If you are a business customer, your insurance is based on the information provided to the insurance company. This means that you must make a “fair representation of risk” and that you must provide insurers with anything that could influence an insurer`s judgment when setting the premium, setting the conditions or deciding to take over the risk. 8.3 Information is essential if it influenced the judgment of a prudent insurer in the decision to accept risk at a reasonable premium or to impose relevant conditions, conditions or guarantees. 8.7 Nothing in this Agreement grants the Broker the power to vary the insurance business, to amend documents or guidelines and/or to require the Company to do so otherwise than as expressly agreed in this TOBA. 8.1 The intermediary shall at all times be obliged to fully ensure professional liability and to comply with the conditions of this Directive, which are appropriate to cover the intermediary`s liability in relation to its transactions with rul and compensation imposed by the intermediary`s regulatory authority. 4.1 The broker undertakes that all premiums received by the broker for the risks related to the company will be paid immediately and under the terms of payment (premium payment guarantee) to the company (see later – and will not be held by the broker for a period beyond ppW). 21.1 This Agreement contains the entire agreement between RUL and the intermediary regarding their subject matter, unless expressly stated in this Agreement. It replaces any prior written or oral agreement between the parties. When RUL transacts with the intermediary electronically (whether internet, electronic data interchange, e-mail, imarket, intranet or otherwise), the intermediary, the terms of this agreement, all applicable terms communicated to it from time to time by RUL, undertake to comply with the terms of a contract between the intermediary and any party providing facilities for such electronic commerce. ronique, and strictly respect all drawing parameters. functional controls and restrictions within the relevant electronic system. 4.7 RUL has the right to take into account all sums promised to it under this Agreement, whether in respect of premium or otherwise, on commissions due to the intermediary, regardless of when such commission is or has been paid (including, for the avoidance of doubt, all amounts that were to be paid prior to the entry into force of this Agreement and/or under previous commercial conditions).
In circumstances where we believe we can no longer offer services to you; We will notify you at least 7 days in advance. Valid reasons may be non-payment of premiums or fees, non-payment of requested documents or information, deliberate non-compliance with the conditions set out in the terms and conditions or the insurer`s documentation, or deliberate misrepresentation or secrecy or attempted fraud. 13.4 Except as provided in this Agreement and subject to this Agreement, no termination shall affect the payment of the commission due to the Intermediary in respect of transactions that have already been initiated or the liability of the Intermediary to pay an amount to RUL in accordance with any provision of this Agreement. Termination of this Agreement is without prejudice to any other rights and obligations acquired by the Parties that exist beyond termination. 25.1 RUL takes all complaints very seriously and strives to resolve them fairly and in a timely manner. If the intermediary wishes to lodge a complaint, either in writing or orally, in connection with a matter concerning the services received, from RUL or another matter, these should be addressed to The Compliance Officer, Renovation Underwriting Ltd, 17 Church Walk, St Neots, Cambs, PE19 1JH or by e-mail to email@example.com Read or terms and conditions, to see how we work We are covered by the financial services clearing system (FSCS) for our insurance mediation services….