What We Do
Understand your insurance needs
Risk requirements
Present your requirements to insurers
Compare the Market
Compare quote terms and premiums
Check requirements & terms
Confirm Premiums and terms to you
Our recommendation
Our Fees and Charges for providing Our Services to You
We usually receive a commission from the insurer which is taken from the amount You pay us, where you pay on credit we will also receive commission from the premium finance provider and, in addition, we also make the following charges to cover the administration of Your insurance:
Arranging new policies/renewals - £150
Mid-term adjustments (In addition to any insurer charges) - £50
Changes made on your policy for a non-disclosure - £100
Special delivery post (only when requested by you) - £10
For motor trade business, if the insurer has its own on-line for MID vehicle updates: A charge of £15.00 will apply if you ask us to update the MID on your behalf.
In the event that your policy is voided by the insurance company for non-disclosure, Executive Insurance Services Limited will retain all commissions and fees earned in arranging your Insurance policy.
For payments by instalments, a minimum deposit of 20% is required. This applies to annual policies only, please note minimum premiums apply.
Mid-term cancellations and other refunds are paid NET of commission and in addition we charge an administration fee of £50.
If we arrange a policy on which we earn no commission we will advise You of the arrangement fee before You take the policy out. We may also make additional charges specific to the arrangement & servicing of certain policies, but these will always be advised to You in advance. Prior to the conclusion of each insurance contract, or upon renewal, We will remind You of Your right to be advised of the level of commission which We receive from underwriters. You are entitled, at any time, to request information regarding any commission which We may have received as a result of placing Your insurance business. Where we may receive additional remuneration based on the volume or profitability of our account with an insurer we will advise You of this.