Insurance is a staple. It’s that simple. We know it’s something we need, yet for something that’s a necessity, it can be a chore to sort out and wrap your head around. But that's why advisers exist. Advisers are experts in insurance. They take away the common frustrations you may experience when it comes to getting your insurance right. If you want to get the most out of your insurance and have peace of mind that you’re adequately protected no matter what, then using an adviser is key. Check out our top 3 reasons below on why an adviser would be great for your personal insurance needs.
1. Saves you more time and effort
Have you tried reading and comparing insurance policies? It can be a long and tiring task for most of us. Thankfully, it's an insurance adviser's job to nitpick and understand insurance companies and what their policies offer while having your best interest in mind.
We know insurance can be difficult and time consuming to understand, but it's also equally important to get it right. This is where an adviser can take away the stress that comes with finding and purchasing the right insurance for you. Advisers…
Live and breathe the industry
Know the ins and outs of various insurance companies
Know what to look for to meet your personal circumstances
Deal with the paperwork
Read the fine print
Fill in the gaps when you don’t understand something
And much more!
2. You may be overinsured or underinsured
Do you know if you’re missing key things you may need included in your insurance cover? Or do you know if you’re paying for a policy which is inclusive of things that may not be necessary for your situation? Are you sure you’re getting good value for what you're paying? These are all big questions you need to ask yourself before you settle your insurance and need to keep coming back to even even while you policies are active.
Policies can be pretty complex sometimes, and as a result, you may not know what you are actually covered for. For example, where some policies may cover lost or stolen car keys, other ones will not. Certain car policies provide insurance cover for injuries if you are in an accident, where again, others won’t. With house insurance, damage caused by pets is also something that’s not commonly covered, despite it being something that is very probable to occur. With all that being said, not being fully aware of what you are covered for and therefore entitled to could come back to bite you should something unfortunate happen.
An adviser can help you to better understand if what you are paying is worth the cover you are receiving. Advisers also tend to check in with you at least once annually to review your cover and see if your policy still insures you properly, so you aren't overinsured or underinsured.
The last thing you want is to be paying more than you should be on your insurance, or on the other hand, in the event something unfortunate happens, it would be a shame to assume your insurance will protect you, only to find out it doesn't and you are left having to fend for yourself.
3. Skip the hassle when it comes to making a claim
Perhaps the most compelling reason to use an adviser would be because of the role they play when it comes to making claims.
In the event the worst happens, the last thing you’d want to be doing is trying to make a claim on your own, as you’d likely already have a lot on your plate. It can be a complex and long process of back and forth communicating with an insurance company, having to provide details. Overall it can be tedious and a hassle. An insurance adviser will settle the claim for you, so you don't have to have it lingering over your head, can relax knowing it's being taken care of and with peace of mind that you will get the best outcome.
Advisers also usually know more about the insurance policies than most people and are in a better position to fight for claims to be paid. It is known in the industry that claims via advisers are more likely to be paid.
So what are you waiting for?! If you want the most bang for your buck and peace of mind that you are properly protected, then using an adviser would be a smart decision! Not fully sold? Check out our guide to using an adviser for more information and benefits.
