Common Contracts

BACKGROUND

January 25th, 2023

• Filed
  January 25th, 2023

On or about 10 March 2003, Charter Life Insurance Company Ltd (“Charter”) entered into a written broking Agreement (“the Agreement”) with ECE Financial Holdings (“ECE”). In terms of the Agreement, ECE was to act as an independent intermediary for Charter’s financial products and as compensation for same, ECE would receive commission on premiums Charter would receive for the duration of the Agreement, on contracts issued pursuant to proposals submitted by ECE.