• How auto-deducted unearned commission works

• Frequently Asked Questions

Auto-deductions for unearned commissions allowed your company to proactively collect unearned commission that is outstanding from agency accounts.

The deductions will be taken from a commission payouts WHEN:

• There is an outstanding unearned commission balance that is currently unpaid by the agency account
  
  AND

• The commission payout is greater than the outstanding amount on a single policy (NOT the total outstanding amount at an agency account level).

When an auto-deduction occurs, the agency account users will receive both a commission remittance report AND a deductions report noting all details of payouts and deductions.

NOTE: This feature is ON by default but can be turned off by request. Please contact support@useascend.com to submit this request.

When an auto-deduction occurs, the agency account users will receive both a commission remittance report AND a deductions report noting all details of payouts and deductions.

As long as it is approved by the wholesaler team, this can be turned off by request. Please contact support@useascend.com to submit this request.