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Fees Year 1

Set Up 0
Data Conversion 0
Training 0
Monthly Fee Contact Us


Fees Years 2-5

On each Agreement Anniversary, the Monthly Fee will be adjusted according to this Schedule:

Rate Class Number of Clients in Database Monthly Fee
A
0 to 2,500
500
B
2,501 to 5,000
750
C
5,001 to 7,500
999
D
7,501 to 10,000
1,248
E
10,001 to 15,000
1,497
F
15,001 to 20,000
1,746
G
20,001 to 30,000
1,995
H
30,001 to 40,000
2,244
I
40,001 to 50,000
2,493
J
50,001 to 60,000
2,742
K
60,001 to 70,000
2,991
L
70,001 to 80,000
3,240
M
80,001 to 90,000
3,489
O **
90,001 to 100,000
3,738
** If VirtGate Record Count exceeds 100,000 the schedule continues in 10,000 Rate Class bands with $250 increments in the Set Up Fee and Monthly Fee

No User Fees

There are no User fees or a location fee, which is a huge plus and encourages your brokers to login and view your data, and allows you to expand all you want. There is also unlimited online document support (e.g. including but not limited to scanned documents) is included.

Fee Schedule Guaranteed for 5 Years

The "Term" of the Agreement is 5 years as measured from the first of the calendar month following the date where a VirtGate Site is put into production. In the event the Services are not satisfactory to our customer for any reason, they may terminate the service agreement without penalty (but no refund of fees paid in advance or for Set Up). At the end of the Term, the customer will always receive the best of contractual terms available to new incoming clients or other most favored clients with the exception that there would be no repeated Set Up fees.

Annual Fee Option

At the option of the customer, to reduce the dollar outlay, instead of any monthly fees for a subsequent 12-month period, the customer may instead pay an amount that is equal to 10 times the applicable one monthly fee annually in advance. If this option is elected, there are no monthly fees for the subsequent 12-month period. This option represents an annual effective interest rate of 51%.

Payment of Fees

All Fees are payable in advance of service. In Canada, Goods and Services Tax (GST) applies on Fees.