Schedule of Fees

Acorn Insurance is primarily remunerated by commission from insurers on the completion of business and at renewal. Details of this remuneration are available on request. Details of these commission arrangements are available under Remuneration on our website.
Acorn Insurance may also apply administration charges at policy outset and at renewal to cover the cost of setting up and administering client policies.

 

 

Non-Life (Personal Lines) Fees

 

Personal Home, Motor Insurance

Maximum charge applied for new and renewal of policy €100

Travel Insurance

Maximum charge applied for new and renewal of policy €50

MIS Breakdown

Maximum charge applied for new policies and at renewal €8

Mid Term Alteration

Maximum charge applied for mid term alteration €25

Cancellation

Maximum charge applied for cancellation €20

Premium Financing Payment Plan

Premium Finance Charge of 7.9% (APR 22.8%)

€5 on represented instalments due to non-payment

€15 on failed instalments that require manual payment

Acorn Insurance reserves the right to amend these fees should the complexity of the product or service require a higher fee. We will confirm and agree this fee with you prior to any increased fee being applied. Fees for these cases may be up to 20% of the premium or to a maximum of €300.

 

Life and Pensions Fees

Director/Senior Consultant €250 per hour

Consultant €150 per hour

Administrator €100 per hour

Annual Review Fee 0.5% of the fund

Acorn Insurance also reserves the right to waive these fees and / or to vary the maximum level of charges in the future. The amount of these charges will be detailed to clients when taking out and renewing their policies.
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This information is provided in accordance with Section 4.56 of the Consumer Protection Code 2012 and is effective October 2023.

Acorn Insurance, St Augustine Street, Galway.

Acorn Brokerage Limited, trading as Acorn Insurance, is regulated by the Central Bank of Ireland.

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