Entire Act

11.3. Disclosure of costs and remuneration


11.3.1. Disclosure of costs

An Insurance Intermediary must provide details of the costs of each Contract of Insurance or Insurance Intermediation service offered to a Client.

11.3.2. Disclosure of new costs

An Insurance Intermediary must ensure that it does not impose any new costs, fees or charges without first disclosing the amount and the purpose of such costs, fees, or charges to the Client.

11.3.3. Disclosure of commissions and other benefits

An Insurance Intermediary must, at the request of any Client, disclose to that Client any commissions or other benefits that it receives in connection with its Insurance Intermediation for that Client.