FAQs
What is the maximum amount an insurance company can charge for a policy fee?
Jul 1, 2020, 00:00 AM
Title :
What is the maximum amount an insurance company can charge for a policy fee?
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There is no limit on fees imposed by a surplus lines insurer. Still, the fee amount should be charged in consideration for the insurance contract, remitted to the insurer, and not retained by the agent or MGA.
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- FAQ Taxes, Fees, and Assessments