Brokerforce Insurance Inc., Disclosure Policy Statement
It is important for you, our customer, to know our firm
is a truly independent insurance brokerage. No insurance
company owns shares in our company. Therefore, we are
in a position to provide objective, unbiased professional
service and advice on your insurance needs. We value this
independence, and consider the maintenance of this independent
stature to be of the highest importance.
Our statement on services provided:
Our role is to provide our clients with the best insurance
value, combining coverage, service, and price. We
also provide personalized, quality service that includes
professional insurance advice, ongoing policy maintenance
and claims support. When any issue arises regarding
your insurance coverage, we are your advocate using
our professional experience to best represent your
individual interests.
Brokerforce Insurance Inc., Statement
on broker compensation
See commission summary below.
Brokerforce Insurance Inc., Statement
on broker contingent (profit) commission
In order for us to maintain strong relationships with
quality insurers, we work with each to provide the type
of business they desire. Our contracted insurance companies
recognize our efforts through a contingent commission
contract. Payment of contingent commissions may depend
on profitability, volume, retention of business and
continuous growth. Contingent commission is not guaranteed.
For detailed information on contingent commissions,
please refer to the individual company's website.
Our disclosure statements are made in the best interest
of our clients. We encourage you to also consult the
commitments made by the insurance industry and individual
companies by consulting their websites or other available
information.
Brokerforce
Insurance Inc.
|
Brokerforce
Insurance Inc., Summary of Brokerage Commissions
(expressed as a percentage of premium)
|
|
COMPANY
|
Personal
Auto
|
Personal
Property
|
Commercial
Auto
|
Commercial
Property
|
| AVIVA Insurance
Co. |
N/A
|
N/A
|
7.5
to 12.5
|
10
to 20
|
|
AMERICAN HOME Ins. |
N/A
|
N/A
|
N/A
|
20
|
| AVIVA ELITE |
N/A
|
20
|
N/A
|
N/A
|
| DOMINION OF CANADA
Insurance Co. |
7.5
to 12.5
|
20
|
7.5
to 12.5
|
10
to 20
|
| LOMBARD CANADA |
N/A
|
N/A
|
7.5
to 12.5
|
10
to 20
|
| ING Insurance
Co. |
7.5
to 12.5
|
20
|
7.5
to 12.5
|
10
to 20
|
| ST.
PAUL Insurance Co. |
N/A
|
N/A
|
7.5
to 12.5
|
10
to 20
|
| PAFCO Insurance
Co. |
12.5
|
N/A
|
N/A
|
N/A
|
| JEVCO Insurance
Co. |
7.5
to 15
|
N/A
|
N/A
|
N/A
|
| ROYAL & SUN
ALLIANCE |
2.0
to 11
|
N/A
|
7.5
to 10
|
N/A
|
| WAWANESA
Mutual |
7.5
to 12.5
|
20
|
7.5
to 12.5
|
10
to 20
|
| YORK FIRE &
CASUALTY |
7.5
to 12.5
|
20
|
7.5
to 12.5
|
10
to 20
|
| KINGSWAY
GENERAL |
7.5
to 12.5
|
N/A
|
7.5
to 12.5
|
10
to 20
|
|
