REMUNERATION & FEES
We are remunerated by both commission and fees. We receive commission from the insurer which is a percentage of the total annual premium. An administration fee of up to 15% of the total premium, maximum €100, is applied to all new Policies and on all renewals. Fees applicable to mid-term adjustments to Motor Insurance Policies are detailed in the following table, in addition to any other premium adjustment. There are no fees applicable to Travel Insurance. A full list of applicable charges is detailed hereunder.
|Policy set-up – up to 15% of the total premium||Max €100.00|
|Renewal – up to 15% of the total premium||Max €100.00|
|Permanent Policy Alteration||€25.00|
|Temporary additional driver or temporary additional vehicle||€25.00|
|Temporary Vehicle Substitution||€10.00|
|Direct debit default||€15.00|
|Credit card payment : 2% service charge|
Legal Expenses -all our Motor policies automatically include Legal Expenses Cover which has been specifically tailored for customers’ protection.