Benefits of a Life Insurance Broker

Why choose a broker?

There are many benefits to utilising a broking service when looking to take our life insurance. Some people do just prefer to go directly to insurance companies themselves. For those who are open to the idea of using a insurance broker, please read on.

To begin with, if we look at how life insurance companies work, realistically, it’s not likely they are going to give you a call and say...

"Hey, our top competitor is going to save you money if you transfer to them for the exact same policy. Would you like to switch to their company so we lose our business?"

If you find a broker service like Lifebroker, which offers a free and ongoing service, you may find that reason enough not to deal directly with an insurance company. The way Lifebroker works is that we help to find you the most comprehensive cover available to you, at the lowest premium. We deal with all of the leading insurance companies in Australia, but have no bias to any company, meaning you will always be presented with the best options for you.

Our ongoing service means that we offer assistance with matters such as claims (which not many other insurance brokers will do - or if they do, they like to charge a fee) and have a team dedicated to our existing clients. This team is constantly reviewing our clients’ policies to ensure the product they have is still the most comprehensive and competitive on offer to them. Due to the fact life insurance companies tend to change the guidelines of what they will and won’t cover, it is important to have an ongoing broker service that will help review your existing cover.

You need to remember that Lifebroker are the experts in life insurance. We specialise in the field of life insurance. It’s what we do every day and we do it well. Even if you can figure out the insurance jargon that is everyday language for us, you might miss the fact that a company has quoted you for fortnightly premiums as opposed to monthly premiums, leading you to believe you have a better offer. You could look over the difference in what each exact policy will and won’t cover you for. There might even be hidden exclusions that could be easily missed by you, should you not be aware of what to look for.

During the application process, Lifebroker has an effective system to help you through each stage. Once you’re ready to apply, we run through the application with you and follow up on any outstanding requirements. You have to admit, it is a lot easier being emailed each requirement and helped through the process, than trying to figure it all out on your own.

When it comes to the world of life insurance, it is not easy to gain the trust of customers. Through our own research, we uncovered that some people are hesitant when it comes to insurance and think insurance companies will look for loopholes in paying out a claim. The truth is, it is exactly the opposite. A little known fact is that over 90% of claims are paid out.

Lifebroker dedicates itself to its clients, to working hard and providing an excellent service that will gain the trust of all of our clients.

We have spent years building excellent relationships with insurance companies for the benefit of our clients.