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The ability to track commissions is only as good as the commissions
rules built into a system. You do not want to get caught with a commissions
system limited in the types of rules it can support. The Gen4 commissions
system has built-in support for all major carrier rule types, including
multi-level, multi-tier based rule structures.
- Aggregated premium rules
- Date based rule management for group policies
- Life based rules
- Premium based rules
- Premium year-to-date rules
- Renewal rule processing algorithms for staged rule changing
- Support for unlimited rule leveling ($0 - $10K is 5%; $10K to $50K is 4%, etc.)
- Support for multi-tier based rules (Under 50 lives is life leveled; over 50 lives is premium leveled)
- Year based rules management from issue date for individual policies
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