Broker Agency Agreement Page 6
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7SCHEDULE ATTACHING TO AND FORMING PART OF
BROKER AGENCY AGREEMENT
Clause 1 - Commissions
Class of Business
Commission
Commercial Motor
10%
Commercial Bus
10%
Motor Fleet
10%
Bus Fleet
10%
Carriers Transit
15%
Public & Products Liability
15%
Business Pack
15%
Clause 2 - Interim Contracts of Insurance
Commercial Motor -30 days from and including the date of inception of the contract of
insurance.
Motor Fleet – 30 days from and including the date of inception of the contract of
insurance.
Commercial Bus -30 days from and including the date of inception of the contract of
insurance.
Bus Fleet -30 days from and including the date of inception of the contract of
insurance.
Combined Carriers – 30 days from and including the date of inception of the contract of
insurance.
Public & Products Liability - 30 days from and including the date of inception of the
contract of insurance.
Business Pack – 30 days from and including the date of inception of the contract of
insurance.
Clause 3 – Terms for Payment of Premiums to Us
Within 60 days of inception or renewal of the contract of insurance.
Page 6 of 7
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