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Company will pay a 15% commission

Business

Ingo-Armenia insurance company has introduced changes in its agreements with agents starting from February 1, the PR Department reports.

From now on, the Company will pay a 15% commission based on the APPA agreements signed by agents. The Company has developed a procedure through which all insurance agents will have the opportunity to work by "keeping commissions" through all types of insurance, that is, they will pay the Company the difference of the collected insurance payments and the commission.

The changes refer to agreements signed after February 1. To keep working by "keeping the commissions", agents are obliged to submit corresponding financial statements to the company within every ten days.