Compliance
Statement of Fees 2022
The company is remunerated by commission on most non-life insurances from the Insurers with whom we place business. A summary of all arrangements for any fee, commission or remuneration paid or provided to us which we have agreed with product providers is available in our office or on our website.
| Personal Insurance | Commercial Insurance | |
|---|---|---|
| New Business and Renewal | Standard Charge €30 up to maximum of 100 % of premium whichever is higher | Standard Charge €30 up to maximum of 100 % of premium whichever is higher |
| Alteration | Standard Charge €30 up to maximum of 100 % of premium whichever is higher | Standard Charge €30 up to maximum of 100 % of premium whichever is higher |
| Duplication of Documents | €25 | €25 |
| Facilitating Premium Finance Arrangements | 4.5% of the total premium being financed and/or up €100 Broker Fee may apply. | 4.5% of the total premium being financed and/or up €100 Broker Fee may apply. |
| Administration of returned cheques/direct debit defaults | €25 | €25 |
| Fees for Advisory Service | Support Staff €100.00 per hour Senior Advisor Commercial Lines €200.00 per hour Director – Commercial Lines€300.00 per hour Senior Advisor Life Pension Investments €200.00 per hour | Support Staff €100.00 per hour Senior Advisor Commercial Lines €200.00 per hour Director – Commercial Lines€300.00 per hour Senior Advisor Life Pension Investments €200.00 per hour |
| Claims | In excess of €100,000 at final settlement may be subject to a charge for claims handling of 5% (calculated based on the final settlement amount) | In excess of €100,000 at final settlement may be subject to a charge for claims handling of 5% (calculated based on the final settlement amount) |
In all cases, where a charge is being applied, you will be notified.
Where agreed, a premium rebate may be used to offset other premiums outstanding at the time the rebate becomes due.
A fee may be charged where insurance advice is provided, and no insurer premium applies.