In terms of current legislation the client is the client of the insurer. The insurer has to make sure that the client is treated fairly, both in respect of the information provided and the premium charged at inception and renewal of the client’s policy, and at claims stage. Read More

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Legislation restrictions on the earnings of short-term insurance brokers permit them to earn revenue in three different ways: they receive statutory commission for selling and maintaining policies; they submit claims; and most importantly, they advise their clients on the types of available cover. They may be paid a binder fee by an insurer to cover the costs they […]

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