The confusion over the role of insurance brokers is mainly caused because insurance brokers are seen as the same as cover sales people. Both have important roles to play, but it remains necessary to distinguish between them. Cover Sales person A cover sales person sells one or more policies for a specific company or group of companies. The cover sales person doesn’t need to be a registered financial services provider. The cover sales person has the task of providing accurate information to clients. It is not their role to provide financial advice. Broker A primary role of insurance brokers is to provide financial advice to clients, regarding the best options available. These individuals can broker for any number of companies. A company can act as broker for another company. Hollard underwrites many policies sold through third party companies. Hollard has your interests at heart. The Reason for Choice Choice is a basic right of the citizens of South Africa. Whether you prefer to work through insurance brokers who can give you advice and act as representatives of the client, or want to insure directly through us, we make sure that you get a good deal and save on premiums. You have the ability to decide what insurance you want, and the extent of the insurance coverage.
Go to www.payasyoudrive.co.za to view the best insurance deals available in South Africa
by Philipseo
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Some insurance brokers think they have to give everybody a difficult time: http://www.theage.com.au/opinion/another-long-chase-for-the-fire-brigade-20090212-865r.html
Posted on March 6th, 2009 at 4:17
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