Standard compensation definition
Standard compensation means each of the following:
Standard compensation means each of the:
Standard compensation. Schedule shall apply to all policies solicited and issued under this agreement other than those to which the "Affiliate Compensation" Schedule applies. The "Affiliate Compensation" Schedule will become effective only upon acceptance by Pacific Equities Network ("PEN") of the fully executed Affiliate Acknowledgment and Approval form. The "Affiliate Compensation" Schedule election may be rescinded at any time, as provided in the Affiliate Acknowledgment and Approval form. Upon such rescision the "Standard Compensation" Schedule will become effective.
Examples of Standard compensation in a sentence
Standard compensation rates shall apply to internal exchanges from The Best of America(R) Group Pension Series.
Standard compensation rates shall apply to internal exchanges from the Best of America(R) Group Pension Series.
Standard compensation rates shall apply to internal exchanges from the Best of America(R) Group Pension Series contracts.
More Definitions of Standard compensation
Standard compensation means, for the purposes of this regulation, the set amount or percentage commission the insurer pays the insurance producer for selling its insurance policy. Standard compensation does not include renewal commissions.