For those of you who are not completely sure what exactly is an insurance broker and what are its functions and obligations, we will explain in advance. The position of insurance broker refers to a person who helps you find the most suitable insurance offered and at the same time has the properties of a legal entity that represents you at the conclusion of the contract, as well as protects your interests before the insurer.
Then briefly explained we can move on to the essence of the question, namely - why do we need an insurance broker?
To find the answer, we can use as an example an insurance brokerage company that has already established itself for many years and all over the world, as well as in Bulgaria. I&G Brokers are professionals with over 20 years of experience in the industry, rising to market leadership with over 250,000 insurance policies serviced annually. Judging by their successes and qualities, as well as the services they offer, we can safely point out the reasons why it is desirable to take advantage of the help of an insurance broker when looking for insurance.
Search for you
One of the main reliefs offered by the insurance broker is the effort saved by the search for insurance companies and offers. The main task of the broker is to deal with market research and to select the most suitable insurance offers for your needs. For this purpose, he needs knowledge in the field of local insurance markets, as well as international insurance practices. Also, the broker must be able to offer help with absolutely any type of insurance (health, property, life, car) - ie. be competent in each insurance area.
Every action of the insurance broker is dictated by the wishes and needs of his client. Even if you are not quite sure what type of insurance you specifically need, agencies such as I&G Brokers will guide you correctly and recommend the most appropriate one according to your needs.
He studies the prices
Having clarified that the insurance broker is largely involved in searches and research, it is necessary to emphasize more advantages in this regard. It is his duty, in order to be as beneficial as possible to his clients, to compare the prices of the insurance offers he finds and to select the most advantageous ones. Also, in order to do a quality job, the insurance broker must be well acquainted not only with the state of the market, but with the latest promotions that are offered on it.
Negotiates the conditions
As a legal entity, the insurance broker not only concludes the insurance policy, which the client signs, but also represents him before the insurer. Literally - the broker protects your interests before the insurance company and at the same time has the right to fight for terms of the contract that would better suit your own interests.
Assists in damage
One of the most significant advantages of the insurance broker is the fact that after signing an insurance policy, in case of accident, incident and damage to the insured, which are provided in the contract, the broker assists in the payment of these damages. It supports your financial compensation.
If you intend to insure yourself, no matter what accidents and what part of your property you want to insure, we recommend that you consult with experts in the field before diving into the sea of insurance offers to find the most suitable and profitable offers for you. .