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Revised commission structure to be effective from Jan 1, 2012. As per Sec 40A of Insurance Act of 1938: Post completion of first 10 years of business, An insurer shall pay maximum upto Thirty five percent of the first years premium on the new business by way of commission or remuneration in any form and maximum upto Two percent of the new business premium by way of commission or remuneration in any form for a Single Premium policy.