26 Nov What's the difference between buying insurance from a bank or a broker? It is important to know the differences between buying insurance from a bank and a broker. Banks give you one choice of insurer. A broker can offer a range of products and insurers. Some banks do not underwrite at application and can cause problems at claim time. A Registered Financial Adviser has policies underwritten before cover is issued. The personal touch is important and a broker can provide this.
It is important to know the differences between buying insurance from a bank and a broker. Banks give you one choice of insurer. A broker can offer a range of products and insurers. Some banks do not underwrite at application and can cause problems at claim time. A Registered Financial Adviser has policies underwritten before cover is issued. The personal touch is important and a broker can provide this.