Insurance

Insurance products on Wealthy — health, life (term, savings, ULIP), commission rates, insurer partners, and payout terms.

Overview

Insurance is a high-earning product category on Wealthy. Partners can earn 25-54% upfront commissions on fresh business. Insurance transactions are treated as referral transactions with commissions credited on the 15th of every month.

Insurance is available via the Partner Web Dashboard.

Commission Summary

Product Type Commission Range Payment Type
Health Insurance (Fresh) 25% to 35% Upfront (one-time)
Health Insurance (Port/Renewal) 12% to 20% Upfront
Life Insurance — Term 35% to 54% Upfront (one-time)
Life Insurance — Savings 35% to 50% Upfront
Life Insurance — ULIP 2% to 10% Upfront

Health Insurance

Insurer Partners & Fresh Business Rates

Insurer Key Products Up to ₹50K ₹50K–1.5L ≥₹1.5L
Niva Bupa Sarvah, Lifetime Health, Super Top Up 27% 28% 30%
Niva Bupa PA Accident Shield Pro 27% 27% 27%
Niva Bupa ReAssure, Aspire, Senior First 24% 25% 26%
Care Health Supreme, Advantage, Freedom, Ultimate, Elevate 24% 25% 26%
Manipal Cigna Various 24% 25% 26%
ICICI Lombard Various 24% 25% 26%
HDFC Ergo Optima Secure (Preferred Location) 22% 23% 25%
HDFC Ergo Optima Secure (Non-Preferred, SI≥10L) 17% 18% 19%

Porting & Renewal Rates

Type Rate
Porting 7–14% (varies by insurer)
Renewal (Age ≤60) 6–7%
Renewal (Age >60) 6%

HDFC Ergo Special Notes

  • Separate rates for Preferred and Non-Preferred locations
  • Separate rates for Individual vs Floater/Multi-Individual
  • Optima Restore rates apply for Renewals only
  • Non-Preferred locations: Delhi/Haryana/NCR, Nasik/Thane, Agra/Mathura/Aligarh, Ahmedabad/Surat/Vadodara, Amritsar/Mansa/Tarn Taran, Bareilly, Jalgaon, Pune/Raigarh/Dhule, Ahmednagar/Beed

Life Insurance — Term Plans

Insurer Product Up to ₹3L ₹3–5L ₹5–8L ≥₹8L
Bajaj Allianz E-Touch II (Non-ROP) 48% 50% 52% 54%
ICICI Prudential iProtect Smart (≥7 PPT) 44% 46% 48% 50%
HDFC Life C2PS (≥10 PPT) 44% 46% 48% 50%
Bajaj Allianz Diabetic Term 41% 42% 43% 45%
Tata AIA SRP (≥12 PPT) 40% 41% 42% 44%
Max Life STPP (Limited Pay) 35% 38% 40% 44%

Life Insurance — Savings / Traditional Plans

Insurer Product Up to ₹3L ₹3–5L ₹5–8L ≥₹8L
Max Life SWAG (≥10 PPT) 44% 46% 48% 50%
Bajaj Allianz Goal Suraksha (≥10, PT20) 39% 41% 43% 47%
HDFC Life Sanchay Plus (>7 PPT) 38% 40% 42% 46%
HDFC Life Sanchay Par Advantage 38% 40% 42% 46%
ICICI Prudential GIFT Select (≥7 PPT) 36% 38% 40% 44%
Tata AIA FG Secure (Def. Income, 12yr) 35% 36% 37% 39%

Payout Terms

  • 2 payout cycles: 15th and end of month
  • Base payouts post free-look period completion
  • Higher slab bonuses in P2 cycle
  • All payouts on premium excluding GST
  • Multi-year policies: 1st year at fresh rate, subsequent years at renewal rate

Active Contests (Feb 2026)

  • Annual Insurance Booster — GOA trip
  • Annual Insurance Booster — BALI trip
  • Multiple ongoing monthly contests (details available in full rate sheet PDF)
  • Contest weightage for Annual Insurance Booster applies only on 1st year premium

Why Sell Insurance?

Insurance provides immediate upfront income while MF trail builds over time. Average partner income split:

Product Monthly Income
Mutual Funds ₹38,000
Insurance ₹23,000
Other Products ₹15,000
Total ₹76,000

Partners who cross-sell earn 2x more than MF-only partners.