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Sample Market Reports About Us Continuing Education Service Benefits Technology Concept & Practice Sample Market Reports
 
 

Service Fee

Ø  Service fee is a usage fee charged at the policy inception, dollar amount per policy, per policy term. Service fees vary based on policy management difficulty. For example: annual premium policies, installment or financed premium policies, audit premium policies, number of endorsements, etc.;

 

Ø  Service fee is scalable depending on the number of policies an agency transacts during the month;

 

Ø  Service fee equals the service provider’s labor cost; it includes no charge for the use of NOBL technology;

 

A minimal one-time fee is charged for initial NOBL software installation and setup.

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