CLHIA Member Centre

Login | Register

Compensation Structures: Managing Conflicts of Interest


Release Date: 12/21/2007
Staff Reference: Erica M Hiemstra

Guideline G13

This Guideline supports the broader objective of managing conflicts of interest that could arise due to sales-related compensation. “Sales-related compensation” refers to remuneration paid by an insurer, directly or indirectly, of either a monetary or non-monetary nature, with respect to the placement and/or ongoing servicing of a contract of insurance.