Disclosure

Your Right to Transparency

As an independent insurance broker, Oegema Nicholson & Associates (ON&A) takes pride in the fact that we can provide you with the best available insurance coverage in today’s competitive marketplace. Our years of tenure and professional experience, coupled with our honoured principles of fairness, honesty, and integrity has laid a trustworthy and valued relationship with the companies we represent. Our highly trained and skilled staff members are therefore in the envied position to negotiate the most effective, affordable, and understandable insurance solution on your behalf.

We are pleased to have the opportunity to present the following list of Automobile and Property Insurers we represent, and in the spirit of transparency have included the range of compensation that is a part of your insurance premiums.

Note that the commission percentages are paid annually or semi-annually for both new insurance solutions and renewals.

Company                                                               Automobile                                          Property

Aviva Elite/Aviva                                                  10.0%-12.5%                                         15.0%-20.0%

Axa Canada*                                                         10.0%-12.5%                                         20.0%

Echelon Insurance*                                             10.0%-12.5%                                         Not Applicable

Economical Group/Federation*                        10.0%-12.5%                                         20.0%

Intact Insurance*                                                 10.0%-12.5%                                         20%

Jevco                                                                      5.0%-15%                                              Not Applicable

Lanark Mutual*                                                    10.0%-12.5%                                         20%

North Waterloo Farmers Mutual*                    10.0%-12.5%                                         21.0%

Pafco                                                                      12.5%                                                     Not Applicable

Perth Insurance                                                   5.0%-12.5%                                           20.0%

Pilot Insurance                                                     10.0%-12.5%                                         20.0%

Royal & Sun Alliance*                                         10.0%-12.5%                                         20.0%

Facility Association (Royal)                                 Stated Fee                                             Not Applicable

                                                                                Max $250.00 per item

Wawanesa Mutual**                                          10.0%-12.5%                                         20.0%

Western Assurance*                                          10.0%-12.5%                                         20.0%

Western General*                                               10.0%-12.5%                                         20.0%

* Denotes that ON&A may qualify for a contingency bonus based on volume, profitability, and growth

** Denotes that ON&A qualifies to participate in a Registered Pension Plan, whereby the insurer co-contributes to the plan (contributions amount to less than 1.0% of the total premium)

Should there be an increase in the commission schedule we receive from your insurer, or any other material change that affects the compensation arrangement, ON&A will inform you.

If you have questions regarding the aforementioned Disclosure, please do not hesitate to contact our office at your convenience.