Schedule of Advice, Service and Support Fees
Our brokerage fees in relation to Initial placement, Renewal or Alteration of policies are listed below. The firm will charge you a fixed fee or a percentage of the insurance premium for the following services provided. For complex and non-standard cases, a pre agreed fee will be discussed on a case by case basis depending on the complexity of the case and level of work required.
2% compliance charge on the premium will apply across all our policy types. There are no charges on return premiums
| Product Type | Service | Standard Fee |
|---|---|---|
| Personal Insurance | Home – New Business/Renewal | Up to €70 |
| Motor – New Business/Renewal | Up to €120 | |
| Amendments/Cancellations/Documentation Requests | Up to €100 | |
| Agency Transfer | Up to €120 | |
| Commercial/Business | New Business | Up to 75% of premium |
| Renewal | Up to 75% of premium | |
| Renewal Requote | Up to 75% of premium | |
| Agency Transfer | Up to 75% of premium | |
| Amendments/Cancellations/ Documentation Requests | Up to €100 | |
| Health | New Business | €50 |
| New Business Beef Plan Movement | €30 | |
| Agency Transfer | €50 | |
| Renewal Business | €50 | |
| Group Scheme New Business | Up to €400 | |
| Group Scheme Renewal | Up to €400 | |
| Financial Service Fees | New Business/Renewal | €50 |
| Policy Reviews (Life & Pension) | €50 | |
| For Group and complex cases a fee will be pre agreed |
An hourly rate of up to €200 per hour will be pre agreed for advice from without placement of policy
It is the policy of Sheridan Insurances to disclose actual fees charged on our documentation. Where as a result of a cancellation or an alteration a credit is returned from an Insurer, we will return this credit to you promptly. Where we arrange Insurance Premium Finance on your behalf a handling fee will apply. If you arrange Premium Credit Finance to pay your insurance premium, please note there will be no refund on a minimum deposit premium.