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Travelers Canada Broker Compensation Notice

 

Travelers Canada distributes its insurance Policies through contracted, independent licensed Insurance Brokers.

These brokers may receive a commission from us for placing insurance with Travelers Canada. These brokers may also receive additional compensation based on their overall relationship with us or for writing additional policies with us. As in other industries, this additional compensation rewards these producers for such things as achieving pre-set profitability goals, volume levels, growth targets, sales contest objectives or other measures we may set.

Insureds should direct any specific questions about their insurance representative's compensation to him or her.

Maximum Commission Schedule

Line of Business

Commission                                        

Commercial Automobile

5%-12.5%  

Property, Liability, Marine, Boiler and Machinery, Umbrella and Excess

10%-20%  

All Other

10%-25%  

Financial and Professional Services

5%-30%