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Fees

Section 12362111

Updated 05/09/16

Frequently Asked Questions

  • A counselor must state the fee in a written agreement signed by both the counselor and the client. Further, the counselor must disclose that the counselor receives a commission from the insurer on any insurance placed by the counselor acting as an insurance producer.

  • No. Although a producer may collect premium via credit card if allowed by the insurer, an additional processing fee may not be charged. Insurance rates are filed with DIFS and allowable fees are included in the premium charged.

The answers provided are not meant to be a substitute for legal advice.