January 25th, 2015 | Canadian Business
Thank you for your business. Insurance Hunter Services Inc. (IHS), and its’ brands would like to make you aware of who we are and how we are compensated.
IHS receives compensation in two ways. First, a base commission is paid by the insurer on the premium we charge you that relates to the work effort, underwriting and other policy administration expenses borne by IH. This base commission will vary from 9% to 20% depending on the product line and insurer. Second, a contingent commission may be paid to IH if an insurer represented by IH achieves certain underwriting results. The methodology for calculating the payment will vary by insurer, but generally the contingent commission, if paid, will range from 0.25% to 2.2% of the premium that IH produces for that insurer.
IH represents the following insurers*:
*Brand and product availability varies by Province.
Your insurer will be providing you with a Consumer Code of Rights and Responsibilities that will be forwarded to you with your policy. If you have any questions regarding the above or any aspect of your insurance please contact us at:
Or write to us at:Insurance Hunter Services Inc.