Maverick Financial Services (NZ) Limited receives initial commission from the relevant insurance company if you take out insurance policy following my advice. The commission are between 120% to 230% of the first year’s premiums of your policy – the amount depends on which insurance company and which insurance covers you choose.
Maverick Financial Services (NZ) Limited is also a member of the Newpark 2020 Limited Dealer Group. Newpark may receive override commission from insurance companies should an insurance policy be put in force as a result of a successful placement of business.
Maverick Financial Services receives a renewal commission of between 5% to 10% of the premium for each year the policy remains in force.
To ensure that we prioritize your interests above our own, we follow an advice process that ensures our recommendations are based on your individual goals and circumstances. We complete annual training about how to manage conflicts of interest. We undertake a compliance audit, and a review of our compliance program annually by a reputable compliance adviser.