The amount you receive depends on your policy premium and the commission paid by the insurer.
As a guide, ongoing commissions are typically around 10% to 20% of your annual premium, although this varies by insurer and policy type.
We keep the first $75 per year in ongoing commission received by InvestSMART and rebate 50% of the remaining amount to you.
For example, if we receive $400 in ongoing commission on your policy in a year, we retain $75 and rebate 50% of the remaining $325, meaning you would receive $162.50.