Insurance Terms Of Business
The following terms of business agreement sets out the basis on which ashburnham insurance services limited 80 london road southend on sea essex ss1 1pg will provide business services to you as a consumer or commercial client of the firm.
Insurance terms of business. Unless otherwise agreed in writing if our relationship ends any transactions previously initiated will be completed according to these terms of business. The definitions in this glossary are developed by the naic research and actuarial department staff based on various insurance references. These definitions represent a common or general use of the term. It is an importantdocument which sets out the termson which we agree to act for our clients and which we intend to rely on.
This page provides a glossary of insurance terms and definitions that are commonly used in the insurance business. Alternatively you must disclose sufficient information that would put the insurer on. We are happy to answer any questions and willing to explain these terms and the reasons. Please contact us immediately if there is anything in these terms of business which you do not understand or with which you disagree.
Some words and or phrases. These are the terms of business of allianz p l c. You will be liable to pay for any transactions concluded prior to the end of our relationship and we will be entitled to retain commission received for conducting these transactions together with all fees charged. Terms of business agreement.
New terms will be added to the glossary over time. This is an important document so please read it carefully. In the absence of any specific acceptance communicated to us by you whether verbal or. You should make any request for the cancellation of a policy to the contact details included within this terms of business either by letter email or phone.
If your insurance policy is cancelled either by us or if requested by yourself a cancellation fee of 85 00 will be levied against all policies unless you are replacing your policy through our agency. This document sets out the basis upon which we will act for you and details how we will act for you our responsibilities to you and your responsibilities to us your insurer or insurers and to other third party providers. No fees previously charged by us. Terms of business terms of business effective from 27th august 2018.
Please read these terms carefully. In circumstances where we feel we cannot continue providing services to you we will give you a minimum of 7 days notice. Introduction these terms of business explain the services we offer how you will pay for our services and our regulatory status. It is important that you read this document in full and that you contact us if there is.
If you have any questions about this terms of business document or have any questions regarding our relationship with you please contact us. Accepting our terms of business by asking us to quote for arrange or handle your insurances you are providing your informed agreement to these terms of business. Client terms of business agreement general insurance 1. This document is a requirement of the central bank of ireland and is intended for your protection as a consumer.
Between us relating to our appointment as your agent in connection with the arranging and administration of your insurance. If the insurance is arranged wholly or mainly for purposes related to your trade business or profession you have a duty of fair presentation which means you must disclose every material circumstance and take reasonable searches which is important to the assessment of your insurance risk.
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