Dooley Insurances Ltd act as intermediary (Broker) between the consumer, and the product provider with whom we place your business. We are usually remunerated by way of commission and other payments from product producers on the completion of business. Our clients may choose to pay in full for our services as specified below by means of a fee. Where we receive recurring commission, this forms part of the remuneration for initial advice provided. We reserve the right to charge additional fees if the number of hours relating to on-going advice/assistance exceeds 1 hour.
Pursuant to provision 4.58A of the Central Bank of Ireland's September 2019 Addendum to the Consumer Protection Code, all intermediaries, must make available in their public offices, or on their website if they have one, a summary of the details of all arrangements for any fee, commission, other reward or remuneration provided to the intermediary which it has agreed with its product producers.
Remuneration is the payment earned by the intermediary for work undertaken on behalf of both the provider and the consumer. The amount of remuneration is generally directly related to the value of the products sold.
For the purpose of this document, commission is the payment earned by the intermediary for work undertaken on behalf of both the provider and the consumer. The amount of commission is generally directly related to the quantity or value of the products sold.
We are remunerated by commission and other payments from product producers. When assessing products, we will consider the different approach taken by product providers in terms of them integrating sustainability risks into their product offering. This will form part of our analysis for choosing a product provider.
Our Brokerage commission options are displayed as a range, showing the maximum amount which can be received. The level of commission depends on individual circumstances, based on the following factors:
The factors that may impact a variation in charges include;
There are different types of commission models:
Single commission model: | where payment is made to the intermediary shortly after the sale is completed and is based on a percentage of the premium paid/amount invested/amount borrowed. |
Trail/Renewal commission model: | Further payments at intervals are paid throughout the life span of the product. |
Indemnity commission | Indemnity commission is the term used to describe a commission payment made before the commission is deemed to be 'earned'. Indemnity commission may be subject to a clawback (see below) if the consumer lapses or cancels the product before the commission is deemed to be earned. |
Other forms of indemnity commission are advances of commission for future sales granted to intermediaries in order to assist with set up costs or business development.
General insurance products, such as motor, home, travel, health, retail or liability insurance, are typically subject to a single or standard commission model, based on the amount of premium charged for the insurance product.
In some cases, we may be a party to a partnership arrangement with a product provider and will earn additional commission. Any business arranged with these product providers on a client’s behalf will be placed with the product provider because that product provider is at the time of placement, the most suitable to meet the client’s requirements, taking all the client’s relevant information, demands and needs into account.
For Life Assurance products commission is divided into initial commission and renewal commission (related to premium), fund based or trail relating to accumulated fund.
Trail commission, bullet commission, fund based, flat commission or renewal commission are all terms used for ongoing payments. Where an investment fund is being built up though an insurance-based investment product or a pension product, the increments may be based on a percentage of the value of the fund or the annual premium. For a single premium/lump sum product, the increment is generally based on the value of the fund.
Life Assurance products fall into either individual or group protection policies and Investment/Pension products would be either single or regular contribution policies. Examples of products include Life Protection, Regular Premium Life Assurance Investments, Single Premium (lump sum) Insurance-based Investments, and Single Premium Pensions.
Investment firms, which fall within the scope of the European Communities (Markets in Financial Instruments) Regulations 2007 (the MiFID Regulations), offer both standard commission and commission models involving initial and trail commission. Increments may be based on a percentage of the investment management fees, or on the value of the fund.
Commission may be earned by intermediaries for arranging credit for consumers, such as mortgages. The single, or standard, commission model is the most common commission model applied to the sale of mortgage products by mortgage credit intermediaries (Mortgage Broker).
Clawback is an obligation on the intermediary to repay unearned commission. Commission can be paid directly after a contract is concluded but is not deemed to be ‘earned’ until after a specified period of time. If the consumer cancels or withdraws from the financial product within the specified time, the intermediary must return commission to the product producer.
In certain circumstances, it will be necessary to charge a fee for services provided. These are listed in on our Terms of Business and our life, non-life business procedures manuals. In other circumstances where fees are chargeable or where the client chooses to pay in full for our service by fee, we will notify the client in writing in advance and agree the scale of fees to be charged if different from fees outlined in our schedule of fees on our website.
If we receive commission from a product provider, this may be offset against the fee which we will charge the client. Where the commission is greater than the fee due, the commission will become the amount payable to the firm unless an arrangement to the contrary is made.
The enclosed commission guidance section gives indicative values across every product provider and every product advised whereby a commission or fee is received within our business. This is the maximum our Brokerage will take and is subject to change, in certain cases our Brokerage may take a different remuneration than the enclosed percentages/amounts. This will be disclosed to each client as per the Central Bank Consumer Protection Code regulations, on a client by client basis.
The firm may also be in receipt of non-monetary benefits such as:
Further detail on the providers we work with, the products we sell and the maximum commissions available to us are outlined below.
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Travel | 25% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Trailer | 25% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
PA/Travel | 20% |
Travel | 25% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
PI | 17.5% |
PI Rapidcover | 25% |
Professional Indemnity | 15% |
Professional Indemnity | 5% |
Professional Indemnity | 15% |
Professional Indemnity | 10% |
Professional Indemnity | 18% |
Trailer | 25% |
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Car Hire Excess | 25% |
Classic Car Scheme | 10% |
Classic Car Scheme | 8% |
Limited Mileage | 10% |
MG Owners Scheme | 8% |
Morris Minor | 10% |
Motor Cycle | 10% |
Multi Vehicle | 6% |
Multi Vehicle | 8% |
Private Car | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Personal Accident | 20% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Cyber Liability | 20% |
D&O, Crime, PTL, EPL, Entity | 17.5% |
D&O, Crime, PTL, EPL, Entity Rapidcover (Bus Guard) | 20% |
Directors and Officers | 20% |
EL | 6% |
Employers Liability | 6% |
Environmental Liability | 18% |
Excess Liability | 10% |
PL | 10% |
PL Rapidcover | 20% |
Products Liability | 10% |
Property Owners Liability | 9.5% |
Public Liability | 10% |
Sports Liability | 12% |
Transit Liability | 12% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Claim | 15% |
Fire Schedule | 12% |
Fire/Perils | 12% |
Household | 25% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Agricultural Vehicle | 5% |
Annual | 25% |
Apartments | 20% |
Com Comb Rapidcover | 20% |
Commercial Combined | 25% |
Commercial Package | 20% |
Commercial Vehicle | 6% |
Commercial Vehicle | 10% |
Computer | 15% |
Contractors Works | 15% |
Crime | 17.5% |
Crisis Management | 25% |
Cyber | 20% |
Cyber Rapidcover | 25% |
Directors and Officers | 15% |
Driving Instruction | 10% |
Driving Instruction | 8% |
Driving Testers | 10% |
Engineering Insurance Inspection | 15% |
Excess | 10% |
Excess Rapidcover | 25% |
Fleet Insurance | 5% |
Glass | 15% |
Goods in Transit | 18% |
Horses | 15% |
Instructor Vehicle | 10% |
Livestock | 15% |
Loss of Profits | 12% |
Marine | 20% |
Money | 15% |
Motor Contingency | 15% |
Motor Traders | 5% |
Multi Risk | 5% |
Office | 20% |
Office Combined | 20% |
Office Rapidcover | 20% |
Prop Own Rapidcover | 20% |
Property | 15% |
Property Damage | 10% |
Property Owners | 20% |
Shop | 15% |
Shop Combined | 20% |
Shopkeepers | 15% |
Shops Rapidcover | 20% |
Terrorism | 15% |
Theft | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Professional Indemnity | 10% |
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Personal Lines | 20% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Marine | 20% |
Other | 15% |
Surety Bonds | 20% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Liability & Excess Liability | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Household | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Comm package | 14.5% |
Commercial combined | 20% |
Motor (Incl Fleet/Trade etc.) | 20% |
PL/Malpractice | 9.5% |
Property Owners | 20% |
Tour Operators | 20% |
Unoccupied Properties | 20% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Travel | 25% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission € | Commission % |
---|---|---|
PFP Professional Indemnity | €19 | 20% |
Professional Indemnity | - | 15% |
SPI Professional Indemnity | - | 15% |
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Motor Contingency | 15% |
Motor Contingency | 15% |
Multi Vehicle | 5% |
OGR Motor - Own Goods | 5% |
PCR RoI Broker Motor Product | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Sports Policy Combined | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
CGL Cargo Liability | 19% |
Cargo Liability | 18.775% |
Employers Liability | 6% |
Hull Damage/ Liability | 15% |
LIA Combined Liability | 10% |
LIA Combined Liability - EL | 6% |
LIA Combined Liability - PL | 10% |
LIN Combined Liability NI - EL | 6% |
LIN Combined Liability NI - PL | 10% |
Products Liability | 10% |
Public Liability | 10% |
RPL Public Liability MML | 5% |
RPL Public Liability | 10% |
SPL Social Public Liability | 15% |
Sports Liability | 12% |
Transit Liability | 18% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Accidental Damage | 10% |
Fire Only | 15% |
Fire Schedule | 12% |
Fire/Perils | 15% |
Glass | 15% |
HHR Combined House Insurance | 20% |
HPR Personal lines household | 15% |
HYR Holiday Home ROI | 15% |
IHR Broker Household | 15% |
Theft | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Agricultural Vehicle | 0.5% |
All Risks | 15% |
Apartment Block | 17.5% |
Apartment Blocks | 17.5% |
Auctioneers Bond | 15% |
Aviation | 10% |
BMR Business - Commercial Motor | 5% |
Bond | 7.5% |
Bond | 10% |
Broker Household | 15% |
Business Interruption | 15% |
Business Interuption | 15% |
CBR Combined Property | 15% |
CGD Cargo Goods | 19% |
CMP Computer | 15% |
CPR Commercial Construction | 6% |
Caravan | 15% |
Cargo Goods | 18.775% |
Combined Risks | 15% |
Combined Traders | 15% |
Commercial Combined | 15% |
Commercial Fire | 15% |
Commercial Package | 15% |
Commercial Vehicle | 5% |
Computer | 15% |
Contract Guarantee Bond | 7.5% |
Contractors All Risks | 15% |
Contractors Works | 15% |
Credit and Guarantee | 10% |
ENG Engineering | 15% |
Engineering Business Interuption | 15% |
Engineering Insurance Inspection | 15% |
Fleet Insurance | 5% |
Goods in Transit | 19% |
HPY Hospitality | 15% |
HPY Hospitality | 15% |
HPY Pleasure Craft | 16% |
HYT Hull Marine | 18% |
Hackney | 10% |
Hackney - Limousine | 10% |
Horses | 15% |
Hull Insurance | 10% |
Internal Risks | 10% |
Internal Risks | 15% |
Internal Risks | 15% |
LPR Landlord House Insurance | 15% |
Livestock | 15% |
Loss of Profits | 12% |
MFR Motor - Fleet | 5% |
MTC Motor Traders Combined | 15% |
MTC Road Risk Only | 10% |
MTR Motor - Road Risks | 5% |
Marine: Small Craft | 15% |
Money | 15% |
Motor Special Types | 5% |
Motor Trader Combined 5% | 10% |
Motor Traders Combined BI | 15% |
Motor Traders Combined CMF | 15% |
Motor Traders Combined CMV | 7.5% |
Motor Traders Combined EL | 15% |
Motor Traders Combined GAP | 15% |
Motor Traders Combined PL | 15% |
Motor Traders Combined PRL | 15% |
Moyot Own Goods | 7.5% |
OFM Office | 15% |
Office | 15% |
POP Property Owner | 15% |
PRP Combined Property | 15% |
Pleasure Craft | 15% |
Property Damage | 10% |
Property Owners | 15% |
RCR Combined Risks - BI | 15% |
RCR Combined Risks - BU | 15% |
RCR Combined Risks - CL | 15% |
RCR Combined Risks - EL | 15% |
RCR Combined Risks - FG | 15% |
RCR Combined Risks - FR | 15% |
RCR Combined Risks - GAP | 15% |
RCR Combined Risks - GAR | 15% |
RCR Combined Risks - MML | 15% |
RCR Combined Risks - PA | 15% |
RCR Combined Risks - PL | 15% |
REN Engineering | 15% |
RPM Hospital Malpractice Insurance | 10% |
RTM Retail | 15% |
Religious Protection | 10% |
Rented Property | 15% |
Retail | 15% |
SBR - Social Mini-Bus ROI | 5% |
SCR Combined Risk | 15% |
SFR Motor - Small Fleet | 5% |
SHC Shop | 15% |
SME - Business Policy | 15% |
SMP - Property Owners | 15% |
STR - Motor - Special Types | 15% |
Shop | 15% |
Shopkeepers | 15% |
Social Agricultural Vehicle | 5% |
Special Types | 5% |
TXM Taxi/ Hackney | 10% |
Taxi | 10% |
Trailer | 25% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Professional Indemnity | 25% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Cyber Insurance | 25% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Directors and Officers | 25% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Professional Indemnity Insurance Dual | 15% |
Professional Indemnity Insurance Hiscox | 10% |
Professional Indemnity Insurance Irish Public Bodies Mutual | 8% |
Professional Indemnity Insurance Liberty | 10% |
Professional Indemnity Insurance XL Insurance | 10% |
Professional Indemnity Insurance XL Insurance | 10% |
Professional Indemnity Insurance Zurich | 10% |
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Private Car (Personal Lines) Chubb | 5% |
Private Motor Insurance Chubb | 5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Personal Accident & Illness AIG | 10% |
Personal Accident Insurance Chubb | 20% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Aviation | 10% |
Marine | 12.5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Combined Liability | 11% |
Combined Liability Berkshire Hathaway | 10% |
Combined Liability Zurich | 10% |
Directors & Officers Liability - Golf Travelers Insurance | 10% |
Directors and Officers Liability Travelers Insurance | 10% |
Employers Liability Irish Public Bodies Mutual | 8% |
Excess Liability Liberty | 10% |
Professional Indemnity Insurance Chubb | 10% |
Property Owners Liability | 15% |
Public Liability Irish Public Bodies Mutual | 8% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Household | 10% |
Household Insurance Azur Underwriting | 12% |
Household Insurance Chubb | 12% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Aon Toal Planthire Scheme - Commercial Package Travelers Insurance | 5% |
Combined Directors & Officers and Employment Practices Liability Travelers Insurance | 12% |
Combined Liability Allied World | 10% |
Combined Liability Aon UK | 8% |
Combined Liability RSA | 15% |
Combined Traders | 8% |
Commercial Combined | 10% |
Commercial Combined Package Axa | 10% |
Commercial Combined Package Barbican | 10% |
Commercial Combined Package Chubb | 10% |
Commercial Combined Package Ecclesiastical Insurance Office plc | 12.5% |
Commercial Combined Package Hiscox | 10% |
Commercial Combined Package Irish Public Bodies Mutual | 7.5% |
Commercial Combined Package Liberty | 10% |
Commercial Combined Package Travelers Insurance | 8% |
Commercial Combined Package XL Insurance | 10% |
Commercial Combined Package Zurich | 13% |
Commercial Package - NHI Liberty | 10% |
Commercial Package AIG | 10% |
Commercial Package Aon UK | 15% |
Commercial Package Chubb | 10% |
Commercial Package Zurich | 4.5% |
Commercial Property Policy Berkshire Hathaway | 10% |
Commercial Vehicle Liberty | 5% |
Commercial Vehicle Zurich | - |
Computer All Risks RSA | 7.5% |
Computer All Risks Zurich | 7.5% |
Construction Liability Insurance Liberty | 10% |
Construction Liability Insurance XL Insurance | 10% |
Contractors All Risks Insurance (AW) Northern Marine | 10% |
Contractors All Risks Insurance Liberty | 10% |
Contractors All Risks Northern Marine | 10% |
Cyber Liability Insurance Hiscox | 10% |
Cyber with Beazley | 20% |
Directors & Officers Liability Chubb | 25% |
Directors & Officers Liability Hiscox | - |
Directors & Officers Liability Liberty | 10% |
Directors and Officers Liability Liberty | 10% |
Engineering Aviva | 7.5% |
Engineering RSA | 10% |
Environmental Impairment Liability (EIL) AIG | 7.5% |
Event Insurance Hiscox | 10% |
Excess Liability | 10% |
Excess Liability Insurance Chubb | 10% |
Excess Public/Products Liability Allied World | 12% |
Fine Art Insurance Axa | 5% |
Fine Art Insurance Hiscox | - |
Golf Buggy Insurance Travelers Insurance | - |
Golfers Combined Package Travelers Insurance | 10% |
Group Travel AIG | 13% |
Household Insurance | 12% |
ICMA : Motor Fleet Insurance Zurich | - |
ICMA : Private Motor Insurance Zurich | - |
Machinery Movement RSA | 10% |
Marine Insurance (AW) Northern Marine | 10% |
Marine Insurance RSA | 12.5% |
Medical Malpractise Hiscox | 10% |
Motor Fleet Insurance Liberty | 5% |
Motor Fleet Insurance Travelers Insurance | 5% |
Motor Fleet Zurich | - |
Motor Trade Road Risks Travelers Insurance | 7% |
Motor Trade Road Risks Zurich | - |
Multi Risk | 7.5% |
One-Plan Package Chubb | 10% |
Personal Accident Insurance | 10% |
Private Car (Commercial) Zurich | - |
Property Owners | 15% |
Property Owners Liability Liberty | 12.5% |
Property/Business Interruption Liberty | 10% |
Public/Products Liability The Underwriting Exchange | 6.75% |
Real Estate Property & Property Owners Liability Pkg | 10% |
Rugby Clubs : Commercial Combined Package Aviva | 15% |
Stud & Stable Insurance Package Aviva | 8% |
Tennis Commercial Combined Package Ecclesiastical Insurance Office plc | 12.5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Professional Indemnity | 12.5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Combined Liability | 10% |
Construction Liability | 10% |
Engineering | 12% |
Liability - RSA, HDI, Allianz | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Cleaning Contractor | 12% |
Combined Traders | 15% |
Contractors All Risks | 13% |
House - Holiday Home - KHB, KHH OR HM | 10% |
House - Holiday Home HSH | 15% |
House - Holiday Home HSH | 15% |
House - Rental Let | 15% |
Liability HISCOX | 13% |
Oil Distributors | 8% |
Petrol Stations | 7.5% |
Property Owners | 15% |
Recruitment Consultants | 12.5% |
Schools | 10% |
Security Contractors | 12.5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Travel | 20% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Professional Indemnity | 18% |
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Motor ARB Ideal | 8% |
Private Car | 10% |
Road risk | 10% |
vehicle | 5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Personal Accident | 20% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
JRP MD/BI only policies | 15% |
JRP POL | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Excess Liability | 20% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
AIG apartment blocks | 12.5% |
Commercial Combined | 15% |
Commercial Vehicle | 7.5% |
Hackney | 5% |
Motor Trade | 10% |
Motor Trade - ARB Motor Trade (COB 150) | 8% |
Motor Trade - ARB Motor Trade (COB 160) | 5% |
Motor Trade - Commercial Property Motor Trade Internal) | 10% |
Motor Trade - Commercial Property SS MTIR | 10% |
Property Owners | 10% |
Shopkeepers | 15% |
Surestone MTIR policies | 10% |
Taxi | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Fleet Insurance | 5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Combined Liability | 10% |
Public Liability | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Aviation | 15% |
Aviation | 15% |
Commercial Combined | 12.5% |
Property Damage | 12.5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Professional Indemnity | 15% |
Professional Indemnity | 15% |
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Caravan | 15% |
Motor Contingency | 15% |
Motor Cycle | 5% |
Multi Vehicle | 5% |
Private Car | 7.5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Personal Accident | 20% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Defective Title | 10% |
Lost Share Indemnity | 10% |
Lost Title Deeds | 10% |
Title / Administration Bond | 20% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Combined Liability | 9% |
Combined Liability | 10% |
Employers Liability | 6% |
Products Liability | 10% |
Public Liability | 10% |
Sports Liability | 12% |
Transit Liability | 12% |
Transit Liability | 18% |
Warehouse Liability | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Holiday Homes | 20% |
Household | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Admin Bond | 20% |
Agricultural Vehicle | 5% |
All Risks | 10% |
All Risks | 15% |
Bakery Motor Scheme | 5% |
Bond | 10% |
Claims Management | 10% |
Commercial Combined | 15% |
Commercial Vehicle | 10% |
Computer | 15% |
Contractors Works | 15% |
ENG INS - JC | 15% |
ENG INS - JF | 15% |
ENG INS - JM | 15% |
ENG INS - JP | 15% |
Engineering | 20% |
Engineering Business Interuption | 15% |
Engineering Insurance Inspection | 15% |
Farmers Combined | 15% |
Fidelity Guarantee | 15% |
Fire Schedule | 12% |
Fire/Perils | 15% |
Fleet Insurance | 5% |
Glass | 15% |
Goods in Transit | 18% |
Horses | 15% |
I.D.A. Motor Scheme | 5% |
Internal Risks | 10% |
Livestock | 15% |
Loss of Licence | 10% |
Loss of Profits | 12% |
MARINE | 15% |
Marine | 18% |
Marine: Small Craft | 15% |
Milk Agents Motor | 5% |
Money | 15% |
Motor Traders | 5% |
Multi Risk | 5% |
Office Combined | 15% |
PACKAGES - AO | 16% |
PACKAGES - AS | 16% |
PACKAGES - US | 15% |
Property Damage | 10% |
Property Owners | 10% |
Property Owners Liability | 20% |
R.I.A.I. Motor Scheme | 5% |
R.I.A.I. Motor Scheme | 5% |
Salon Insurance | 20% |
Self Build | 15% |
Shop | 15% |
Shopkeepers | 15% |
Special Types | 5% |
Surgery Insurance | 15% |
Theft | 15% |
Traders Combined | 15% |
A Term Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Term Protection | 150% | 22% | 24 |
Product | Initial % | Recurring % |
---|---|---|
Single Premium PRSA | 4% | 0.5% |
A Specified Illness Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Specified | 150% | 22% | 24 |
The Savings contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to ' clawback ' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Savings | 15% | 1% | 48 |
A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Regular Premium PRSA | 22.5% | 0.5% | 48 |
The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % |
---|---|---|
PRB | 5.25% | 1% |
A Mortgage Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Mortgage Protection | 150% | 22% | 24 |
An Income Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Income Protection | 200% | 30% | 48 |
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % |
---|---|---|
Investments | 5.25% | 1% |
A Defined Contribution Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Regular Premium pension | 20% | 1% | 48 |
Single premium pension | 5.25% | 1% | - |
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % |
---|---|---|
ARF | 5.25% | 1% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Travel | 25% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Professional Indemnity | 15% |
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Car | 10% |
Caravan | 15% |
Morris Minor | 5% |
Motor | 10% |
Motor Contingency | 15% |
Multi Vehicle | 5% |
Private Car | 10% |
Van | 5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Computer | 15% |
Contractors Works | 15% |
Engineering Business Interuption | 15% |
Engineering Insurance Inspection | 15% |
Fire Schedule | 12% |
Goods in Transit | 18% |
Horses | 15% |
Livestock | 15% |
Loss of Profits | 12% |
Money | 15% |
Professional Photographer | 20% |
Special Types | 5% |
Taxi | 15% |
Theft | 15% |
Trailer | 25% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Employers Liability | 6% |
Liability | 15% |
Liability | 15% |
Products Liability | 10% |
Public Liability | 10% |
Sports Liability | 12% |
Transit Liability | 12% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Holiday Home | 20% |
House | 20% |
Household | 25% |
Household | 20% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Apartment Block Insurance | 10% |
Commercial Combined | 20% |
Commercial Package | 20% |
Commercial Vehicle | 5% |
Commercial Vehicle | 8% |
Farm | 17.5% |
Fire/Perils | 12% |
Fleet Insurance | 10% |
Glass | 15% |
Guest House | 10% |
Hackney | 15% |
Hackney | 5% |
I.D.A. Motor Scheme | 8% |
Motor Traders | 5% |
Multi Risk | 5% |
Office Combined | 15% |
Property Damage | 10% |
Property Owners | 10% |
R.I.A.I. Motor Scheme | 8% |
Rental Property | 20% |
Rental Property | 15% |
Shop/Office/Surgery | 20% |
Shopkeepers | 15% |
Shopkeepers | 20% |
Tractor/Agri | 5% |
Tradesmen and Professionals | 15% |
Tradesmen and Professionals | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product |
---|
Affinity Scheme Business |
Commerial Business |
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % |
---|---|
Investments | 2.5% |
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial € | Recurring Commission % |
---|---|---|
ARF | No | 0.75% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Professional Indemnity | 20% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Holiday Home | 15% |
Household | 15% |
Household | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Health Insurance | 6% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Commercial Combined | 20% |
Commercial Package | 20% |
Office/Shop | 15% |
Property Owners | 20% |
Traders Combined | 15% |
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Recurring Commission % |
---|---|
Investments | 1% |
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % |
---|---|---|
Investments | 3% | 0.5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Travel | 15% |
Travel - Unions | 10% |
Travel - White Label | 20% |
Travel - Wholesale | 30% |
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Car Hire Excess | 20% |
Motor Breakdown | 20% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Gadget | 15% |
Pet Insurance | 15% |
Wedding Insurance | 20% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Personal Accident | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Expenses | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Business Protect (Retail, Office, Hospitality & Manufacturing) | 15% |
Business protect | 15% |
Commercial Combined | 10% |
Eventinsure | 10% |
Eventinsure Product | 10% |
Legal Expenses | 10% |
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % |
---|---|
Investments | 3% |
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % |
---|---|
Investments | 3% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
PI - Profesional Indemnity | 17.5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
All Other Lines | 20% |
Marine K&R | 35% |
Terrorism | 25% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Cyber Liability | 19% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Commercial Combined | 18% |
Directors & Officers | 19% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Combined Liability | 10% |
Employers Liability | 7.5% |
Public Liability | 12.5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
All types | 10% |
Property Damage | 12.5% |
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product |
---|
Investments |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Goods in Transit | 19% |
Marine Cargo | 20% |
Trailers | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Carriers Liability | 19% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
HORSE INSURANCE | 6.5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Apartment Landlord | 15% |
Apartment Owner Occupied | 15% |
HOUSEHOLD | 15% |
Homeshield Rental | 15% |
Kidd Endeavour | 15% |
Kidd High Net Worth | 15% |
Kidd Holiday Home | 10% |
Kidd Homeworker | 15% |
Kidd Mobile Home Fixed Site | 10% |
Kidd Non-standard Construction | 10% |
Kidd Touring Caravan | 10% |
Kidd Unoccupied | 10% |
Kiddsure Select | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Commercial Motor | 6% |
Light Commercial Vehicle | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Household | 23% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission € | Commission % |
---|---|---|
Commercial Legal Expenses | €24.59 | 25% |
EL Policy | - | 6% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Combined liability | 8.5% |
Professional Indemnity | 10% |
Property Owners Liability | 8.5% |
Public Liability | 8.5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Amethyst | 10% |
Dolmen SI (Sums Insured) Home | 15% |
Dolmen SI (Sums Insured) Residential | 15% |
Flex | 10% |
Holiday Home | 15% |
Household | 15% |
Premier | 10% |
Unoccupied (via Relay & Direct) | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Camper Van | 10% |
Commercial Combined | 8.5% |
Contractors All Risks | 12.5% |
Directors & Officers | 20% |
Event Insurance | 10% |
Homeworks | 12.5% |
Land Liability | 15% |
Property Owners | 15% |
Property Works | 12.5% |
Rental Property | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Care Homes | 20% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Nursing Property | 20% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Nursing Liability | 20% |
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Motor | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Household | 20% |
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Private Car | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Combined Liability | 20% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Home | 19.7% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Travel | 25% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Professional Indemnity | 15% |
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Caravan | 15% |
Motor Contingency | 15% |
Private Car | 5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Additional Expenses | 5% |
Agricultural Vehicle | 15% |
Computer | 15% |
Contractors Works | 15% |
Fire Schedule | 12% |
Goods in Transit | 18% |
Horses | 15% |
Livestock | 15% |
Loss of Profits | 12% |
Money | 15% |
Theft | 15% |
Trailer | 25% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Employers Liability | 6% |
Products Liability | 10% |
Sports Liability | 12% |
Transit Liability | 12% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Household | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Apartment Block Insurance | 10% |
Charity, Faith and Community Insurance (CHA) | 15% |
Combined Liability | 15% |
Commercial Combined | 15% |
Commercial Combined (ICS) | 15% |
Commercial Package (IIP) | 15% |
Directors & Officers | 15% |
Education (ISS) | 15% |
Engineering, Cyber (CEN) | 15% |
Fire/Perils | 12% |
Fire/Perils | 15% |
Glass | 15% |
Heritage (IHG) | 15% |
Holiday Home | 15% |
Legal Expenses | 15% |
Miscellaneous | 15% |
Multi Risk | 5% |
Office Combined | 15% |
Property Damage | 10% |
Property Owners | 15% |
Property Owners (IPO) | 15% |
Shop | 15% |
Shopkeepers | 15% |
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Motor Contingency | 5% |
Multi Vehicle | 5% |
Private Mtr | 5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Computer | 20% |
Computer | 15% |
Engineering Insurance Inspection | 15% |
Goods in Transit | 15% |
Marine | 15% |
Marine | 15% |
Special Types | 6.5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Combined Liability | 9% |
Employers Liab Only | 6% |
Employers Liability | 6% |
Employers and Public Liability | 10% |
Public Liab & Employers Liab | 10% |
Public Liab Only | 10% |
Public Liability | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Holiday Home | 15% |
Home | 15% |
Household | 20% |
Property | 20% |
Property | 20% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
All Other | 15% |
All Others Guesthouse Fire /Theft Accidental Damage | 15% |
Comm Combined | 20% |
Comm Mtr | 5% |
Commercial Combined | 15% |
Commercial Combined | 20% |
Commercial Combined | 20% |
Commercial Motor | 5% |
Commercial Package | 20% |
Farmers Combined | 15% |
Farming and Growing Trees | 20% |
Fire/Perils | 15% |
Fleet Insurance | 5% |
Fleet Mtr & Motor Traders Road Risk | 10% |
Guest House - Fire/ Theft/ Accidental Damage | 15% |
Motor Fleet/Motor Trade/ Road risk | 10% |
Multi Risk | 5% |
Other Motor (Tractor) | 5% |
Other Motor (Tractor) | 5% |
Property Owners | 20% |
Shopkeepers | 15% |
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
Product | Commission % | Clawback Period (Months) |
---|---|---|
Mortgage - Switcher | 1% | 36 |
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
Product | Commission % | Clawback Period (Months) |
---|---|---|
Mortgage - Second/subsequent Buyer | 1% | 36 |
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
Product | Commission % | Clawback Period (Months) |
---|---|---|
Mortgage - First-Time Buyer | 1% | 36 |
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
Product | Commission % | Clawback Period (Months) |
---|---|---|
Mortgage - Equity Release | 1% | 36 |
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Motor GI Business | 7.5% |
Private Car | 7.5% |
Product | Initial % | Recurring % |
---|---|---|
Single Premium PRSA | 7.5% | 0.25% |
The Savings contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to ' clawback ' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Savings | 10% | 0.75% | 48 |
A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Regular Premium PRSA | 17.5% | 0.25% | 48 |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Combined Liability | 10% |
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % |
---|---|---|
Investments | 5% | 0.75% |
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % |
---|---|---|
ARF | 5% | 0.75% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Property Owners Liability | 12.5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Self Build Policy | 15% |
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % |
---|---|---|
Investments | 2.5% | 0.5% |
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
Product | Commission % | Clawback Period (Months) |
---|---|---|
Mortgage - Switcher | 1% | 36 |
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
Product | Commission % | Clawback Period (Months) |
---|---|---|
Mortgage - Second/subsequent Buyer | 1% | 36 |
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
Product | Commission % | Clawback Period (Months) |
---|---|---|
Mortgage - First-Time Buyer | 1% | 36 |
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
Product | Commission % | Clawback Period (Months) |
---|---|---|
Mortgage - Equity Release | 1% | 36 |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Professional Indemnity | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
ALPI (IRELAND) LIMITED | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Accidental Damage | 17.5% |
COLIN O'DONOGHUE T/A CD MOTORS | 15% |
Computer | 15% |
Construction | 15% |
Contractors All Risk | 17.5% |
Cyber | 15% |
Energy | 15% |
Engineering | 10% |
Engineering Inspection | 10% |
Equipment Breakdown | 15% |
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
Product | Commission % | Clawback Period (Months) |
---|---|---|
Mortgage - Switcher | 1% | 36 |
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
Product | Commission % | Clawback Period (Months) |
---|---|---|
Mortgage - Second/subsequent Buyer | 1% | 36 |
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
Product | Commission % | Clawback Period (Months) |
---|---|---|
Mortgage - First-Time Buyer | 1% | 36 |
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
Product | Commission % | Clawback Period (Months) |
---|---|---|
Mortgage - Equity Release | 1% | 36 |
The Whole of Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Whole of Life | 100% | 28% | 60 |
A Term Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Term Protection | 100% | 28% | 60 |
Product | Initial % | Recurring % |
---|---|---|
Single PRemium PRSA | 5% | 0.75% |
A Specified Illness Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Specified | 100% | 28% | 60 |
The Savings contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to ' clawback ' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Renewal | Clawback Period (Months) |
---|---|---|---|---|
Savings | 5.5% | 0.5% | 5.5% | 48 |
A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Renewal | Clawback Period (Months) |
---|---|---|---|---|
Regular Premium PRSA | 17.5% | 0.5% | 5% | 48 |
The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % |
---|---|---|
PRB | 5% | 0.75% |
A Mortgage Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Mortgage Protection | 100% | 28% | 60 |
An Income Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Income Protection | 120% | 30% | 60 |
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % |
---|---|---|
Investments | 5% | 0.5% |
A Defined Contribution Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Renewal | Clawback Period (Months) |
---|---|---|---|---|
Regular Premium pension | 17.5% | 0.5% | 5% | 48 |
Single premium pension | 5% | 0.75% | - | - |
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % |
---|---|---|
ARF | 5% | 0.75% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
All risks over 5k | - |
Combined Liability | 15% |
Commercial Combined | 16% |
Property Owners | 19% |
Public Liability | 15% |
Shops | 15% |
Tradesman | 15% |
Unoccupied Property Owners | 15% |
A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % |
---|---|---|
PRSA | 2% | 1% |
The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % |
---|---|
PRB | 2% |
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % |
---|---|
ARF | 2% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Professional Indemnity | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Personal Accident | 8.96% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Marine | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Combined Liability | 10% |
Public Liability Only | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
All Others Guesthouse Fire /Theft Accidental Damage | 10% |
Charities | 10% |
Commercial | 10% |
Electrical Contractors | 10% |
Fleet Insurance | 3% |
Motor Fleet | 5% |
Sports | 10% |
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
Product | Commission % | Clawback Period (Months) |
---|---|---|
Mortgage - Switcher | 1% | 36 |
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
Product | Commission % | Clawback Period (Months) |
---|---|---|
Mortgage - Second/subsequent Buyer | 1% | 36 |
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
Product | Commission % | Clawback Period (Months) |
---|---|---|
Mortgage - First-Time Buyer | 1% | 36 |
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
Product | Commission % | Clawback Period (Months) |
---|---|---|
Mortgage - Equity Release | 1% | 36 |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Travel | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Professional Indemnity | 15% |
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Motor Policies | 15% |
Private Car | 7.5% |
Private Motor Choice | 5% |
Private Motor Unique | 5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Taxi | 7.5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Combined Liability | 15% |
Public Liability | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Holiday Homes | 15% |
Home - Choice | 15% |
Home - Rental | 15% |
Home - Unique | 15% |
Household Policies | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Commercial Combined | 15% |
Commercial Vehicle | 7.5% |
Garage Combined | 15% |
Hackney | 7.5% |
Motor Policies | 15% |
Motor Trade Policies | 10% |
Property Owners | 15% |
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Private Car | 8% |
Private Car | 8% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Nursing Home Combined | 17.5% |
Taxi | 5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Holiday Homes | 10% |
Household | 17.5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Agricultural Vehicle | 10% |
Commercial Combined | 15% |
Commercial Vehicle | 8.5% |
Fleet Insurance | 8% |
Hackney | 5% |
Private Motor | 8.5% |
Rental Property | 20% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
All types | - |
Motor Fleet | 7.5% |
Property Owners | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Single and Annual Multi trip policies | 20% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Travel | 25% |
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission € | Commission % |
---|---|---|
MOTOR EXCESS= | €15 | - |
Motor Extra Benefits | - | 45% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission € | Commission % |
---|---|---|
Key Dependent on price = | €18 | - |
Legal Expenses | - | 45% |
Legal Expenses | - | 45% |
Rent Guarantee policy | €8 | - |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
ROI Owner Occupied | 20% |
ROI Residential Let | 25% |
A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Recurring Commission % |
---|---|
PRSA | 0.25% |
The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Recurring Commission % |
---|---|
PRB | 0.25% |
PRB | 0.25% |
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % |
---|---|---|
Investments | 0.25% | 1% |
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Recurring Commission % |
---|---|
ARF | 0.25% |
ARF | 0.25% |
A Term Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Term Protection | 225% | 50% | 60 |
Product | Initial % | Recurring % | Clawback Period |
---|---|---|---|
Single Premium PRSA | 7% | 0.5% | 60 |
A Specified Illness Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Specified | 225% | 50% | 60 |
The Savings contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to ' clawback ' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Renewal | Clawback Period (Months) |
---|---|---|---|---|
Savings | 10% | 0.5% | 2.5% | 60 |
A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Renewal | Clawback Period (Months) |
---|---|---|---|---|
Regular Premium PRSA | 25% | 0.5% | 6% | 60 |
The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
PRB | 5% | 1% | 60 |
A Mortgage Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Mortgage Protection | 225% | 50% | 60 |
An Income Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Income Protection | 225% | 50% | 60 |
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Investments | 4% | 1% | 36 |
A Defined Contribution Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Renewal | Clawback Period (Months) |
---|---|---|---|---|
Regular Premium pension | 25% | 1% | 8% | 60 |
Single premium pension | 5% | 1% | - | 60 |
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % |
---|---|---|
ARF | 5% | 1% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Professional Indemnity | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Holiday Home | 12% |
Household | 12% |
Mobile Home | 12% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
P.I | 20% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Personal Accident | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
B & B | 15% |
Couriers | 12.5% |
Goods in Transit | 20% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Combined Liability | 15% |
ELPL | 15% |
Public Liability | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Commercial Combined | 15% |
Commercial Package | 15% |
Contractors All Risks | 15% |
Office | 15% |
Property Owner | 17.5% |
Pub/Restaurant | 15% |
Real Estate | 17.5% |
Self Build | 15% |
Shop | 15% |
Shopkeepers | 15% |
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
MOTOR CYCLE | 5% |
Non-standard Car | 5% |
Non-standard Van | 5% |
Private Car | 5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Construction HGV Gefion | 7.5% |
Contractors All Risks | 15% |
Contractors Plant All Risks | 15% |
Courier | 7.5% |
Courier - AXA | 5% |
Engineering & Inspection | 15% |
Equestrian Property | 7.5% |
Horse Lorry Axa | 5% |
Horsebox - AXA | 5% |
Horsebox Lorry Gefion | 7.5% |
Horses | - |
Special Types | 5% |
Special Types Axa | 5% |
Special Types Gefion | 7.5% |
Taxi | 5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Carriers Liability | 10% |
Combined Liability | 10% |
Contractors Liability | 15% |
Equestrian Liability | 5% |
Public Liability | 5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Holiday Home | 15% |
Household | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
ADF&T | 10% |
AXA Haulage | 5% |
All Risks | 15% |
Commercial Combined MGAM | 15% |
Commercial Combined- Gefion | 15% |
Commercial Vehicle | 5% |
Courier - Axa | 5% |
Engineering | 15% |
Fleet | 7.5% |
Fleet Risk Fix | 5% |
Flexi Fleet | 7.5% |
Horse Box - Axa | 5% |
Logistics Combined | 15% |
Logistics Combined - Gefion | 15% |
Logistics Combined MGAM | 15% |
Logistics HGV - Gefion | 7.5% |
Logistics HGV AXA | 5% |
Logistics Vehicle | 7.5% |
Own Goods Vehicle | 7.5% |
Rental Fleet | 7.5% |
Single Vehicle Courier Axa | 7.5% |
Single Vehicle Courier Gefion | 7.5% |
Special Types | 5% |
Special Types - Axa | 5% |
Standard Haulage | 5% |
Transport Fleet | 5% |
Unmanned Aircraft | 7.5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Professional Indemnity | 5% |
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Octane Ireland Motor | 8% |
Octane Ireland Motor EDI | 6% |
Prestige Ireland Private Motor | 10% |
Prestige Personal Portfolio (Home, Motor & New NI Motor) | - |
Private Car | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Contractors Works | 15% |
Directors and Officers | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Combined Liability | 10% |
Combined Liability | 15% |
Public Liability | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Holiday Home | 25% |
Household | 25% |
Prestige Homesafe | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Amtrust Property ROI | 14% |
Commercial Combined | 15% |
Commercial Vehicle | 8% |
Commercial Vehicle | 8% |
Motor Trade | 10% |
Prestige Ireland Motor Trade | 10% |
Prestige Ireland Non Standard CV | 8% |
Prestige Manual Product | - |
Rental Property | 20% |
Shopkeepers | 15% |
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
Product | Commission % | Clawback Period (Months) |
---|---|---|
Mortgage - Switcher | 1% | 36 |
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
Product | Commission % | Clawback Period (Months) |
---|---|---|
Mortgage - Second/subsequent Buyer | 1% | 36 |
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
Product | Commission % | Clawback Period (Months) |
---|---|---|
Mortgage - First-Time Buyer | 1% | 36 |
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
Product | Commission % | Clawback Period (Months) |
---|---|---|
Mortgage - Equity Release | 1% | 36 |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Income Replacement | 12.5% |
Life Enquiry | 12.5% |
The Whole of Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Whole of Life | 200% | 36% | 60 |
A Term Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Term Protection | 200% | 36% | 60 |
A Specified Illness Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Specified | 225% | 36% | 60 |
A Mortgage Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Mortgage Protection | 200% | 36% | 60 |
An Income Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Income Protection | 225% | 60% | 60 |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Personal Accident/Travel | 20% |
Travel | 30% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Professinal Indemnity | 22.5% |
Professional Indemnity | 10% |
Professional Indemnity | 17.5% |
Professional Indemnity | 15% |
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Caravan | 15% |
Classic Car Scheme | 5% |
Limited Mileage | 5% |
MG Owners Scheme | 5% |
Morris Minor | 5% |
Motor | 5% |
Motor Damage | 10% |
Multi Vehicle | 5% |
RSA Broker Motor Insurance Private Car | 8% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Personal Accident | 15% |
Personal Accident | 20% |
Sports Person Accident | 25% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Agricultural Vehicle | 5% |
Computer | 15% |
Contractors Works | 20% |
Crime | 20% |
Directors and Officers | 15% |
Engineering Business Interuption | 15% |
Engineering Insurance Inspection | 15% |
Fidelity Guarantee | 20% |
Financial Risks | 15% |
Fire Schedule | 15% |
Goods in Transit | 20% |
Goods in Transit | 18.8% |
Marine | 18.8% |
Marine | 18% |
Marine | 20% |
Marine: Small Craft | 15% |
Money | 15% |
Special Types | 5% |
Sports Property Damage | 15% |
Taxi | 10% |
Theft | 20% |
Theft by Employees | 20% |
Trailer | 25% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Carriers Liability | 20% |
Combined Liability | 10% |
Combined Liability | 9% |
Employers Liability | 6% |
Employers Liability | 6% |
Office Liability | 10% |
Public Liability | 10% |
Public Liability | 10% |
Sports Liability | 17.5% |
Transit Liability | 18% |
Transit Liability | 20% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Holiday Home | 25% |
Household | 25% |
R.I.A.I. Home Secure | 5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
All Risks | 15% |
Apartments/Block of Flats | 15% |
Barristers Office | 22.5% |
Cargo | 20% |
Combined | 15% |
Commercial Combined | 15% |
Commercial Package | 20% |
Commercial Vehicle | 5% |
Commercial Vehicle Fleet | 5% |
Contractors All Risks | 15% |
Engineering | 15% |
Engineering | 15% |
Farmers Combined | 15% |
Fire/Perils | 12.5% |
Fire/Perils | 15% |
Fleet Insurance | 10% |
Glass | 20% |
I.D.A. Motor Scheme | 5% |
I.H.C.A. Motor Scheme | 5% |
Motor Traders | 5% |
Multi Risk | 5% |
Office | 17.5% |
Office Combined | 15% |
Office Combined | 17.5% |
Property | 12.5% |
Property | 12.5% |
Property Damage | 15% |
Property Owners | 15% |
R.I.A.I. Motor Scheme | 5% |
Shop | 15% |
Shopkeepers | 15% |
Surgery | 17.5% |
Traders | 20% |
Traders | 20% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
PA/Travel (Chubb) | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
PROFESSIONAL INDEMN. | 10% |
Professional Indemnity (AXA XLl) | 10% |
Professional Indemnity (Chubb) | 10% |
Professional Indemnity (Citynet) | - |
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Chubb Masterpiece Motor | 5% |
HNW Motor - Dual | 5% |
Private Motor | 5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Combined Liability | 10% |
Cyber Liability (Various) | 10% |
Excess Liability | 10% |
Excess Liability | 10% |
Excess Liability (CNA Hardy) | 10% |
Excess Liability (Chubb) | 10% |
PROPERTY OWNERS | 15% |
PUBLIC LIABILITY | 13.7% |
Premises Liability | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
HOUSEHOLD | 15% |
OL PROPERTY OWNER | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
APARTMENT BLOCK | 15% |
COMMERCIAL COMBINED | 16% |
Chubb Masterpiece Household | 12.5% |
Clinical Trials (Chubb) | 10% |
Commercial Combined (Chubb) | 10% |
Commercial Combined (Citynet) | - |
D&O (Chubb) | 10% |
D&O (HCC) | 10% |
Engineering (HSB) | 10% |
Event Cancellation (Chubb) | 10% |
HNW Household - Dual | 12.5% |
Kidnap & Ransom (Chubb) | 10% |
MOTOR FLEET | 15% |
Marine Cargo (CNA) | 10% |
Miscellaneous | 15% |
Office | 15% |
POL - Securus - offline | 10% |
POL - Securus - online | 15% |
Property Owners (Citynet) | 10% |
Terrorism Cover (Citynet) | - |
UNOCCUPIED PROPERTY OWNERS INSURANCE QBE | 10% |
Vacant Property (Securus - offline) | 10% |
Vacant Property (Securus - online) | 15% |
Product | Initial % | Recurring % |
---|---|---|
Single Premium PRSA | 5% | 0.5% |
The Savings contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to ' clawback ' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Savings | 15% | 1% | 60 |
A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Renewal |
---|---|---|---|
Regular Premium PRSA | 5% | 0.5% | 5% |
The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % |
---|---|---|
PRB | 5% | 1% |
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % |
---|---|---|
Investment | 4% | 1% |
A Defined Contribution Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Renewal | Clawback Period (Months) |
---|---|---|---|---|
Regular Premium pension | 25% | 1% | 8% | 60 |
Single premium pension | 5% | 1% | - | 48 |
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % |
---|---|---|
ARF | 4% | 1% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Travel - Business | 10% |
Travel - Individual | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Personal Accident | 10% |
Personal Accident / Illness | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
All Others | - |
Miscellaneous Safe | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Combined Liability | 12.5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Chip Safe | 15% |
Commercial Combined | 15% |
Commercial Package | 15% |
Gourmet Safe | 15% |
Property Owners | 15% |
Shop Safe | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Professional Indemnity (AmTrust) | 12.5% |
Professional indemnity - AmTrust Europe Ltd through Collegiate Underwriting | 12.5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Personal Accident & Illness with Lloyds Insurance Co SA | 10% |
Personal Accident (Axis/Lloyds) | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Combined Liability | 15% |
Liability (Calpe) | 15% |
Liability with Calpe Insurance Company Limited via Corin Underwriting Ltd | 15% |
Public Liability | 12.4% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Bonds case by case depending on Surety | - |
Commercial Combined | 15% |
Commercial Package | 12.6% |
Contractors All Risk with Great American International Insurance (EU) DAC via Corin Underwriting Ltd | 15% |
Contractors All Risks with Certain Underwriters at Lloyd's via The Fiducia MGA Co Ltd | 15% |
Contractors all risks (Great America) | 15% |
Contractors all risks(Fiducia) | 15% |
Cyber (Safe Online) | 12% |
Cyber with Lloyd's Insurance Co SA | 12% |
Cyber, Lloyd's Insurance Co SA | 10% |
Material Damage & BI | 15% |
Material Damage & BI with Lloyd's Insurance Co SA | 15% |
Property Owners | 15% |
Property Owners with LLoyds Insurance Co SA | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Professional Indemnity | 15% |
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Classic Car Scheme | 5% |
Multi Vehicle | 5% |
Private Car | 10% |
Private Motor Vehicle - NB and Rnl | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Miscellaneous | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Combined Liability | 9% |
Employers Liability | 6% |
Employers Liability (Package) | 15% |
Employers Liability (Stand Alone) | 6% |
Management Liability Package | 17.5% |
Management Liability Package - NB | 25% |
Motor Trade (Property & Liability covers) | 15% |
Public Liability | 10% |
Public Liability (Package) | 15% |
Public Liability (Stand Alone) | 10% |
Technology E&O and Cyber Liabilities | 20% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
APARTMENT BLOCK | 15% |
Commercial Combined | 15% |
Commercial Package | 15% |
Commercial Vehicle | 5% |
Directors & Officers | 17.5% |
Fleet Insurance | 5% |
Golf Select | 20% |
I.H.C.A. Motor Scheme | 5% |
Motor Fleet | 5% |
Motor Trade Road Risks | 5% |
Motor Trade Road Risks - NB | 10% |
Motor Traders | 5% |
Motortrade | 10% |
Multi Risk | 5% |
Property Covers (Package or Stand Alone but excluding Motor Trade) | 15% |
Property Owners | 15% |
R.I.A.I. Motor Scheme | 5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Professional Indemnity | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
CONSEQUENTIAL LOSS | 12.5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Combined Liability | 10% |
Employers Liability | 10% |
Excess Public Liabililty | 10% |
Liability | 12.5% |
Product Liability | 10% |
Property Owners Liability | 12.5% |
Public Liability | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Apartments | 10% |
Clinical Trials | 10% |
Combined | 17.5% |
Commercial Combined | 12.5% |
Commercial Package | 10% |
Commercial Property | 10% |
Motor Fleet | 7.5% |
Property | 15% |
Terrorism | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Professional Indemnity | 10% |
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission € | Commission % |
---|---|---|
Asgard Private Car | €5 | 5% |
Motor Damage | - | 10% |
Multi Vehicle | - | 5% |
Private Car | - | 10% |
Rent a Car | - | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Contractors Works | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission € | Commission % |
---|---|---|
Combined Liability | - | 9% |
Combined Liability | - | 9% |
Employers Liability | - | 6% |
Public Liability | - | 10% |
SIM Liability | €7 | 7% |
SIMI MOTOR TRADE - LIABILITY | - | 7% |
Tradesure Liability | €15 | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission € | Commission % |
---|---|---|
Apartments | - | 17.5% |
Asgard Bus & Coach 1-4 | €5 | 5% |
Asgard Bus & Coach Fleet | €5 | 5% |
Asgard Commercial Fleet | €5 | 5% |
Commercial Combined | - | 10% |
Commercial Combined | - | 13% |
Commercial Package | - | 11.5% |
Commercial Vehicle | - | 8% |
Commercial Vehicle | - | 10% |
Fleet Insurance | - | 10% |
Golfsure Combined | €15 | 15% |
Golfsure Motor | €5 | 5% |
Golfsure Personal | €5 | 5% |
Guest House | - | 10% |
I.D.A. Motor Scheme | - | 5% |
Internal Risks | - | 10% |
Motor Fleet | - | 7.85% |
Motor Traders | - | 15% |
Motor Traders | - | 5% |
Multi Risk | - | 5% |
Office Combined | €15 | 15% |
Property Owners | - | 17.5% |
Propsure | €17.5 | 17.5% |
SIMI MOTOR TRADE - MOTOR | - | 5% |
SIMI MOTOR TRADE - PROPERTY, BI, MONEY | - | 15% |
SIMI Motor | €5 | 5% |
SIMI Motor Trade | Property, BI & Money | €15 | 15% |
Traders Combined | - | 10% |
Tradesure Commercial Motor | €10 | 10% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Employers Liability | 20% |
Public Liability | 20% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Commercial Combined | 20% |
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Motor Damage | 5% |
Private Car | 10% |
Private Car / Light Commercial Vehicle | 5% |
Van Plan | 5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
EL & PL Wrightway | 12% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Carriers Liability | 10% |
Carriers Liability | 10% |
Combined Liability | 8% |
Contractors Combined Liability | 12% |
Haulage Liability | 10% |
Liability Scheme | 12% |
PUBLIC LIABILITY | 12% |
Trades Liability | 12% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
HOUSEHOLD | 17.5% |
Holiday Home | 17.5% |
House | 17.5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
ADF&T | 10% |
ADF&T | 10% |
Commercial Vehicle | 5% |
Engineering | 10.5% |
Haulage Fleet | 5% |
Haulage Property | 10% |
Haulage Single Vehicle | 10% |
Haulage Single Vehicle | 5% |
Inspection | 15% |
MARINE INSURANCE | 5% |
MOTOR FLEET | 5% |
Mini Fleet | 10% |
Multi Risk | 5% |
Multi Vehicle | 10% |
Own Goods | 10% |
Rental Property | 17.5% |
Rigid Vehicle | 10% |
Special Types | 5% |
Special Types | 5% |
Survey Fee | - |
TRANSIT INSURANCE | 5% |
Traders Transit | 5% |
Traders Transit | 5% |
Trailer ADF&T | 10% |
Truck Plan | 10% |
Watford Fleet | 5% |
Watford MultiPlan | 5% |
Watford TruckPlan | 5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Nursing Homes | 25% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Annual Travel Policy | 15% |
Group Personal Accident Travel | 15% |
Personal Accident Travel Pol. | 15% |
Travel | 25% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Professional Indemnity | 15% |
Professional Indemnity | 25% |
ZPI - Professional Indemnity | 15% |
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
Product | Commission % |
---|---|
Caravan | 15% |
Motor Damage | 10% |
Multi Vehicle | 5% |
Private Car | 7.5% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Group Personal Accident Policy | 15% |
Personal Accident | 20% |
Personal Accident Policy | 15% |
Personal Accident Road & Rail | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Combined Liability | 10% |
Employers Liability | 6% |
Public Liability | 10% |
Transit Liability | 18% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Broker Household | 15% |
Broker Household DA | 20% |
Combined Caravan/Mobile Home | 15% |
Holiday Home | 15% |
Home Insurance | 22% |
Household | 15% |
Household | 15% |
Household DA | 15% |
Private Dwelling House Policy | 15% |
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
Product | Commission % |
---|---|
Accidental Damage | 12.5% |
All Risks | 15% |
Apartment Block Insurance | 10% |
Apartment Block Policy | 15% |
Building in the Course of Erection | 15% |
Combined Property Policy | 15% |
Combined Property Policy | 12.5% |
Commercial Combined | 15% |
Commercial Combined (U.K.) Pol | 15% |
Commercial Liability Policy | 10% |
Commercial Motor Vehicle | 6.5% |
Commercial Property | 12% |
Commercial Vehicle | 7.5% |
Commercial Vehicle | 5% |
Commerical Package | 20% |
Computer | 15% |
Computer All Risks" Policy" | 15% |
Contractors All Risks" Policy" | 15% |
Contractors Works | 15% |
Contractors Works | 12.5% |
Cyber Policy | 20% |
Directors & Officers | 20% |
ENP- Engineering | 15% |
Elite Private Car | 7.5% |
Engineering Insurance Inspection | 15% |
Engineering Policy | 20% |
Farm Fire Policy | 12.5% |
Farm Policy | 12.5% |
Fidelity Guarantee | 12.5% |
Fidelity Policy | 15% |
Fire Schedule | 12.5% |
Fire/Perils | 15% |
Fire/Perils | 12.5% |
Fleet Insurance | 5% |
Fleet Motor Vehicle | 5% |
Goods in Transit | 18% |
Guest House All In" Policy" | 15% |
HGV Fleet | 10% |
Hackney | 5% |
I.D.A. Motor Scheme | 5% |
I.H.C.A. Motor Scheme | 5% |
Internal Risks | 10% |
Legal Expenses | 15% |
Legal Expenses | 25% |
MRP - Marine | 15% |
Marine | 20% |
Marine Policy | 17.5% |
Marine: Small Craft | 15% |
Mini Fleet Vehicle | 5% |
Miscellaneous Bonds Policy | 15% |
Motor Traders | 5% |
Motor Traders Combined | 5% |
Motor Traders Internal Policy | 10% |
Multi Risk | 5% |
Nursing Home Combined | 15% |
Office Combined | 15% |
Office Policy | 15% |
Private All Risks" Policy" | 15% |
Property Owners | 15% |
R.I.A.I. Motor Scheme | 5% |
Residential Care Home Policy | 15% |
Shop | 15% |
Shopkeepers | 15% |
Shops Policy | 15% |
Small Craft/ Yacht Policy | 15% |
Special Types | 5% |
Special Types | 5% |
Tradestar Office | 15% |
Tradestar Property Owners | 15% |
Tradestar Shop | 15% |
Tradestar-Property Owners | 15% |
Trailer | 15% |
Truck Way- Single Truck | 10% |
The Whole of Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Whole of Life | 90% | 18% | 12 |
A Term Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Term Protection | 170% | 12% | 12 |
Product | Initial % | Recurring % |
---|---|---|
Single Premium PRSA | 5% | 0.75% |
A Specified Illness Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Specified | 100% | 12% | 12 |
The Savings contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to ' clawback ' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Renewal | Clawback Period (Months) |
---|---|---|---|---|
Savings | 10% | 0.5% | 1% | 48 |
A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Renewal | Clawback Period (Months) |
---|---|---|---|---|
Regular Premium PRSA | 30% | 0.75% | 5% | 48 |
The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % |
---|---|---|
PRB | 5% | 0.5% |
A Mortgage Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Clawback Period (Months) |
---|---|---|---|
Mortgage Protection | 170% | 40% | 12 |
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % |
---|---|---|
Investment | 5% | 0.5% |
A Defined Contribution Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % | Renewal | Clawback Period (Months) |
---|---|---|---|---|
Regular Premium pension | 20% | 0.5% | 3% | 48 |
Single premium pension | 5.5% | 0.5% | - | - |
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
Product | Initial % | Recurring Commission % |
---|---|---|
ARF | 5% | 0.5% |