,00 | |
Underwriting adjustment | 5% | 50 |
Sales discount | 5% | -52,5 |
Product commission | 5% | 49,88 (5% * (1.000 + 50 - 52,5)) |
Tax | 50 | |
Policy final premium | 1.097,38 |
2-Should Convert Product Commission Rate From Based On Gross Premium To Based On Net Premium? is selected and Is The Product Commission Amount At Cost is unselected
| Factor | Amount |
Policy tariff premium | 1.000,00 | |
Underwriting adjustment | 5% | 50 |
Sales discount | 5% | -52,5 |
Product commission | 5% | 52,5 ((5%/100%-5%) * (1.000 + 50 - 52,5)) |
Tax | 50 | |
Policy final premium | 1.100,00 |
3-Should Convert Product Commission Rate From Based On Gross Premium To Based On Net Premium is unselected and Is The Product 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 |
Product commission at-cost (apply on the net premium) | 5% | 50 (5% of 1.000) |
4-Should Convert Product Commission Rate From Based On Gross Premium To Based On Net Premium is unselected and Is The Product Commission Amount At Cost is unselected
| 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 |
Product commission at-cost (apply on the gross premium EXCLUDE tax) | 5% | 49,88 (5% of 1.047,5 - 50) |