137k views
4 votes
Which of the following is true about commission paid to producers for the sale of Medicare supplement policies?

A) It is illegal
B) It is fixed by the government
C) It varies by insurance company
D) It is always a flat rate

User Tzali
by
7.5k points

1 Answer

4 votes

Final answer:

The commission paid to producers for the sale of Medicare supplement policies varies by insurance company.

Step-by-step explanation:

The correct answer is C) It varies by insurance company.

When it comes to the commission paid to producers for the sale of Medicare supplement policies, it is important to note that it varies by insurance company. Different insurance companies have different commission structures and may offer varying rates of commission to producers.

For example, one insurance company may offer a higher commission rate for each policy sold, while another insurance company may offer a lower commission rate. This variation allows producers to choose the insurance company with the commission structure that aligns with their needs and preferences.

User Pinewood
by
7.7k points

No related questions found