WE’RE INDEPENDENT INSURANCE ADVISERS

The Benefits of Using an Independent Insurance Adviser

Life and disability insurance ranks among the most significant financial decisions you’ll make. It’s not just about securing your future; it’s about ensuring your loved ones receive financial protection when needed. While navigating this terrain alone or relying solely on policies from insurance companies may seem appealing, working with an independent insurance adviser provides better outcomes. Here’s why independent advisers could transform your financial planning.

1. Unbiased Advice

Independent insurance advisers avoid ties to specific insurance companies. Unlike captive agents who promote only their employer’s products, independent advisers offer policies from various providers. Their recommendations focus solely on your needs, not on fulfilling quotas. This impartiality ensures you receive advice tailored to your circumstances.

2. Access to a Wider Range of Products

Insurance companies differ in their policies, pricing, and terms. Independent advisers compare options across numerous providers, finding the best coverage at the most competitive prices. Whether you need life insurance, disability, health, or a customized solution, they identify policies that meet your specific requirements.

3. Expert Knowledge and Insight

The insurance market presents complex jargon, small print, and confusing options. Independent advisers simplify these complexities. They clarify the language, highlight the pros and cons of each policy, and guide you toward informed decisions. Their expertise minimizes mistakes and ensures you fully understand your policy.

4. Personalised Service

Life insurance requires customization to fit your life stage, finances, health, family situation, and goals. Independent advisers dedicate time to understanding your circumstances. They assess your income, debts, and future obligations to recommend policies offering sufficient protection for you and your family.

5. Ongoing Support and Review

Your insurance needs evolve with major events like marriage, parenthood, home purchases, or new businesses. Independent insurance advisers provide ongoing support, regularly reviewing your policy to ensure it aligns with your changing circumstances. They also assist with claims, reducing stress during difficult times.

6. Cost Efficiency

Many assume that working with independent advisers adds extra costs. However, advisers often secure exclusive deals and negotiate better rates. Choosing the right policy through their guidance—avoiding unnecessary coverage or inflated premiums—saves you money in the long run.

7. Advocacy During Claims

Filing life insurance claims can overwhelm policyholders, especially during emotional challenges. Independent advisers advocate for you, ensuring the claims process proceeds smoothly and delivering the benefits you deserve. Their experience prevents disputes and resolves delays efficiently.

8. Flexibility and Customization

Independent advisers recognize that your insurance needs may not fit into predefined categories. They customize policies to suit your unique circumstances. Whether adding riders like critical illness or disability coverage, or addressing unusual financial situations, they design solutions that work for you.

9. A Relationship Built on Trust

Building a relationship with an independent adviser creates a partnership focused on your financial well-being. They prioritize trust and high-quality service to enhance their reputation. Over time, this relationship becomes a valuable resource for your changing needs and goals.

10. Navigating Health Challenges

For those with pre-existing conditions, securing life insurance can feel daunting. Independent advisers specialize in overcoming these challenges. They find insurers adept at handling high-risk cases and ensure you receive fair coverage.

11. Time-Saving Convenience

Comparing policies independently consumes significant time and energy. Independent advisers streamline the process by gathering quotes, analyzing terms, and providing clear recommendations. Their efficiency allows you to focus on other priorities while still making informed insurance decisions.

12. Future-Proofing Your Coverage

Life brings unpredictability. Independent advisers future-proof your coverage by planning for potential changes. They might suggest stepped policies that transition to level insurance or recommend using policy benefits for added protection without requiring new policies and applications.

Conclusion

Choosing an independent insurance adviser ensures more than just a policy—it provides a trusted partner in your financial journey. At Cover Yours we have the expertise, impartiality, and dedication save you time, money, and stress, ensuring adequate protection for you and your loved ones. Whether starting fresh or reassessing current coverage, Cover Yours advisers will help you navigate insurance complexities with clarity and confidence. All we want is your peace of mind and long-term financial security.

Cover Yours Ltd (FSP769531) and Marc Hamilton (FSP306046) are registered Financial Service Providers and you can search the register here. Marc Hamilton is a member of the FSCL Disputes Resolution Service. Cover Yours Ltd and Marc Hamilton’s disclosures can be found here or by emailing marc@coveryours.co.nz