When do I get paid/What is the pay-out process?
Referral fees are paid out on a monthly basis. The cutoff period covers the first day up to the last day of each month.
Payouts are processed during the following month and credited to your nominated bank account within the last week of that month, as long as your profile is verified and the referrals are valid and successful.
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How much can I earn from outbound sales?
All outbound sales receive a flat 6% referral rate across all categories EXCEPT Life Insurance. For Life Insurance sales (Traditional and VUL), you will get 8% referral rate.
What are outbound sales?
Outbound Sales are transactions that did not undergo the usual checkout process on the platform. These usually happen with products not available on the website and need manual quotation.
How much can I earn from the Affiliate Program?
As a KwikCare affiliate, you can earn referral fees for every successful subscription made through your unique affiliate referral code or link. For the first year, you’ll receive 6% of the base premium (excluding VAT and applicable withholding taxes) ...
Is my referral fee subject to taxes?
Yes, the referral fee will be subject to 10% withholding taxes based on the gross amount. Sample: Gross Referral Fee Php 500 10% Withholding Taxes 50 Net Pay-out 450 Note: For an affiliate to be ...
Is there a requirement before receiving a payout?
There would be a minimum earning threshold of Php 500 pesos in order to qualify for a payout. Referral fees are as follows: 10% for Vehicle Comprehensive Insurance, 6% for Life, Accident, Health Insurance, and Teleconsultation Services, and 3% ...