Sentences with phrase «agent or broker commissions»

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Not exact matches

You can navigate the process with the help of an insurance broker, or independent agent, who is a licensed individual representing a small business owner and works on commission or a for a service fee.
Most notably, it allows insurance agents or brokers to receive commissions, or other indirect compensation (e.g., 12b - 1 fees) that can vary based on the advice given, as long as the «Best Interest Contract» Exemption (BICE) applies.
Associated Person (AP) A person associated with any futures commission merchant, introducing broker, commodity trading advisor, commodity pool operator, or leverage transaction merchant as a partner, officer, employee, consultant, or agent.
Each trade executed by Virtual Brokers agent in relation to client buy - ins or margin deficiency will be charged a broker - assisted commission.
If you have any questions concerning the behavior of an agent or broker, you should contact your States Real Estate Commission or licensing department.
If you buy a GIC through an agent — whether an online brokerage, a GIC broker, or a financial advisor — the issuer of the GIC pays a commission to that agent.
Commissions are already priced into the cost of life insurance - so you're not paying extra to work with us (or any agent or broker).
d. Any licensed real estate agent or broker who is performing those activities subject to the regulation of the North Carolina Real Estate Commission.
Investors should be sure to ask and to understand what commission or other sales fees are charged by a broker or agent to make an investment transaction, including if such information is not provided in writing).
When paying tens or hundreds of thousands of pounds in overall commission, charges and «success fees» to a business broker, business transfer agent or other intermediary, use these tips to ensure you get full value for your money and keep your adviser highly motivated to get your business sold.
Commission In insurance, a percentage of the premium paid to an agent or broker by the insurer as compensation.
Through an agent or broker: Agents and brokers are paid through commissions deducted from your premiums in the first few years your policy is in effect.
This comparison should include the risk cover, premium payable, maturity value (as applicable) and commission payable to the insurance agent, broker or bank.
The Irda regulations do not allow any person other than insurance agents and insurance brokers approved by it to sell vehicle insurance policies and the maximum brokerage or commission payable for selling insurance policies is capped at 10 per cent of the premium.
(Appointed means the agent or broker can earn a commission when you buy that policy.
The commission compensates the agent or broker for the time spent advising you on how much and what type of life insurance to buy, for facilitating the application process, and for any further service that's needed in future years to keep the policy up - to - date (such as changing beneficiary designations, arranging policy loans or coordinating your financial plans with your lawyer and accountant).
If you buy a policy through an agent or broker, you will pay a commission, also called a «load,» that is built into the premium rate.
Some agents or brokers misrepresent a package just to have a sale and commission, and the insured will end up with an insurance they don't need and can never use.
Commissions are already priced into the cost of disability insurance - so you're not paying any extra to work with us (or any disability insurance agent or broker).
Commissions are already priced into the cost of life insurance - so you're not paying extra to work with us (or any agent or broker).
You read that correctly — agent and broker commissions are built into the price of your policy, regardless of whether you use an agent or broker.
First, you'll be responsible for commissions and surcharges paid towards your broker or real estate agent.
By using a fee - only agent or broker, you're increasing your overall cost because commissions are still built into the price of your policy.
Commissions are already built in to the price of your policy, so it doesn't cost you more to use an insurance agent or broker.
Like I as an agent or broker can't arbitrarily tack on an extra commission.
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