SCHEDULE OF FEES & CHARGES – NON-LIFE INSURANCE & HEALTH INSURANCE

McCarthy Insurance Group is remunerated by a Professional Fee paid directly by the client for work carried out on the client’s behalf.

A Professional Fee may be charged by us for: The initial work and time spent in seeking the best terms, advice, product and product producer for your specific needs; the work carried out on the renewal of your policy, ensuring that the policy(ies) recommended to you are suitable for your needs; arranging premium finance on your behalf; alterations, amendments and endorsements to your policy; processing a policy cancellation or a policy suspension; duplicate documentation requested by you; insurance consultancy work, including risk management advice and surveys; administration work on payment defaults, including Direct Debit defaults, bounced cheques etc; claims handling assistance and general insurance advice; and any other activity detailed in this Terms of Business or our Schedule of Fees & Charges.

Professional Fees – Non-Refundable

Professional Fees remunerate us for time spent working on behalf of the customer and are not refundable in the event that the policy is cancelled.

ARAG Legal Expenses and Personal Accident Premium

The premium payable for optional ARAG Legal Expenses & Personal Accident cover is refundable in the event that the policy is cancelled.

Scale of Fees and Charges

McCarthy Insurance Group’s scale of fees & charges varies according to the category of insurance product that you purchase from us or seek advice on.

We reserve the right to amend these fees should the complexity of the product require a higher fee. Any increased fee will be notified to you at least 30 days in advance of the due date. Fees may be waived by McCarthy Insurance Group in certain circumstances.

Alternative Fee Structure

Subject to prior agreement with the client, we may charge our fees based on an hourly rate of our executives’ time rather than by reference to the underlying premium.

The current rates are as follows:

• Directors, Managers, Senior Account Executives: €300.00 per hour
• Account Executives, Support Staff: €150.00 per hour

Charges on Direct Debit Defaults and Dishonoured Cheques

McCarthy Insurance Group will charge a minimum of €20 for processing each and every: (i) Direct Debit Default by the client and (ii) cheque received from the client which is subsequently dishonoured by the bank.

Cheques may be dishonoured for various reasons including: insufficient client funds (bounced cheques), payments stopped by clients (stopped cheques) etc. This charge is in addition to any charge that may be levied by the Product Producer and/or Premium Finance Company.

Return Premiums

McCarthy Insurance Group incurs significant administrative costs when processing return premiums for clients and we reserve the right to charge you an administration fee of €60.

In accordance with the Consumer Protection Code, this fee will not be charged without your prior written agreement.

At your request, a return premium may be put towards full or part payment of another premium due to us; we will, however, require your written instruction to do so.

Where premiums are not paid within credit terms, McCarthy Insurance Group reserves the right to offset premium rebates due to the client against any sums outstanding from that client to McCarthy Insurance Group and/or the client’s Insurers.

Renewals

Once a policy has been arranged, to which you have agreed, the placement of that policy will not be reviewed at each renewal unless you request it.

Claims

You must tell us as soon as possible of any incident or circumstance which may result in a claim under any insurance arranged by us and of all relevant facts relating to it. Failure to do so may result in the insurer not paying the claim.

We will notify insurers in accordance with the facts and circumstances notified by you and you will be required to give all necessary information and assistance required by insurers in order to deal with your claim.

Third Party Charges

McCarthy Insurance Group may, on occasion, source your insurance needs through a Wholesale Broker, who may charge a Fee (howsoever titled) for their services. Any charges levied by a Wholesale Broker will be disclosed in your Invoice, Endorsement or Renewal Notice.

Schedule correct as of: 23/03/2026