How Co-operators Agents are Compensated with Respect to Echelon Insurance Business
As an insurer, Echelon Insurance contracts with Co-operators Agents in various parts of Canada. They have the expertise to assess your insurance needs, provide advice and recommend coverage on your behalf. We take great care in ensuring that Echelon Insurance and the Co-operators Agents it deals with operate to the highest professional standards.
Agents are compensated in the form of a commission payment derived from a percentage of your insurance premium. Agents are obligated to disclose their commission earnings on a client’s policy, if so requested.
The following is a breakdown of the commissions paid by Echelon Insurance to contracted Agents:
|Private Passenger Automobile||8.5%|
Contingent Profit Commission (CPC)
Echelon Insurance does not pay contingent profit to its agents.
From time to time, Echelon Insurance may produce contests designed to improve efficiency of operation.
Agent Ownership and Business Loans
Echelon Insurance has no financial ownership in any agency nor does it provide loans to any agents.
If you have any queries, please email us at email@example.com or contact your insurance Agent.