Why Use A Broker

Insurance is complex. There are many policies on the market to protect you and your business against a wide variety of risks.

By using a broker you engage a specialist who can save you time and money together with peace of mind should disaster strike.

Accepting quotes from 'compare' sites may be dangerous. They may seem cheaper but are they giving you the cover you need? Because of the complexity of insurance you will be far safer speaking to an experienced insurance adviser who can ensure the product you purchase suits your needs.

Here at Lifesure we represent you, the insurance purchaser, not the insurer. We offer professional advice on house, car, business and other insurance needs.

The Financial Services Authority (F.S.A) now regulate all insurance bodies for your protection and all insurance advisers must ensure, before they offer quotations or advice, that they are aware of your personal needs and requirements and offer a product that will satisfy both.

This may not be done extensively when completing questions on 'COMPARE' sites as the questions are rigid and cannot be elaborated upon. At Lifesure our advisers are trained to obtain greater details if they feel the information will ensure correct cover and better premiums.

EXTRACT FROM THE OBSERVER - "Sunday January 27th 2008 'Research from the British Insurers Brokers' Association show that more than half those who use such website's do not fully understand the differences between the policies on offer and only 6 per cent believe the policy details are explained fully. It also found that many price comparison sites use 'assumptions' as the base of their quotation which could lead to consumers purchasing a policy that is not appropriate for them."

The association has called for the F.S.A. urgently to review the way it regulates such websites'.

'Compare' quotes are always set. At Lifesure we are often able to offer bespoke quotes tailored to fit your needs with a premium agreed by a personal underwriter who will assess the risk sensibly.

Buying via a 'compare' site can have drastic ramifications, as our CASE STUDY demonstrates.

Some details taken from the BBC Money Box 10.2007.