Override

{
  "id": "MLC-T-INS-002463",
  "term": "Override",
  "field": "Insurance and risk management",
  "definition": "An additional commission paid to a general agent, manager, or supervisor on the business produced by the agents working under them. This compensation structure incentivizes the development and management of a productive sales force. The override is typically a percentage of the premiums generated by the subordinate agents' sales.",
  "url": "https://mlchart.com/terminology/insurance/override/"
}