Ask Acorn is primarily remunerated by commission from insurers on the completion of business and at renewal. Details of these commission arrangements are available under Remuneration on our website. Ask Acorn may also apply administration charges at policy outset and at renewal to cover the cost of setting up and administering client policies.
Non-Life (Personal / General Insurance) Fees
Personal Home, Motor Insurance
Maximum charge applied for new and renewal of policy €100.
Travel Insurance
Maximum charge applied for new and renewal of policy €50.
MIS Breakdown
Maximum charge applied for new policies and at renewal €8.
Mid Term Alteration
Maximum charge applied for mid-term alteration €25.
Cancellation
Maximum charge applied for cancellation €20.
Premium Financing Payment Plan
Premium Finance Charge of 7.9% (APR 22.8%).
€5 on re-presented instalments due to non-payment.
€15 on failed instalments that require manual payment.
Ask Acorn reserves the right to amend these fees should the complexity of the product or service require a higher fee. We will confirm and agree this fee with you prior to any increased fee being applied.
Life and Pensions Fees
We do not charge any fees for Life and Pension business. We are remunerated by commissions paid to us by the insurers or product providers. Details of these commission arrangements are available under Remuneration on our website. This information is provided in accordance with Section 4.56 of the Consumer Protection Code 2012 and is effective April 2024.