Compensation Disclosure to Our Clients

Thank you for your business. At CIBI we assist you in selecting insurance products and services that are available, proper and understandable.

Our role is to provide you with the best insurance value that combines coverage, and service We also provide personalized, quality service that includes professional insurance advice, ongoing policy maintenance, and claims support and advocacy. When any issue arises regarding your insurance coverage, we’re there for you as your advocate, using our professional experience to best represent your interest.

Consistent with industry practice, we receive compensation (“commission”) as part of your insurance premium or as a separate fee, fees are always disclosed and agreed to by you, the customer. The range of compensation for each company and class of business varies. Details are available to you at any time should you request them.

Some, but not all, of the insurers we represent may pay us additional commission that we refer to as contingent profit commissions. Payment of this contingent profit (not guaranteed) commission is payable on our property, casualty or automobile business lines (but not for group benefits & retirement planning). The contingent profit commission depends on a combination of the following factors: growth, profitability (loss ratio), total volume, retention and increased services that we provide on behalf of the insurer for a designated period of time. Contingent profit commission is not guaranteed nor is it the same calculation for each company. Contact us anytime if you require further information.