WHY USE A BROKER
Insurance is all about protection. Safeguarding 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? And how do 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. 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. So how can you be sure that a broker is acting in your best interests?
All insurance brokers in South Africa are regulated by the Financial Services Board and are required to be licensed by the FSB. This means that every insurance broker registered with the FSB has to follow strict codes of conduct when arranging insurance.
SOME MYTHS ABOUT USING AN INSURANCE BROKER