Pure Protection Products Sample Clauses

Pure Protection Products. If you buy a protection product you may elect that we are remunerated by commission. The commission is paid directly by the provider. Although you pay nothing up front that does not mean our service is free. The commission paid to us forms part of a ‘product charge’ which you pay when you purchase the product. Product charges pay for the product provider’s own costs and any commission payable to third parties. You may elect that we arrange for the protection premium to be discounted by the commission that otherwise might have been payable under the policy recommended. In this instance you will need to pay a fee appropriate to cover our advice and work, in accordance with paragraph 13.1 above. The amount of commission we receive will vary depending on the type of policy and (sometimes) the term of the policy or your age, as in the following example: If you were to pay £20 per month towards a £25,000 Critical Illness policy we would receive commission of 3% of the sum assured (£750) and 0.5% of the sum assured (roughly £125 every year).

Pure Protection Products. If you buy a protection product you may elect that we are remunerated by commission. The commission is paid directly by the provider. Although you pay nothing up front that does not mean our service is free. The commission paid to us forms part of a ‘product charge’ which you pay when you purchase the product. Product charges pay for the product provider’s own costs and any commission payable to third parties. You may elect that we arrange for the protection premium to be discounted by the commission that otherwise might have been payable under the policy recommended. In this instance you will need to pay a fee appropriate to cover our advice and work. The amount of commission we receive will vary depending on the type of policy and (sometimes) the term of the policy or your age, as in the following example: If you were to pay £13.04 per month towards a Life with Critical Illness policy we may receive commission of 0.004% of the sum assured £72,000, and a roughly £3.96 every month after 4 year of the cover being in force. In accordance with the regulatory requirements, for providing mortgage advice there is:  No fee. We will be paid commission from the lender.  A fee of 299 is payable upfront (which will be agreed prior to undertaking of any work, non-refundable, and covers all the initial research and preparation). We will also be paid a procuration fee from the lender.  A fee of £[xx] which is payable at the outset/application and £[xx]which is payable (on) when you apply/ completion for (of) a mortgage. We will refund any commission we receive from the lender. If we charge you a fee, and your mortgage does not go ahead, you will receive:  A full refund if the lender rejects your application  A partial refund if your application falls through  No refund if you decide not to proceed. None of these fees are refundable. For general insurance we do not charge a fee. We will be paid commission from the product provider. We may also receive commission or other form of benefit from working with the issuer of a security, a product provider or from another intermediary. We will inform you before the transaction if we are likely to receive such commission or form of benefit from recommending any product to you. In respect of any regular premium policy which we may recommend, should you subsequently cease to pay premiums on the policy and as a result of your cancellation we are obliged to refund product charges or other commission that has been paid to us we ...

Pure Protection Products. 12 If you buy a protection product you may elect that we are remunerated by commission. The commission is paid directly by the provider. Although you pay nothing up front that does not mean our service is free. The commission paid to us forms part of a ‘product charge’ which you pay when you purchase the product. Product charges pay for the product provider’s own costs and any commission payable to third parties. You may elect that we arrange for the protection premium to be discounted by the commission that otherwise might have been payable under the policy recommended. In this instance you will need to pay a fee appropriate to cover our advice and work. The amount of commission we receive will vary depending on the type of policy and (sometimes) the term of the policy or your age, as in the following example:

Pure Protection Products. If you buy a protection product you may elect that we are remunerated by commission. The commission is paid directly by the provider. Although you pay nothing up front that does not mean our service is free. The commission paid to us forms part of a ‘product charge’ which you pay when you purchase the product. Product charges pay for the product provider’s own costs and any commission payable to third parties. You may elect that we arrange for the protection premium to be discounted by the commission that otherwise might have been payable under the policy recommended. In this instance you will need to pay a fee appropriate to cover our advice and work, in accordance with paragraph 13.1 above. The amount of commission we receive will vary depending on the type of policy and (sometimes) the term of the policy or your age, as in the following example: If you were to pay £50 per month towards a Critical Illness policy we may receive commission of £1012.71 initially and roughly £15.12 every year from year 5 onwards.

Pure Protection Products. If you buy a protection product you may elect that we are remunerated by commission. The commission is paid directly by the provider. Although you pay nothing up front that does not mean our service is free. The commission paid to us forms part of a ‘product charge’ which you pay when you purchase the product. Product charges pay for the product provider’s own costs and any commission payable to third parties. You may elect that we arrange for the protection premium to be discounted by the commission that otherwise might have been payable under the policy recommended. In this instance you will need to pay a fee appropriate to cover our advice and work, in accordance with paragraph 13.1 above. The amount of commission we receive will vary depending on the type of policy and (sometimes) the term of the policy or your age, as in the following example: If you were to pay £13.04 per month towards a Life with Critical Illness policy we may receive commission of 0.004% of the sum assured £72,000, and a roughly £3.96 every month after 4 year of the cover being in force.

Pure Protection Products. If you take out a protection product (any product which insures you against a specified health risk) the commission is paid directly by the provider. Although you pay nothing up front that does not mean our service is free. The commission paid to us forms part of a ‘product charge’ which you pay when you purchase the product. Product charges pay for the product provider’s own costs and any commission payable to third parties. Any protection product you choose to take out will be arranged by Lumin Wealth Limited which is part of the Lumin VZ Group. Client Money

Pure Protection Products. If you buy a protection product you may elect that we are remunerated by commission, fee or a combination of both.

Pure Protection Products. If you buy a protection product you may elect that we are remunerated by commission. The commission is paid directly by the provider. Although you pay nothing up front that does not mean our service is free. The commission paid to us forms part of a ‘product charge’ which you pay when you purchase the product. Product charges pay for the product provider’s own costs and any commission payable to third parties. If you opt to pay us in this way, you need to be aware that these charges reduce the amount left for your investment

Pure Protection Products. In the event that you purchase a protection or insurance product with no investment component we will be paid by way of a commission payment from the relevant product provider. Any commission paid to us forms part of a “product charge” which you pay when you purchase the product and on an ongoing basis. The amount of commission we are due to receive for sale of a protection product will be dependent upon product type, premium and proposed policy duration. Commission shall however be clearly disclosed before you are invited to apply for cover. As an example, a term life and critical illness assurance policy over a 10 year term would typically generate commission to our firm of £670 based on a monthly premium of £37 per month, earned over the first four years of the term of the Plan, with commission of £0.93 per month payable thereafter to the end of the policy term. We do not handle client’s money. We never accept a cheque made out to us (unless it is a cheque in settlement of our fees or other charges or disbursements for which we have sent you an invoice). We do not handle cash. Cheques for payment will be required to be paid direct to the insurance provider. We will communicate with you in English. We will make arrangements for all your investments/contracts to be registered in your name unless you first instruct us otherwise in writing. You have a right to inspect copies of any records that we hold on file relevant to advice that we have given you. We reserve the right to give you copies of such documents rather than access to the original records. We will forward to you all documents showing ownership of your policies as soon as practicable after we receive them. Where a number of documents relating to a series of transactions is involved, we will normally hold each document until the series is complete and then forward them to you.

Pure Protection Products. If you buy a protection product you may elect that we are remunerated by commission. The commission is paid directly by the provider. Although you pay nothing upfront that does not mean our service is free. The commission paid to us forms part of a ‘product charge’ which you pay when you purchase the product. Product charges pay for the product provider’s own costs and any commission payable to third parties. You may elect that we arrange for the protection premium to be discounted by the commission that otherwise might have been payable under the policy recommended. In this instance, you will need to pay a fee appropriate to cover our advice and work. The amount of commission we receive will vary depending on the type of policy and (sometimes) the term of the policy or your age. For example, a Life Assurance policy with a regular premium of £25.00 per month could pay Giliker Xxxxx Independent Wealth Ltd a commission amount of £531.38. This can vary dependent on the type of cover and provider recommended.