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Business Protection - Set Up of a New Policy

Set Up of a New Policy

£350.00

Phone/Virtual liaison to Set-Up your new Business Protection Policy: fee is per cover type in the following areas - Director/Partnership Share Protection, Key Person Cover or Relevant Life Cover.

If any new policies are advised, these can be arranged on a Fee (Nil-commission) basis, which means you would benefit from lower nil-commission based premiums. On the Fee basis, our Set-Up Fee is £350 per cover type. Alternatively new policies can be set-up on a Commission (£0 Fee) basis, which would mean you would pay us a no fee, but will pay higher (commission based) premiums. We will discuss both options with you and agree which method is best suited to your situation. 

Please note, regardless of the remuneration basis agreed, if the product does not proceed or is cancelled and this results in the non-payment of the fee or commission, the outstanding amount will be payable by you directly.