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COMPENSATION
<br /> In addition to the commission or fees received by us for assistance with the placement, servicing, claims
<br /> handling, or renewal of your insurance coverage's, other parties, such as excess and surplus lines brokers,
<br /> wholesale brokers, reinsurance intermediaries, underwriting managers and similar parties, some of which may
<br /> be owned in whole or in part by Brown & Brown, Inc., may also receive compensation for their role in
<br /> providing insurance products or services to you pursuant to their separate contracts with insurance or
<br /> reinsurance carriers. Additionally, it is possible that we, or our corporate parents or affiliates, may receive
<br /> contingent payments or allowances from insurers based on factors which are not client-specific, such as the
<br /> performance and/or size of an overall book of business produced with an insurer. We generally do not know if
<br /> such a contingent payment will be made by a particular insurer, or the amount of any such contingent
<br /> payments, until the underwriting year is closed. That compensation is partially derived from your premium
<br /> dollars, after being combined (or "pooled") with the premium dollars of other insureds that have purchased
<br /> similar types of coverage. We may also receive invitations to programs sponsored and paid for by insurance
<br /> carriers to inform brokers regarding their products and services, including possible participation in company-
<br /> sponsored events such as trips, seminars, and advisory council meetings, based upon the total volume of
<br /> business placed with the carrier you select. We may, on occasion, receive loans or credit from insurance
<br /> companies. Additionally, in the ordinary course of business, we may receive and retain interest on premiums
<br /> you pay from the date we receive them until the date the premiums are remitted to the insurance company or
<br /> intermediary. In the event that we assist with placement and other details of arranging for the financing of
<br /> your insurance premium,we may also receive a fee from the premium finance company.
<br /> Wholesale Broker: Britt Paulk Underwriters
<br /> This intermediary is not owned in whole or part by Brown & Brown, Inc., the parent company of Brown &
<br /> Brown of Florida, Inc.—Miami Division. Brown&Brown entities operate independently and are not required
<br /> to utilize other companies owned by Brown & Brown, Inc., but routinely do so. In addition to providing
<br /> access to the insurance company, the Wholesale Insurance Broker may provide additional services including,
<br /> but not limited to: underwriting; loss control; risk placement; coverage review; claims coordination with
<br /> insurance company; and policy issuance. Compensation paid for those services may be up to 15% of the
<br /> premium you pay for coverage, and any compensation paid for those services is derived from your premium
<br /> payment.
<br /> If we are being compensated based upon a fixed dollar amount or fixed percentage fee, meaning that the
<br /> contract specifies our compensation and states anywhere in the document that additional compensation will not
<br /> be paid to us or any other party, any additional compensation to us or any other party, including wholesale
<br /> brokers or third party intermediaries, is strictly prohibited. Likewise, if our contract sets compensation based
<br /> upon a fixed dollar amount or fixed percentage fee, and the contract specifies that additional compensation
<br /> shall be credited to the insured,any additional compensation to any party, including brokers,wholesale brokers
<br /> or third party intermediaries, must be promptly returned to you. If our contract is not based upon such fixed
<br /> fee terms, no owned or affiliated party, including brokers, wholesale brokers or third party intermediaries,may
<br /> accept any type of compensation without full disclosure by the undersigned broker to you of the dollar amount
<br /> or percentage of compensation prior to binding your coverage.
<br /> Should you have any questions,or require any additional information,please contact this office at
<br /> 1-800-889-0799 or if you prefer,submit your question or request online at
<br /> www.bbinsurance.com/customerinquiry.shtml
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