Beware the insurance agent with shoddy terms of engagement. There are firms encouraging their clients to sign terms of engagement that allows them to bill anyone who changes their insurance policy in the first 24 months. The worst thing is this is a charge to cover the commission claw-back that the advisor receives when a policy is changed. It’s a way of passing it onto the client. Sometimes your circumstances change and you may need to review your insurance costs. Or, you may not agree with what advice you received, or you could possibly find a better solution. Don’t sign any legal document without legal advice. If offered a shoddy terms of engagement, show them the door and look for a qualified certified financial planner.