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Convenience:
A broker can arrange all the insurance and risk protection you need.
Probably only one meeting is necessary to identify your needs, and
he or she can develop a comprehensive insurance proposal for you.
Knowledge:
A broker has daily contact with many insurance companies, and knows
where to obtain the best insurance protection at the best cost.
Choice:
A broker deals directly with most insurance companies, and can present
your risks in the most effective way. He or she can canvass the
market to obtain competitive terms and costs, and then suggest a
contract which best fits your needs.
Innovation:
Many brokers are now helping their clients reduce risks through
modern risk management procedures and systems, thereby reducing
their dependence upon insurance, with considerable cost savings.
Professionalism:
All major insurance brokers are members of Insurance Brokers Association
of India (IBAI), and are bound by its Code of Conduct, professional
standards and ongoing educational requirements. The IBAI sets standards
for their financial security, and has a Code of Conduct covering
professional service and expertise.
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