- This agreement shall not be transferred to any other Person, Firm or Company without the prior written consent of Intasure.
- It is a condition of the Partnership that the Introducer must comply with the following financial accounting provisions:
a. All premiums and other monies received in respect of Intasure policies shall be the property of Intasure and shall be held in trust for Intasure.
b. All monies shall be paid to Intasure in full and (gross policy premium including fees and taxes) without deduction whatsoever.
c. All payments to Intasure shall be made by crossed cheque marked ”Account payee only” and made payable to Intasure.
- The Introducer has no authority to bind Intasure in any manner whatsoever. Cover will not be in force until agreed by Intasure and policy documents issued.
- It is a condition of the Agreement that the Introducer is not authorised to settle or negotiate the settlement of claims on behalf of Intasure.
- a. Intasure reserves the right to terminate or vary the terms of the Partnership at any time. Notice of such termination or variation shall be given to the Introducer in writing.
b. The Appointed Introducer may terminate the Partnership by giving Intasure one calendar month’s notice in writing. In the event of such termination the Introducer will account to Intasure in respect of all sums due and owing to Intasure within 10 days of the date of termination.
c. In the event of termination Intasure may make alternative arrangements for the future conduct of existing business and no commission shall be payable to the Introducer in respect of the said business after the date of termination whatsoever.
- All commission paid to Introducers is inclusive of any taxes or duties that may become due as a result of receiving the commission. Responsibility
for declaration and payment of Taxes/Duties remains with the Introducer.
- These terms and conditions shall be subject to and interpreted in accordance with the laws of England and Wales.
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