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

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

Difference Between CSC RAP Insurance 

And 

CSC VLE Insurance


Point of Difference

RAP

VLE INS

Training,

Registration Fee
& License

Link https://www.csc-insurance.in/


• 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 https://www.csc-insurance.in/

• 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.


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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