The Benefits of using an Insurance Broker
Finding the right level of insurance cover? This can be a time-consuming and expensive task. Therefore if you’re keen to find a better deal an insurance broker could be the right person for you. Hence you can free up your time to do what you enjoy!
Why choose to use an insurance broker over just going to a life insurance company direct. Or just taking out insurance at a bank?
Why choose to use an insurance broker over just going to a life insurance company direct or just taking out insurance at a bank?
Insurance often costs less through a broker
We have knowledge of the insurance market and the ability to negotiate competitive premiums on your behalf. In addition we have access to policies that are not available to most consumers.
As brokers we are just like an accountant or lawyer who provides you with professional advice based on years of experience. Hence we will do the same with your insurance.
We provide you with options
We have access to the major life, health and Fire & General insurance companies in New Zealand. This gives us the ability to give you a range of product information, pricing, and insurance company detail.
When arranging insurance, many people take shortcuts or are simply unaware of some of the complexities. As a broker, however we have a strong knowledge of the insurance market.
Whatever cover you need, we are there to provide advice and assistance to ensure you are appropriately protected.
- explain your policy to you
- guide you through the process
- advise you on any associated costs or special situations you need to look out for
- negotiate competitive premiums on your behalf.
We work for you upfront
The most important aspect when taking out insurance is having the understanding that your policy will cover you. Of course if you need insurance cover. We work upfront to make sure you are given the best advice possible. This is something that we discuss prior to the insurance policy being put in place.
Insurance can be complicated
Some insurance policies can be hard to understand. Hence we can help you understand the details of a policy and work out what level of cover you need. Hence you know now you are properly protected. We will explain your policy to you and advise you if there are any special situations you need to know about.
We are professionals
As brokers we are Registered Financial Advisers (RFAs). This means that we can give financial advice on insurance (known as a category 2 products). Only a financial adviser that is under the Financial Advisers Act can give financial advice on buying personal insurance. Our details are on the Financial Markets Authorities register. All financial advisers must comply with the Financial Advisers Act 2008 (FA Act). The FMA register gives consumers confidence that about the broker.
Indeed when placed in a position of accountability their actions are governed. Hence if a dispute arises between the parties this then can be addressed independently and is legally enforceable.
Are you considering your insurance options?
Our insurance adviser, Shane Blumont is available to guide you through your coverage needs.Contact Shane >
Published by Scott Miller
Today's announcement on Mortgage Holidays
With today’s announcement by the Finance Minister about 6-month mortgage holidays, we have been inundated by enquiries from our clients.
Scott just helped us get a mortgage for the first time and was the most helpful out of all the professionals we dealt with, and gave the most useful advice.Mark and Stephanie Chin - 20th November 2015 - 20 November 2015
As first home buyers we had no idea what we were doing and wanted to put an offer on a deadline sale.Anna and Gareth Davies - 9th October 2014 - 09 October 2014
Scott and his team made the whole process of getting a home loan so much easier when I pushed the panic button more than once.Oki Cole and Patrick Dench - 16 January 2020