WE INSURE THINGS — REFERRAL & COMMISSION PARTNER AGREEMENT (v1.0)
This Agreement is between Insurance Services of Marshall LLC d/b/a We Insure Things ("Agency") and the undersigned Partner ("Partner"), effective the date of electronic signature.
1. PURPOSE. Partner may refer prospective insurance customers to Agency. Agency compensates Partner under exactly one of the tracks below, based on Partner's licensing status.
2. COMPENSATION TRACKS.
(a) LICENSED PRODUCER — COMMISSION SPLIT. If Partner holds an active insurance producer license appropriate to the referred line of business in the applicable state (and carrier appointment where required), Agency will pay Partner 30% of the net new-business commission Agency actually receives on policies bound from Partner's referrals, unless a different split is agreed in writing for a category of business. Splits are paid only while Partner's license remains active and in good standing.
(b) REFERRAL FEE — NO LICENSE REQUIRED. If Partner does not hold an applicable license, Agency will pay Partner a flat fee of $100 per Eligible Referral, or the maximum amount permitted by applicable state law if that amount is less. Where applicable law prohibits conditioning a referral fee on the purchase of insurance, the fee is payable per Eligible Referral regardless of whether a policy is purchased, and is never contingent on the sale.
3. ELIGIBLE REFERRAL. A referral is "Eligible" when it is (i) a prospective customer not already an Agency client and not in Agency's active pipeline within the preceding 90 days; (ii) submitted with the prospect's name and working contact information; and (iii) made with the prospect's consent to be contacted. Agency may decline any referral in its sole discretion; declined referrals accrue no compensation.
4. COMPLIANCE. An unlicensed Partner will not quote premiums, describe or compare coverage terms, advise on insurance, negotiate, or bind coverage — Partner's role is limited to introducing the prospect. Partner will not offer any portion of its compensation, or anything of value, to insureds as an inducement (anti-rebating). Partner represents that referrals are gathered lawfully and that no consumer data is provided without authority to share it.
5. PAYMENT. Compensation is paid monthly in arrears. Commission splits are paid within 30 days after Agency receives the underlying commission. No payment of any kind will be issued until Agency has received Partner's completed IRS Form W-9. Amounts are reported on IRS Form 1099 where required. Partner is responsible for its own taxes.
6. INDEPENDENT CONTRACTOR. Partner is an independent contractor, not an employee, agent, or representative of Agency, and has no authority to bind Agency or any insurer.
7. CLIENT RELATIONSHIP — THE PARTNER PROMISE. A referred customer remains Partner's client for Partner's own services. Agency will not (i) solicit or market services that compete with Partner's business to referred customers, (ii) sell, lease, or share referred customer information with third parties except as required to quote and service insurance, or (iii) claim credit for the relationship — Agency will acknowledge Partner's introduction. Referred data is handled per Agency's privacy policy.
8. TERM AND TERMINATION. Either party may terminate at any time with 30 days' written notice (email suffices). Compensation earned or accrued before termination remains payable. Agency may terminate immediately for a compliance breach of Section 4.
9. CONFIDENTIALITY. Each party will keep the other's non-public business information confidential and use it only for this program.
10. LIMITATION OF LIABILITY. Neither party is liable for indirect or consequential damages. Agency's total liability under this Agreement is capped at the amounts paid to Partner in the 12 months before the claim arose.
11. GOVERNING LAW. This Agreement is governed by the laws of the State of North Carolina. Venue lies in the state courts of Madison County, North Carolina.
12. ELECTRONIC SIGNATURE AND RECORDS. The parties consent to conduct this transaction electronically. Partner's typed signature below, submitted with this form, constitutes Partner's electronic signature with the intent to be bound, under the U.S. E-SIGN Act and applicable state UETA. Partner consents to receive records relating to this program electronically at the email address provided, and may request a paper copy or withdraw consent by emailing Agency.
13. ENTIRE AGREEMENT. This is the entire agreement about the referral program and supersedes prior discussions. Amendments must be in writing (email confirmation from both parties suffices).
Signed electronically by: the undersigned Partner on the date of electronic signature
Track selected: (as selected above)
Agreement version: 1.0