Mazy Kazerooni
Be Social

The Advantage of Independent Life Insurance Brokers April 20, 2017

Independent life insurance brokers provide an extremely valuable service to both families and business owners across this province. When it comes to purchasing life and health insurance, consumers have many options.

If you are like most people, the price is the single determining factor when purchasing your life insurance program. But should that really be the sole determining factor to protect your income and your family's welfare? Being aware of the different rates offered in the market is important.

Also having a clear understanding of the underwriting requirements, future options, claim history and credibility of the insurance company you select are important considerations when purchasing your life insurance program. An independent life insurance broker that you trust can be very helpful in this process. You can also navigate to to get more info about life insurance.

The main difference between an independent broker and a captive representative is the independent works for the client and not the carrier. Independent brokers sole purpose is to find the best insurance for you, whereas many other agents have to sell insurance products mandated from their head office.

Although a captive representative and an independent broker share the common goal of providing you with income protection in the form of life insurance, only a licensed independent life insurance broker can provide you with a variety of choices from many different providers. Because independent brokers do not have an exclusive relationship with any one insurance company, they are able to offer you a wide range of products from multiple sources.