What fees could I be charged?

The terms and conditions of your Close Brothers Premium DAC agreement with us outline the fees you could be charged by us. These will vary depending on whether you're an individual (personal lines customer) or a business (commercial lines customer), but they could include:

 

Facility fee – for setting up your credit agreement

Personal: €0

Commercial: Variable depending on premium size

 

Cancellation fee – if you cancel your credit agreement

Personal: €0

Commercial: €15


Default fee – if you miss a payment

Personal: €0

Commercial: €40

 

Your insurance broker may also charge you a fee for setting up your credit agreement.

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