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Referral Fees

Referral Fees

Sections 1207(3); 1240(4)

Updated 05/09/16

Frequently Asked Questions

  • Yes, so long as payment of the referral fee is not contingent upon a referral applying for or purchasing a policy.

  • No, so long as payment of the referral fee does not violate MCL 500.2024, which prohibits rebating or inducement.

  • Yes.

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