Insurance Compensation Disclosure Requirements | The Good, Bad and The Ugly

2022-02-10

More regulations for the broker, but this could be a game-changer. Brokers are now required to disclose their compensation to their clients. Check it out: Direct and indirect compensation The good, bad, and the ugly Free services that should actually be paid for by you, the policyholder/employer Get what you are paying for in your premiums or directly to the insurance broker Know the expectations and boundaries of the scope of work and the compensation For more information on Elite Benefits...

More regulations for the broker, but this could be a game-changer. Brokers are now required to disclose their compensation to their clients. Check it out:

Direct and indirect compensation
The good, bad, and the ugly
Free services that should actually be paid for by you, the policyholder/employer
Get what you are paying for in your premiums or directly to the insurance broker
Know the expectations and boundaries of the scope of work and the compensation

For more information on Elite Benefits of America, contact Butch at 708-535-3006 or visit EliteBenefits.net

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