Insurance is all about protection. Safe guarding your business, your family or yourself if something unexpected happens. It's one of the wisest investments you'll ever make.
But how do you select an insurance company? How can you be sure which policy is right for your needs, how do you make sense of all that fine print?
A professional insurance broker will first of all seek to understand your insurance requirements and then find the right policy for you. A broker will also explain clearly what is and what is not covered under your proposed policy and will then process your application if you decide to go ahead.
A professional insurance broker will ensure that you are not paying for more cover than you require and ensure you receive good service from your insurance provider.
In the event of a claim, your broker will take care of all the paperwork and follow up with your insurance company to make sure your claim receives prompt attention.
Whilst some brokers will charge clients a fee for arranging an insurance policy, insurance brokers are traditionally remunerated by insurance companies. So how can you be sure that a broker is acting in your best interests?
All insurance brokers in the United Kingdom are regulated by the Financial Services Authority.
The British Insurance Brokers Association, is the trade association to which many insurance brokers belong.
This means that every insurance broker has to follow strict codes of conduct when arranging insurance.
At The Insurance Service we go beyond the codes laid down by the FSA and BIBA. We make our sales process completely transparent for our clients. We tell you which insurance companies we use, we show you all the policies which may suit your needs, we explain the main conditions attached to each policy and we list the premiums for each policy.
The final choice is yours.
Because at The Insurance Service we believe insurance is all about peace of mind.
Your peace of mind.
Independent Financial Advisers rated highly by consumers. Read full article here.