Disclosure

Broker Compensation
Brokerage compensation is part of your insurance premium. At J.P. Uniac Insurance Broker Ltd. we are compensated through either a commission percentage or specifically identified fees. This is common practice in our industry and for your benefit we have identified the range of commissions we receive for each type of insurance policy issued.

Auto Insurance

Aviva 10-12.5% *                            *Definity Insurance 10-12.5%

Echelon 12.5-13.5%                       Facility (Nordique) 7.5%-11%     *Trillium Mutual 10-12.5%          Cap at($155/$310)

Germania 10-12.5%                       Howick Mutual 10-12.5%

*Intact Insurance 10-12.5%          *Travelers 10-12.5%

Usborne and Hibbert Mutual 10-12.5%

Wawanesa Mutual 10-12.5%        Optimum 10-12.5%

Our normal commission ranges from 7.5% to 12.5% — In some very rare instances it varies from a nominal flat fee to 15%

Home Insurance
Our normal commission ranges from 10% to 20%

Commercial Insurance
Our normal commission ranges from 5% to 20%

We are neither owned nor controlled by any insurance company and operate under their standard company contracts. These contracts, in some instances, provide for contingent profit commission (* beside those Companies above) based upon the underwriting profitability of the total business with the specific carrier. This is standard within our industry and varies little company by company.

If you would like specifics concerning our compensation policy with a specific carrier or as it relates to your policy we would be glad to provide.