054.00.27-16. PERMITTED COMPENSATION ARRANGEMENTS
AR ADC 054.00.27-16Arkansas Administrative CodeEffective: February 1, 2018
Effective: February 1, 2018
Ark. Admin. Code 054.00.27-16
054.00.27-16. PERMITTED COMPENSATION ARRANGEMENTS
A. An issuer or other entity may provide commission or other compensation to an agent or producer or other representative for the sale of a Medicare supplement policy or certificate only if the first year commission or other first year compensation is no more than two hundred percent (200%) of the commission or other compensation paid for selling or servicing the policy or certificate in the second year or period.
Credits
Amended July 1, 2009; Feb. 1, 2018.
Current with amendments received through February 15, 2024. Some sections may be more current, see credit for details.
Ark. Admin. Code 054.00.27-16, AR ADC 054.00.27-16
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