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Under current BC laws representation agreements can also cover significant financial matters such as the purchase or sale of real estate.
Where the form is signed by a Principal or Network on behalf of an Appointed Representative, it undertakes to inform its Appointed Representative of the Terms of Business and ensure they are If a representative is temporarily or permanently unable to act or continue to act, then the alternate appointed in the Representation Agreement will need to take the place of the representative.
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This document has been produced based on an original agreement drawn up by Higos Insurance Services Ltd of Wells, Somerset, who have given their kind permission to produce in. The agreement enables an AR to carry on insurance distribution and, optionally, consumer credit activity, on your firm's behalf. Appointed Representative Agreement A document which may be used as the basis for developing an agreement between your firm and a prospective Appointed Representative (AR).
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