Reimbursement from third parties <\/strong><\/p>\nThe client is aware of the fact and accepts that, within the framework of its activities as a broker, or on the occasion of the completion of orders, SPI receives or could receive reimbursement (e.g. commission, broker’s fee, etc.) from third parties, in particular from insurance companies. Should SPI receive reimbursements of this kind which, pursuant to current case law or pursuant to applicable statutory stipulations, it is obliged to pass on to the client, the client expressly agrees to SPI\u2019s receiving this reimbursement in addition for its activities for the client. By furnishing his signature on the broker\u2019s mandate, the client expressly declares that he waives the hand-over of this reimbursement. \u00a0Unless otherwise agreed, the settlement pursuant to 5d <\/strong>shall apply. Should the client subsequently wish for an alternative form of settlement, the client shall forgo as described a retroactive hand-over of the reimbursement from third parties. In the addendum to the General Terms and Conditions of Business, the client received a list with the approximate rates of compensation of the insurance companies. This is for the purpose of information and transparency. With this list, the client is aware of the reimbursement which he is foregoing.<\/p>\n\n- Services <\/strong><\/li>\n<\/ol>\n
SPI shall look after and advise the client in insurance matters. This shall include, in particular, the supervision of all existing insurance agreements, the monitoring of the insurance requirements and the insurance portfolio, periodic examination of the premium offers on the insurance market, the obtaining of offers from various insurance companies, renewal and conclusion of insurance policies and support in the case of the occurrence of an insured event.<\/p>\n
for farther-reaching contract work, a consultancy fee shall be charged by mutual agreement.<\/p>\n
\n- Client details \/ Verification of legitimation <\/strong><\/li>\n<\/ol>\n
The client undertakes, when accepting an insurance assignment, to pass on all personal and factual information truthfully to SPI. In particular, the correctness of client statements in health matters is essential. The concealment of facts or illnesses can lead to a breach of the duty of disclosure. The consequence would be the insurance company providing no performance or only reduced performance in the case of the occurrence of the insured event, and withdrawing immediately from the contract. SPI undertakes to diligently examine the legitimation of the client and the authorized agents. Losses arising from the failure to recognize failings in the legitimation and forgeries or deception shall be borne by the client, provided SPI has applied due diligence.<\/p>\n
\n- Transmission errors <\/strong><\/li>\n<\/ol>\n
Losses arising from the use of post, telefax, telephone, e-mail and other types of transmission or transport, such as loss, delay, misunderstandings, mutilation or duplication, shall be borne by the client, provided SPI has applied due diligence.<\/p>\n
\n- Client\u2019s duty to cooperate <\/strong><\/li>\n<\/ol>\n
The client undertakes to observe his duty to cooperate. In the case of an alteration of the material risks (e.g. location, activity, insurance sum, etc.) the client undertakes to notify SPI immediately. The same shall apply for new material risks. Should the client determine errors in an insurance policy, SPI is to be notified immediately.<\/p>\n
Should losses arise from the client\u2019s omission, SPI shall not be liable.<\/p>\n
\n- Copyright <\/strong><\/li>\n<\/ol>\n
The evaluation documents and concepts submitted to the client by SPI are subject to copyright, protecting the non-material and material interests of the copyright holder in his intellectual property.<\/p>\n
\n- Miscellaneous <\/strong><\/li>\n<\/ol>\n
Amendments to the General Terms and Conditions of Business shall be valid only when they exist in written form and have been signed by SPI.<\/p>\n
\n- Applicable law and court of jurisdiction <\/strong><\/li>\n<\/ol>\n
SPI retains the right to amend the General Terms and Conditions of Business at any time and adapt same to the statutory stipulations. In the event of disputes between the client and SPI, Swiss law shall apply. Court of jurisdiction shall be the business address of SPI.<\/p>\n
\n- Compensation by Third Parties<\/strong><\/li>\n<\/ol>\n
Industry Clause in % of Net Premium Normal Rate
Property Insurance: 7.5 to 15% of Net Premium (Normal Rate: 15%)
Liability Insurance: 7.5 to 15% of Net Premium (Normal Rate: 15%)
Legal Expenses Insurance: 15% of Net Premium (Normal Rate: 15%)
Motor Vehicle Liability Insurance: 4 to 10%
Motor Vehicle Comprehensive Insurance: 7 to 15%
Motor Vehicle Collision Insurance: 7 to 12%
Motor Vehicle Accident Insurance: 7 to 15%
Accident Insurance: 3 to 7% of Net Premium (Normal Rate: 5%)
Accident Supplementary Insurance: 15 to 17.5% of Net Premium (Normal Rate: 15%)
Daily Sickness Benefits Insurance: 7.5 to 10% of Net Premium (Normal Rate: 7.5%)
Group Life Insurance: 0.5 to 1.8% of Net Premium (Normal Rate: 1%)
Individual Life Insurance 3a & 3b: 0.7 to 5.3 % of Production Sum*
Mandatory Health Insurance: CHF 70
Supplementary Health Insurance: Between 3-16 Net Monthly Premiums<\/p>\n
*The production sum is composed of the paid net premiums (excluding stamp duty), the duration, and the product-specific coefficient. Production-specific coefficients range between 0.1x and 1.2x<\/p>\n<\/div><\/div>