Difference Between CSC RAP Insurance And CSC VLE Insurance - Registration | Products | Commission

 

Difference Between CSC RAP Insurance 

And 

CSC VLE Insurance

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Point of Difference	RAP	VLE INS
Training, Registration Fee & License	Link : http://13.126.173.165/insurance/ • Registration Fees - Rs. 350/- • Re-appear for exam - Rs.175/- • Online Training - 20 modules/assessments • Appear for Exam - passing marks - 35/100 • License given by IRDAI (within 10-15 days of passing the exam)	Link : http://15.206.9.238/vleinsurance/ • Registration Fees - Rs. 200/- • Re-appear for exam - Rs. 100/- • Online Training of 15 hours • Appear For Exam - passing Marks - 10/25 • License given by CSC as soon as exam passed
Limits on Insurance Products	Life Insurance-Same for both RAP/VLE INS General Insurance - All products with Sum Insured Limit twice that of VLE INS products.	Life Insurance - Same for both RAP/VLE INS General Insurance - All POSP products
Products being offered	Life Insurance (Khata, Cashback) Motor Third Party Motor Comprehensive Personal Accident Health Insurance Fire Insurance Travel Insurance	Life Insurance (Cash Back) Upcoming - Motor Third Party Motor Comprehensive Personal Accident Health Insurance Fire Insurance Travel Insurance
Insurance Companies Associated	India First Life Insurance Co. Ltd. Bajaj Allianz General Insurance Co. Ltd. Future Generali General Insurance Co. Ltd. HDFC ERGO General Insurance Co. Ltd. ICICI Lombard General Insurance Co. Ltd. IFFCO TOKIO General Insurance Co. Ltd. New India Assurance Co. Ltd. The Oriental Insurance Co. Ltd Reliance General Insurance Co. Ltd. Royal Sundaram General Insurance Co. Ltd. Shriram General Insurance Co. Ltd. TATA AIG General Insurance Co. Ltd. United India General Insurance Co. Ltd. Universal Sompo General Insurance Co. Ltd. Upcoming Cholamandalam General Insurance Co. Ltd. Kotak Life Insurance Co. Ltd. SBI General Insurance Co. Ltd.	India First Life Insurance Company Ltd Upcoming Bajaj Allianz General Insurance Co. Ltd. Future Generali General Insurance Co. Ltd. HDFC ERGO General Insurance Co. Ltd. ICICI Lombard General Insurance Co. Ltd. IFFCO TOKIO General Insurance Co. Ltd. Reliance General Insurance Co. Ltd. Royal Sundaram General Insurance Co. Ltd. Shriram General Insurance Co. Ltd. Universal Sompo General Insurance Co. Ltd.

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Commission Chart

Commission Structure (For CSC) Same for RAP & VLE INS POSP	Product	Commission
	Motor Comprehensive
		Age of Vehicle 0-3 Years
	Other than 2 Wheeler	15% of OD Pemium
	2 Wheeler	17.50% of OD Premium
		Age of Vehicle > 4 Years
	Other than 2 Wheeler	15% of OD Premium + 2.5% of TP Premium
	2 Wheeler	17.50% of OD Premium + 2.5% of TP Premium
	Motor Third Party
	All Vehicles	2.5% of TP Premium
	Health Insurance	15% of Premium
	Fire Insurance	16.50% of Premium
	Marine Cargo	16.50% of Premium
	Miscellaneous
	Personal Accident	16.50% of Premium
	Farmer Package Policy	16.50% of Premium
	Hospital Cash	16.50% of Premium
	Travel Insurance	16.50% of Premium

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