Our Flexible Commission Structure

With our commission structure, there are 4 options to choose from, so you have more choice over how and when you earn your commission.

Choose from:

  • Double Indemnity
    Receive a discounted advance of 24 months commission in month one, followed by further annual advances from month 25 onwards following each policy anniversary date (which may also be discounted). Please note that this commission type will always carry a clawback liability.
  • Annualised Indemnity
    Receive an advance of 12 months worth of commission in month one, followed by a further 12 months commission following each policy anniversary date. Please note that this commission type will always carry a clawback liability.
  • Indemnity
    Receive an advance of 12 months commission in month one. Please note that this type of commission is only available on certain Paymentshield products and may be subject to our acceptance of an additional term within your agency agreement.
  • Monthly Drip/Accrual
    Commission is paid on a monthly basis throughout the term of the policy. The amount you receive is dependent on the premium collected in the month.

Directly Authorised Advisers

If you are interested in changing your commission structure to Double Indemnity, please login to our DA Member area and follow the on-screen instructions. If you do not have access, then you can register online.

Appointed Representatives

If you are interested in changing your commission structure to Double Indemnity, please consult with your Principal's Head Office. If they have agreed that you can opt for Double Indemnity commission, you can register your request with them to start receiving it.

This page is intended solely for the attention of Directly Authorised or Exempt Firms as defined by the Financial Services Authority.

© Paymentshield Limited, 2010

Paymentshield Limited (registered number 02728936) is a company registered in England and Wales at Paymentshield House, Southport Business Park, Wight Moss Way, Southport, PR8 4HQ. Telephone calls may be recorded for security purposes and monitored under our quality control procedures

Paymentshield Limited is authorised and regulated by the Financial Services Authority (FSA) under registration No. 312708. See www.fsa.gov.uk/register for further details