Which of the following is the permitted compensation arrangement for agents’ first year commission on LTC and Medigap policies?

Insurance

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Which of the following is the permitted compensation arrangement for agents’ first year commission on LTC and Medigap policies?

a. 200% of the renewal commission for the second year

b. 400% of the renewal commission for the third year

c. 100% of the renewal commission for the second year

d. 200% of the renewal commission for the third year

Answer: a. 200% of the renewal commission for the second year

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