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An actual insurance producer can NOT charge a fee for assisting in the purchase of insurance. The only way that a fee may be assessed is if the insurance producer is actually a CFP and providing a "fee based" service.
Insurance producers are compensated directly by the insurance company who's product they sell.
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Can an insurance agent charge a policy fee in addition to the policy fee charged by the wholesaler?
no
Is it common for a commercial insurance agent to charge their client an agency commission fee and also a service fee?
Yes if they are a broker. You will always see a broker fee from your agent and they a fee from the insurance company
What is a late charge fee?
A late charge fee is extra money on top of your regular monthly bill that you have to pay should you happen to be late on your insurance payment.
Can an insurance agent split fees with an attorney who is also an insurance agent and is not practicing law with the client?
Law is different from state to state. In Florida you can share commissions with anyone who has an insurance license. Or if you charge a fee for insurance services (fee in lieu of commission), you can share the fee with another licensed person.
Can auto insurance agent charge you a cancellation fee?
Go here............... http://www.ukmoneypot.co.uk/car-insurance-cancellation-fees-how-they-can-get-you.htm
Must an executor charge a fee?
No. They can choose to not charge a fee but that is up to the executor.No. They can choose to not charge a fee but that is up to the executor.No. They can choose to not charge a fee but that is up to the executor.No. They can choose to not charge a fee but that is up to the executor.
Can your landlord charge a late fee if the rental agreement was verbal?
Not in Massachusetts. You should check your state's laws, but most states say no.
Can your dentist charge you full fee instead of the contracted fee after your benefits are maxed out for the year?
Yes and no. It all depends on the dentist's contract with your insurance plan. There is no standard answer to this question.
Can the insurance company charge you to cancel your insurance?
Yes! They can charge you a cancellation fee that is either a flat rate or is a percentage of your total annual premium calculated based on when you cancel. Lots of insurance companies do this although some only charge you to cancel within the first year
What is the maximum a landlord can charge for late payment fees?
This varies by state. Massachusetts law, for instance, states that a landlord may not charge a late fee until the rent is 30 days late. However, the statute sets no limit on the amount of the late fee.
Can your apartment landlord charge you a late fee 3 months later after doing an internal audit?
Most states have laws about when a late fee can be charged. For instance, in Massachusetts, a late fee can't be charged until the rent is 30 days late, and only if the lease provides for the fee. But, if they have that in the lease, then yes, they could go back and charge retroactively.
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