What is most important to you when it comes to arranging your life insurance?
The cost of premiums, the ease and speed of the application process or simply securing peace of mind?
Below, we’ve listed 9 excellent reasons why we believe using a life insurance broker could help you find the perfect policy.
What is a life insurance broker?
A life insurance broker works on your behalf to compare quotes and secure you the best deal.
Generally speaking, their services are free.
A broker can also answer any questions you may have and guide you through the application process.
Get in touch with Reassured to make the most of our free service and find the right cover to meet your needs.
We all like to get what we pay for, or better still, get a really good deal.
Life insurance brokers search the market on your behalf, helping secure the most suitable cover and saving you money.
At Reassured we don’t charge a fee for our award-winning service and there’s no obligation to take out a policy after you’ve enquired.
Remember, insurers would rather that you went directly to them, (so they don’t have to pay commission to a broker). They’ll often encourage this by offering you a free welcome gift.
However, you could miss out on the very best deals by going direct. Always compare quotes as premiums can vary significantly for the same level of cover.
Ease of use
It’s not just banks and building society’s that sell life insurance these days with many retailers now offering policies too.
This can be quite daunting when you research the market and are presented with hundreds of different options. A life insurance broker is able to do the hard work for you, comparing different policy types from a wide range of insurers.
This enables us to refine your search, allowing you to focus on the best policy options that meet the needs of you and your loved ones’.
Understanding exactly what your options are is vital, not only for your peace of mind but to make sure your policy is valid (and therefore pays out!)
Using a broker means you can speak to a real person who can demystify the insurance jargon. Helping make everything a little clearer than perhaps with an online comparison site.
At Reassured we’re classed as a non-advised brokerage. Which means we’ll not advise you on which specific policy we think you should secure.
What we’ll do is use the personal information you provide, to identify a number of suitable options allowing you to make an informed decision.
You can also take advantage of our experienced consultations to help explain any terminology you might not understand.
A good broker can provide you with a clear understanding of how different life insurance policies work.
From explaining the process of taking out your policy to paying premiums and how to make a claim, we have the knowledge required to support you through your journey.
Unless you work in the industry, it’s unlikely you’ll be familiar with all the ins and outs of life insurance, so this support can be really helpful.
We offer a dedicated, free customer service team to help you with such tasks as writing your life insurance in trust.
Whether you’re a stay-at-home parent, work full-time or are retired, time is precious. When did you last have a spare hour or two to sit down and fill out an application form?
(That’s if you don’t make a mistake and have to start again!) – Can’t remember? Me neither…
We can complete the life insurance application for you over the phone, leaving you more time to do the things you enjoy.
Peace of mind
When taking out life insurance to protect your loved ones and their home you’ll want complete peace of mind that you have set up your policy accordingly.
A good broker will ensure all your key questions are answered and that you feel 100% confident in the policy you have chosen.
From experience we’re aware of the common pitfalls, and will ask appropriate questions to ensure we’re quoting you for the right product and that your cover is both suitable and valid.
This provides peace of mind that your family is protected if you’re no longer around to take care of them.
Hassle free claims
If your loved ones need to claim on your life insurance, a broker could help and deal with your insurer directly, making the process as simple as possible.
At a time when your loved ones are suffering emotionally, having the support of a broker like Reassured to help you through the claims process is one less thing to worry about.
Financial Conduct Authority (FCA)
Being a financial company, a credible insurance broker should be represented by the FCA.
This means that if the broker or your insurer ceased to trade, you wouldn’t lose out and would be covered.
We’re proud to be registered with the FCA here at Reassured.
A broker works for you, (not the insurer)
Remember, a life insurance broker works for you, the customer, not the insurer.
You may be wondering how much insurance brokers make? Well, it depends on the policy and the insurer.
At Reassured, we make money by earning a commission direct from the insurer. The important bit for our customers is that we never charge a fee for our service. (Although, some brokers do charge).
We believe a good life insurance broker should represent your best interests and be focused on your needs. Bear this in mind whilst speaking with your broker; they’re providing a service for you.
Why choose Reassured as your life insurance broker?
- Our broker service is totally FREE and without obligation
- Now the UK’s largest life insurance brokerage
- We’re independent and don’t have preferred insurers
- We offer award-winning service and are registered with the FCA
- We provide a FREE dedicated in-house customer service team
- 20,000+ customers on Trustpilot rate us as ‘Excellent‘ 9.6 / 10.