The commission rates are based on minimum term of 12 years +. Please refer to the providers websites for rates on terms of less than 12 years . The rates expressed are the gross amount of commission paid by the provider , including the 2.5 % override that is paid to SimplyBiz Services Ltd . The net rate is the amount you will receive , which is less the 2.5 %.
Notes : 1 . Aegon offers two rates of either 206.95 % without renewal commission or 201.35 % with renewal commission at 2.5 %. The default agency will be 201.35 %. 2 . Guardian offers two rates either 210.00 % without renewal commission or 205.00 % with renewal commission at 2.5 %. The default agency will be 205.00 %. 3 . The Exeter products available are Pure Protection Plus , Income One Plus and Real Life – cover for chronic or serious health conditions ( Impaired Life ).
If you have any queries or are looking for advice , please contact protection @ simplybiz . co . uk
EDITION 1 , SPRING / SUMMER 2022 |
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