Licensed advisers may charge fees for insurance services, if they enter into a written contract specifying fees and services, in a form approved by the Commissioner. Md. Code Ann., Ins. §
If a life and health consultant charges a fee and receives a commission for the sale of insurance as a producer, both the fee and commission must be disclosed in
Any fees charged, other than commissions, for financial planning by insurance producers must be based upon a written agreement, signed by the party to be charged in advance of the
Licensed consultants may charge fees for services unrelated to placement of insurance only under the terms of a written agreement signed by the client specifying the services to be rendered
Compensation must be based upon a written agreement between the producer and insured specifying the amount of such compensation. Kan. Stat. Ann. § 40-4911. Federal and state legislative activity is
An insurance producer cannot charge fees other than commissions unless such fees are based on a written agreement signed by the client in advance of the performance of the service.
The producer must provide the insured with a written agreement and disclose, prior to the transaction, that the producer will receive compensation for the sale of the policy and the
If a producer charges any fee or compensation separate from commissions deductible from, or attributable to, premiums on insurance policies or contracts: It must provide a written disclosure to the
Before charging a fee to a consumer, an insurance producer must provide a written statement that describes the services that will be performed and the fees the insurance producer will
Currently, Hawaii has no state laws or regulations pertaining to Producer’s Compensation Disclosure.
