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Charge fee in addition to or in lieu of collecting commissions?
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Specific Disclosures or written agreements required to charge fees to a client?
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Admin fees for insurance placement?
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Charges for services unrelated to the placement of insurance?
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Additional licensing required?
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Licensed insurance producers may charge fees in addition to commissions in connection with insurance transactions, and may also charge fees for consulting services. Okla. Stat. tit. 36 § 1435.30.
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Yes. All fees must be fully disclosed to clients. Specifically, consulting fees may be charged only pursuant to a written agreement on a form approved by the commissioner stating the fee and services to be provided and signed by the producer and client. Okla. Stat. tit. 36 § 1435.30.
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Yes, see fees in lieu of commissions
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Yes, see fees in lieu of commissions
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No
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