Contingent Compensation. The Group may accept certain forms of contingent compensation in locations where they are legally permissible, and meet standards and controls to address conflicts of interest. Because insurers account for contingent payments when developing general pricing, the price our clients pay for their policies is not affected whether The Group accepts contingent payments or not. If a Group client prefers that we not accept contingent compensation related to their account, we will request that the client’s insurer(s) exclude that client’s business from their contingent payment calculations.
Appears in 5 contracts
Samples: Intermediary Terms of Business Agreement, Direct Terms of Business Agreement, Direct Terms of Business Agreement
Contingent Compensation. The Group We may accept certain forms of contingent compensation in locations where they are legally permissible, and meet standards and controls to address conflicts of interest. Because insurers account for contingent payments when developing general pricing, the price our clients you pay for their your policies is not affected whether The Group accepts we accept contingent payments or not. If a Group client prefers you prefer that we do not accept contingent compensation related to their your account, we will request that the client’s insurer(s) your insurers exclude that client’s your business from their contingent payment calculations.
Appears in 2 contracts
Samples: General Terms of Business Agreement, General Terms of Business Agreement
