Compensation and Disclosure Policy Statement
Thank you for trusting Clark-Mortenson Insurance and Financial Services with your insurance needs. We understand the vital role that insurance plays in providing you with financial security and peace of mind. For the duration of what we hope will be a long relationship with you, our first priority will be finding the most appropriate insurance coverage for you at a reasonable cost. We are an independent insurance agent, which means we have the ability to place insurance with a variety of companies, resulting in the best combination of coverage, price and service for your unique situation.
Our agency is compensated on a commission basis by the insurance company that writes your insurance. This commission percentage is set by the company and is included as a part of the insurance premium you pay. Our agency's compensation might also include incentives in addition to standard commissions. This compensation is known as "Contingency Income" and is paid at year-end, based on a combination of business written, profitability, and retention throughout the year. We do not know if we will be receiving this additional compensation at the time an individual policy is written.
We want to assure you that our first priority remains meeting your insurance needs to your satisfaction. We would be happy to provide you with further details about our services, our relationship with your insurance company or our compensation from that company. The entire staff of Clark-Mortenson Agency Inc. is delighted to have you as a client and welcome any suggestions that you have to assist us in serving you better. We appreciate your business.