Rightaway Insurance, LLC as an independent brokerage - Clients are subjected to "brokerage fee" is a fee or commission a broker charges to execute transactions or provide specialized services on behalf of clients. Brokers charge brokerage fees for services such as purchases, sales, consultations, negotiations, and delivery
BETWEEN: [RightAway Insurance, LLC] (“the insurance brokerage”), an individual with Main address located OR a
corporation organized and existing under the laws of the Maryland Insurance Administration.
1. Brokerage Service Fee:
The client hereby pays RightAway Brokers to broker/solicit insurance products due to desire to buy certain products.The Broker fee is subject to the requirements of Section 1373(a)(11) and Section 1342(n)(3)(A) of the Internal Revenue Code.The broker will take part in the transaction between parties but payment is not dependent on success of this transaction. Upon determination of broker fee the Broker shall issue an invoice to the client/customer and payment shall be due before the origination of premium. Acceptable forms of payment include: credit, debit, or electronic funds transactions. This Agreement represents the entire agreement with respect to the subject matter hereof and terminates and supersedes all prior understandings or agreements with matters. This provision may not be amended.
2. Legal Construction:
In the event any or more of the provisions in the contained agreement shall for any reason be enforced in any respect for:illegality, or invalidity - this agreement shall be nullified and passed over to the goveneed laws of the states and insurance commissioner. The client agrees to compensate the transaction to the broker. The client/customer agrees the Broker is the agent and is acting in a fiduciary capacity.
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