Commission Rebate


We will credit the commission rebate directly back to your bank account.


If you pay on a single or annual premium basis, the commission rebate will be paid to you about 3-4 months after your policy has been incepted by the insurance company.

If you pay on a monthly, quarterly, or half-yearly premium basis, you will receive the commission rebates in November, for the months which your policy had been in force from October of the previous year to September in the current year.

For a policy incepted in October 2021, 12 months of commission rebate (Oct 2021 – Sep 2022) will be paid out in November 2022.

For a policy incepted in February 2022, 8 months of commission rebate (Feb 2022 – Sep 2022) will be paid out in November 2022. The rebates for the remaining 4 months (Oct 2022 – Jan 2023) will be paid in November 2023.


When you purchase a policy that is eligible for commission rebate through MoneyOwl, we rebate 30% of the first-year basic commissions we receive from the insurer of your policy back to you, after deducting an admin charge (S$27). We retain the remainder of the commission as our service fee.


All policies, including those with ongoing promotions bought through us, may be eligible for commission rebates, except the following:

  • Private Integrated Shield plans
  • Local Hospitalization plans
  • CareShield Life/ElderShield Supplements
  • Plans using CPF monies
  • Personal Accident Plans

However, do note that all commission rebates are subject to the relevant insurer’s terms and conditions. In addition, in the unlikely event that you terminate your policy prematurely, up to the full amount of the commission may be clawed back from you to return to the insurer.