Common use of Incidental Fees Clause in Contracts

Incidental Fees. Incidental Fees charged to an Applicant or Insured shall be limited to a charge for premium installments, late payments, policy reinstatements or other similar services as described in Mo. Code Regs. tit. 20 § 700-1.150(3). Producer shall not charge any Incidental Fee for a service that it has not provided to the Insured or Applicant. Any fee charged by the Producer for permitting Insureds or Applicants to make a premium payment by credit card shall be limited to the amount charged to the Producer by the Insured’s or Applicant’s credit card company. All Incidental Fees charged by the LIBERTY or Producer shall be disclosed in writing to the Insured or the Applicant at or before the time the fee is charged, and Producer shall post a conspicuous notice of all Incidental Fees that it charges at every location from which it conducts business in Missouri.

Appears in 3 contracts

Samples: Producer Agreement, Producer Agreement, Producer Agreement

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