Remuneration Policy

Professional Fees INNOVU Insurance 

A fee is a payment for professional services and expertise provided by INNOVU Insurance. The amount of any fee will be discussed and agreed with you in advance of all transactions.

Fees may be set per the schedule undernoted or we offer an hourly rate also outlined below.

Fees may be subject to change should additional factors arise (i.e. level of risk, urgency of transaction). This will always be discussed and agreed in advance of transactions being placed.

Professional Fees are non-refundable in the event that a policy is cancelled.

 

Schedule of Fees

Personal Products

 

Service

Minimum Fee

Up to Maximum

Initial Set Up

€60

40%

Renewal

€60

40%

Alterations/Duplicate Documentation

€30

20%

Dishonoured Payments/Replacement cheques

€20

 

 

Commercial Products

 

 

Service

Minimum Fee

Up to a Maximum

Initial Set Up

€100

40%

Renewal

€100

40%

Dishonoured Payments

€20

 

 

Agreed Professional Fees

Professional Advisor

Professional Fee (Hourly Rate)

Account Director (Financial Planning/Commercial)

Up to €350

Account Executive

Up to €200

Support Staff

Up to €150