Charge fee in addition to or in lieu of collecting commissions?
|
Specific Disclosures or written agreements required to charge fees to a client?
|
Admin fees for insurance placement?
|
Charges for services unrelated to the placement of insurance?
|
Additional licensing required?
|
Insurance producers may charge fees in lieu of or in addition to receiving commissions for insurance placement, provided such compensation is contemplated in the premium/charge for insurance filed with and approved by the commissioner and/or included in the policy. Producers licensed as consultants may charge fees for services unrelated to the sale or writing of insurance for which the producer/consultant receives a commission. Neb. Rev. Stat. § 44-2616; Neb. Rev. Stat. § 44-354; Neb. Rev. Stat. § 44-2631.
|
Yes. A consultant may charge a fee only under the terms of a separate written agreement, signed by the client, specifying the services to be provided and the fee to be charged. A copy of the agreement must be maintained for five years. Neb. Rev. Stat. § 44-2630.
|
Yes, see fees in lieu of commissions
|
Yes, see fees in lieu of commissions
|
Yes. A producer must be licensed as a consultant to charge fees for consulting services. Neb. Rev. Stat. § 44-2615.
|