Copyright ©2012 All rights reserved
Dooley Insurances Ltd. t/a Dooley Insurance & Mortgage Brokers is regulated by the Central Bank of Ireland
Dooley Insurances Ltd
Office Suite 2A
Sycamore House
Millennium Park
Naas
County Kildare
Tel: +353 (0) 45 431642
Fax: +353 (0) 45 434170
Remuneration to the Company
The Company is remunerated through commissions and other payments from insurers and product providers.
We may also charge service fees and transaction handling charges. We confirm that these fees will not exceed 100% of the premium involved, but can be subject to a minimum of €60. In other circumstances where fees are chargeable or where you choose to pay in full for our service by fee, we will notify you in writing in advance and agree the scale of fees to be charged if different from fees outlined in this notice.
The extent of the remuneration is determined by the complexity or otherwise of the matter under review. These services include product and provider selection, risk management advice, specialist skills and claims handling.
Mid term alterations to all Motor or Commercial Insurance policies can result in an administration fee of €10 where there is an additional premium charged by an insurer exceeding €20
An additional administration fee in addition to the above of €60 will be charged on all policies that are paid via Premium Finance.
Any premiums paid via Premium Finance are subject to a minimum 1% rate up to a maximum of 5% rate charged in addition to the base rate.
If we provide mortgage advice and obtain a Loan Offer for you and you subsequently do not proceed with your mortgage application through our firm, we will charge you an arrangement fee of €495 for our services. If we receive commission from a product provider, this will be offset against the fee which we will charge you. Where the commission is greater than the fee due, the commission will become the amount payable to the firm unless an arrangement to the contrary is made.
Commissions are clawed back in full or in part for mortgages redeemed typically within 3 years (or 5 years in the case of PTSB). We reserve the right, in the event of a clawback, to bill the client for that same amount. This will become a legally enforceable debt in favour of the company.
We may also charge a fee for giving advice and/or helping prepare a file for application to an lender for mortgage. This file may be taken by you and used for submission to any mortgage lender. This fee will be to a maximum of €495. The fee will be agreed in advance with you and will also be payable in advance. The fee will reflect the complexity, urgency and time required to prepare the mortgage file.
There are no fee’s charged on Aviva Health products.
Life Fees
You may elect to deal with us on a fee basis.
Principles / Directors €454 per hour
Senior Advisers €227 per hour
Sales Staff €115 per hour
Support staff € 50 per hour
Additional fees may be payable for complex cases or to reflect value, specialist skills or urgency.