Why should I use a broker to purchase my insurance?

An insurance broker can save you time, money and worry. Just like an accountant or lawyer who provides you with professional advice, based on years of training and experience, a qualified broker can do the same with your insurance. Whether it is business or personal insurance, a broker serves as an intermediary between you and the insurance company by providing advice and assistance to ensure that your assets are properly protected and your risk exposure is limited by use of insurance policies.

A broker has access to all insurance companies and is not tied to any of them. As a result, you can be assured of vast network and resources that has been utilised in customising the most competitive coverage to meet your specific needs.

You will benefit most by developing a close business relationship where the broker understands your future plans, the associated risks and how you like to do business. A broker will also explain your policy and any special situations you need to watch out for.

An insurance broker’s foremost duty is to the client. Therefore, the broker acts in the interests of the client and not those of the insurance company.