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Insurance commission rebating
sanjaymaz
Posts: 27 Forumite
Does anyone know of a company who will rebate the renewal commissions from insurnaces such as medical insurance. I know for certain that my broker gets a renewal fee each year, and I'd like to get some of it back but want to establish a benchmark before I approach her.
Sanjay
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Get moneyback from your normal online shopping - sign up at http://www.greasypalm.co.uk/r/?l=227289
Sanjay
________________________________________________________
Get moneyback from your normal online shopping - sign up at http://www.greasypalm.co.uk/r/?l=227289
0
Comments
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Even if you go direct, the provider often charges more or keeps the renewal commission for themselves.
There isnt a lot of profit in general insurance. Figures around 10% of annual premium are often the figure. So, there isnt a lot of scope to play with. Plus, there is the risk that you cancel mid way through a year and a clawback occurs.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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