To arrange this insurance on behalf of your client you agree to the following conditions and you will advise your clients accordingly:
- There is no refund of premium or fees paid in the event of cancellation
- Gross premium payment is required to activate the cover by using a credit card.
- Commission you earn will be paid on a monthly basis at a flat rate of $20 including GST per policy.
- Expiry advice will be advised by way of email to you prior to the expiry date. Therefore, no hold covered arrangements apply and if continuity of cover is required a new contract for 12 months would be required.