What does an insurance broker do; how can they help me?

July 17, 2017

When it comes to selecting the right insurance policy for home, vehicle, business or any other purpose, you can encounter a minefield of confusing information. It is not always a simple matter to figure out which insurance policy is suitable for your needs, and whether the cover you are getting is going to be adequate. It becomes even more perplexing when confronted by a multitude of competing policies from a range of different insurance companies. The legal ‘tone’, and fine print inherent to these policies, can make it a daunting and difficult chore. An insurance broker is a qualified, licensed and knowledgeable professional in the field of insurance who can take the hard work out of finding exactly the right insurance product for you. In Australia, they are required to hold an Australian Financial Services (AFS) licence or be authorised to represent an AFS licensee. As such, they are bound to meet certain professional standards and act in your best interests in order to provide you with appropriate and specialised insurance advice, and assistance in sourcing a suitable and comprehensive insurance product.

Why use the services of an insurance broker; can’t I figure it out myself?

This is where an insurance broker excels and saves you wasted time and money, a severe headache, and the daunting risk of purchasing an unsuitable or inadequate policy. An insurance broker will act on your behalf, analyse and identify your specific needs and areas of risk, and because they have broad and extensive knowledge of many different areas of insurance, will suggest the most appropriate policy for you. In addition, they will negotiate and liaise with various insurers to get the best deals and premiums for you. An insurance broker can even tailor a policy for you dependant on your specific requirements as well as take you through the process of a claim and provide useful advice as and when needed. Think of an insurance broker as your ”go to” person for good, solid, insurance and risk management advice. They have comprehensive knowledge of the benefits, exclusions and premiums associated with a multitude of insurance policies including some lesser known ones, and can clarify the details and assist with fully understanding the scope and extent of cover. A good insurance broker will go all out to help you find the most suitable cover for your needs, and they will also arrange and finalise insurance protection for you.

 

Why use GSK Insurance Brokers?

GSK are your knowledgeable and professional insurance brokers of choice. We will put our team of brokers to work on your behalf, and find the best insurance policy out there suited specifically to your needs. We specialise in a whole range of insurance products, and our brokers will work tirelessly to take the frustration and difficulty out of finding the right insurance for you at the best premiums available. If you are looking for reliable guidance from highly experienced and trusted personal and business insurance brokers, we will help you navigate your way through the complex field of insurance. Look no further than GSK Insurance Brokers; your trusted and professional insurance brokers, Perth.