8e45597f_ossary___MicroInsurance_Centre__Term
[Definition] Commission paid out to an agent and retrieved by the insurer due to policy cancellation of the original commission resultant policy prior to full payment of the policy by the policyholder. Commission The part of an insurance premium paid by the insurer to an agent or broker for services in procuring and servicing the insurance policy(ies). [Term] 
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Glossary - MicroInsurance Centre
Term