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Referral Fees

Sections 1207(3)1240(4)

Updated 05/09/16

Frequently Asked Questions

  • May an unlicensed individual provide a list of referrals to a licensed producer for a fee?

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

  • Is there a limit on the dollar amount or value of the gift or service offered as a referral fee?

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

  • May an attorney acting as a counselor that is not licensed as a counselor provide referrals to a licensed producer for a fee?

    Yes.