TERMS AND CONDITIONS
ProVida Insurance
Effective Date: 04/01/2026
1. INTRODUCTION
These Terms and Conditions (“Agreement”) govern the use of services provided by ProVida Insurance (“Company,” “we,” “us,” or “our”), a licensed insurance brokerage operating in the State of Florida.
By engaging with our services, requesting quotes, submitting applications, or purchasing insurance through ProVida Insurance, you (“Client,” “you,” or “your”) agree to be bound by this Agreement.
2. NATURE OF SERVICES
ProVida Insurance acts as an independent insurance broker. We:
Facilitate the placement of insurance coverage with licensed insurance carriers
Provide advisory services related to insurance products
Assist in policy servicing, renewals, and claims support
We are not an insurance carrier and do not underwrite, issue, or guarantee insurance policies.
All insurance policies are issued by third-party insurance companies and are subject to their terms, conditions, underwriting guidelines, and approval.
3. NO GUARANTEE OF COVERAGE
Submission of an application, request for quote, or payment does not guarantee:
Approval of coverage
Issuance of a policy
Specific pricing or terms
Coverage is not effective unless:
A policy is issued by the carrier, and
Required premium payments are received and accepted
4. CLIENT RESPONSIBILITIES
You agree to:
Provide accurate, complete, and truthful information at all times
Disclose all material facts relevant to underwriting
Promptly notify us of any changes in risk, operations, or exposures
Review all policy documents upon receipt
Failure to comply may result in:
Denial of coverage
Policy cancellation
Claim denial
Legal liability
5. QUOTES AND PRICING
All quotes provided are:
Non-binding indications
Subject to underwriting review
Subject to change without notice
Final premiums, terms, and coverage are determined solely by the issuing insurance carrier.
6. POLICY TERMS AND COVERAGE
Insurance policies are governed exclusively by:
The policy contract
Endorsements
Declarations page
ProVida Insurance is not responsible for:
Coverage gaps
Exclusions within policies
Misinterpretation by the client
Clients are responsible for understanding:
Coverage limits
Deductibles
Exclusions
Conditions
7. PAYMENT TERMS
Premium payments must be made according to carrier or agency billing terms
Failure to make timely payments may result in cancellation or lapse of coverage
Agency-billed policies require payment to ProVida Insurance within specified timeframes
ProVida Insurance may charge:
Service fees
Broker fees
Policy processing fees
All fees will be disclosed as required by Florida law.
8. COMMISSIONS AND COMPENSATION
ProVida Insurance may receive compensation in the form of:
Commissions from insurance carriers
Contingent compensation based on volume or profitability
Client-paid broker or service fees
By using our services, you acknowledge and consent to this compensation structure.
9. CLAIMS DISCLAIMER
ProVida Insurance does not:
Approve or deny claims
Control claim outcomes
All claims are handled by the insurance carrier.
We may assist in the claims process, but:
We do not guarantee claim approval
We are not liable for claim decisions made by carriers
10. LIMITATION OF LIABILITY
To the fullest extent permitted by Florida law, ProVida Insurance shall not be liable for:
Indirect, incidental, or consequential damages
Losses resulting from denied claims
Errors or omissions by insurance carriers
Financial losses due to coverage gaps or exclusions
Our liability, if any, shall be limited to the amount of fees paid directly to us by the client.
11. INDEMNIFICATION
You agree to indemnify and hold harmless ProVida Insurance, its officers, agents, and employees from any claims, damages, or liabilities arising from:
Misrepresentation or omission of material facts
Failure to comply with policy conditions
Unauthorized use of services
12. THIRD-PARTY RELATIONSHIPS
We work with multiple insurance carriers and wholesalers.
We do not control:
Carrier underwriting decisions
Policy terms
Claims handling
All third-party providers operate independently.
13. ELECTRONIC COMMUNICATIONS
By engaging with ProVida Insurance, you consent to:
Electronic communications
Digital signatures
Delivery of documents via email or online platforms
You are responsible for maintaining updated contact information.
14. DATA PRIVACY
We collect and use personal and business information in accordance with:
Applicable privacy laws
Industry standards
Information may be shared with:
Insurance carriers
Underwriters
Service providers
For the purpose of underwriting, servicing, and compliance.
15. TERMINATION OF SERVICES
We reserve the right to:
Refuse service
Terminate relationships
Decline to place coverage
At our discretion, including but not limited to:
Compliance concerns
Misrepresentation
High-risk exposures outside appetite
16. REGULATORY COMPLIANCE
ProVida Insurance operates under the regulations of the Florida Department of Financial Services.
All services are subject to:
Florida insurance laws
Licensing requirements
Regulatory oversight
17. GOVERNING LAW
This Agreement shall be governed by the laws of the State of Florida.
Any disputes shall be resolved in the appropriate courts located within Florida.
18. ENTIRE AGREEMENT
This Agreement constitutes the entire understanding between the parties and supersedes all prior agreements, whether written or oral.
19. AMENDMENTS
ProVida Insurance reserves the right to update or modify these Terms and Conditions at any time.
Continued use of services constitutes acceptance of any changes.
20. CONTACT INFORMATION
ProVida Insurance
[Insert Address]
[Insert Email]
[Insert Phone Number]
OPTIONAL ADD-ONS YOU SHOULD CONSIDER (STRATEGIC FOR YOU)
If you want to operate at a high-level brokerage / insurtech standard (like Brokerfy vision), I recommend adding:
Errors & Omissions disclaimer expansion
AI underwriting disclaimer (for Brokerfy)
Risk advisory disclaimer (for Risk Radar 360)
Agency-billed strict payment clause (cash flow protection)
Arbitration clause (to avoid lawsuits)
