Remuneration and Fees

REMUNERATION AND FEES
FUTURE is usually remunerated by commission received from product producers for the work involved in placing an order and finalising the product with them on your behalf (some product producers do not pay commission). An administration fee may also be charged for the activity involved in initial work and time spent seeking the best terms as well as for activity involved in the renewal of the policy or any alterations that take place during and at termination of a policy. The fee will never exceed twenty five percent of the premium.

As a Broker we provide advisory services based on a fair analysis of the market.

We charge administration fees for the following new business and renewal services

Class of Risk

  • Household
  • Private/ Commercial Motor
  • Commercial Business
  • Employers/ Public Liability
  • Midterm Switches/Alterations
  • Return Premiums

Maximum Fee
Up to 25% of Premium

We will pass on any bank charges incurred by Future as a result of any payments being returned unpaid by a client’s bank.

Premiums due may be paid by DEBIT CARD with NO Bank Handling charge. If you wish to pay by CREDIT CARD a bank handling charge of 3% will apply.