SCHEME FOR REAL ESTATE AGENTS
Earn referral fees from TICA Insurance.
TICA is pleased to advise Real Estate Agents that they are able to earn a referral fee from Landlord Insurance policy placed through TICA under a “scheme” policy.
The referral is under an arrangement between you and TICA and is paid by TICA to members upon the expiry of the scheme policy at each twelve-month anniversary.
How does it work?
Offices take out a master (scheme) policy with St George in the name of your clients which will have a common expiry date and annex all further new policies to the scheme. One renewal invoice will be issued by St. George Underwriting Agency for all policies to the member and the member draws one cheque to St. George. St George also provides you with individual tax invoices for each owner.
TICA is excited about this product and has worked hard for it's members to bring this about. Your clients now have access to one of the best landlord policies in the market backed by one of the worlds largest insurance companies.
Your referral fee, your choice
Members will be pleased to know that they have a choice of what they can do with their referral fee -
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Have the fee paid to the member by TICA; or |
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Arrange for TICA to donate the referral fee or part thereof to the member’s favourite charity; or |
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Members can negotiate a lower premium in lieu of a fee. |
The choice is yours and better still, if there is a referral fee to be paid your office does not have to commit to a choice of what is done with it until the renewal of the policy. The same referral fee is payable not only on the initial policy taken out but every renewal thereafter. Of course your office will need to advise their clients that they will receive a referral fee. |