When does the mandatary's right to a fee arise?

The fee arises upon conclusion of the transaction, unless the contract states otherwise. With exclusive representation, a fee may be due even for a transaction concluded without the agent's direct involvement.

Can a mandate agreement be exclusive?

Yes. An exclusive mandate prohibits the principal from engaging other agents for the same subject matter. In return, the agent typically takes on a more active representation commitment.

How is a mandate agreement terminated?

A mandate ends upon completion of the task, by agreement or by notice. Notice can be given at any time, but may give rise to a damages claim if given at an inopportune moment.

Is the mandatary liable for the result or just for effort?

The mandatary is liable for proper performance of the task (best-efforts obligation), not for a specific result — unless the contract states otherwise. A results obligation is an exception and must be expressly agreed.

Insurance brokers Mandate agreement

Mandate agreement for Insurance brokers

An insurance broker represents the client when negotiating with insurers — and that representation must be backed by a written mandate. A mandate agreement defines the scope of representation, remuneration (commission or fee), and liability for incorrect advice. zipzipdoc generates it in 60 seconds in line with insurance regulation.

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Insurance brokers

An insurance broker needs a mandate to represent the client before insurers and consent for processing personal data — before presenting any offer. zipzipdoc enables these documents to be signed online, professionalising the entire first contact.

Mandate agreement

A mandate agreement covers the scope of representation, the agent's fee (commission or flat fee), termination conditions and the principal's obligations. AI generates it for real estate, commercial representation and legal procedural mandates.

When to use a Mandate agreement

For a real estate agent brokering the sale or rental of property
When appointing a commercial representative to conclude contracts on your behalf
For a procedural representative in administrative proceedings
When you need exclusive representation for a specific act or period

What you get

Scope of representation and authority
Commission or flat fee
Exclusive or non-exclusive representation
Termination conditions

Benefits for Insurance brokers

Online mandate before every meeting
GDPR-compliant archive
Bulk sending to client base

FAQ

Questions about Mandate agreement

A mandatary concludes transactions in their own name on behalf of the principal and bears direct liability. A broker merely connects the parties and does not undertake to conclude a contract.

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