How we pay Commissions - Terri Scheer

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We only pay commission on the Landlord Preferred Policy and the Scheer Short Stay Policy.

We do not pay commission for the Residential Building Insurance Policy.

New Policies

Landlord Preferred Policy – $22.00

Scheer Short Stay Policy – $27.50

Prices include GST.

You WILL receive commission if you have filled in a commission payment form and:

You are appointed a distributor and apply through the online portal.
The landlord completes and submits an application form.
The landlord applies via our website. However, they will need to nominate your company as the Real Estate Agent that referred them to Terri Scheer during the online application process.

You will NOT receive commission if:

The landlord calls customer service and takes the policy out over the phone.
The landlord applies via our website and they do not nominate your company as the Real Estate Agent that referred them to Terri Scheer during the application process.

Renewals

Landlord Preferred Policy – $11.00

Scheer Short Stay Policy – $16.50

Prices include GST.

You will receive commission if the Certificate of Insurance is set up to go to the agent for payment, and payment is made.
If the renewal Certificate of Insurance is set to go to the landlord for payment, you WILL NOT receive commission on renewals.

When will the agent receive a commission payment from Terri Scheer?

A commission payment will be made once you have accrued $100. Payments are made mid-month and a recipient created tax invoice will be emailed or posted to your office. It is the agent’s responsibility to ensure we have up to date general account details. Please be aware we cannot backdate commissions.

Please note, if we refund part or all of any premium to a client, we may deduct any amounts due to the agent for commissions in respect of that premium or part premium (plus an amount equal to the GST which was payable on the amount of the refunded commission).

If you are set up to receive documentation by email, commission tax invoices will be sent to your nominated email address. If you would like to receive commission tax invoices to a different email address, please email finance@terrischeer.com.au with your nominated email address.

If your office is currently receiving documentation by post and you want to set up your office to receive documentation by email, please email customer service with a nominated email address: customerservice@terrischeer.com.au

Insurance issued by AAI Limited ABN 48 005 297 807 AFS Licence No. 230859 trading as Terri Scheer. Registered Office, Level 23, 80 Ann Street, Brisbane Queensland 4000.

Commission is paid to the Distributing Agency.

This content is current for Terri Scheer policies commenced or renewed on or after 15 June 2023.

Any advice about the insurance products described in this website is general advice and has been prepared without taking into account anyone’s objectives, financial situation, or needs. Anyone intending to acquire a policy should consider the appropriateness of this advice together with the Product Disclosure Statement relating to the policy before making any decision about whether to purchase a policy. The Target Market Determination is also available.

Lodging a claim using Terri Scheer Claims Online
When you lodge a claim using Terri Scheer Claims Online, we will confirm the next steps and the time they will occur in. We will also tell you within 10 business days whether your claim has been covered or whether we require more information to decide, and if your policy excess applies. Should you require assistance, you can call us on 1800 804 016 Mon-Fri 8:30am to 6:30pm AEST.