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REMUNERATION AND FEES

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O’Malley Scanlon Insurance Brokers Limited are usually remunerated by commission received from the product providers for the work involved in placing an order and finalising the product with them on your behalf. On a scale of between (0 – 20% depending on product producer and product type). Details of remuneration in relation to your policy are available on request.
An administration fee is also charged in the activities involved in arranging your policy, midterm alterations, renewals and cancellations. Once a policy is put on cover the administration fee is non-refundable.

Set out hereunder is the maximum scale of fees charged by us in respect of non-life insurance arranged with Product Producers from whom we hold letters of appointment:

CREDIT/DEBIT CARD FEES

When paying by credit/debit card the following fee applies:
1.75% on Personal Credit Card Transactions
1.95% on Corporate Credit Card Transactions
0.25c on Debit Card Transactions

 

Type of Policy

New & Renewal Business

Mid-Term Adjustments

 

Tractor Insurance

€25.00

€20.00

 

Private Car Insurance

€40.00

€25.00

 

Commercial Vehicle Insurance

€40.00

€25.00

 

Household Insurance

€25.00

 

€20.00

 

 

All Other Business

€30.00 up to €100.00

€20.00

 

Direct Debit default

€10 for default Debits

 

 

Travel Insurance

€20.00

No Fee

 

Pleasure Craft Insurance

€20.00

No Fee

Marine Insurance

€20.00

No Fee

 

O' Malley Scanlon Insurance Brokers Ltd
is regulated by the Central Bank of Ireland