Choosing an insurance adviser
You can contact insurance companies directly but you might find it easier to use an insurance adviser.
To find a suitable insurance adviser for your business, you'll need to identify:
- the risks to your business
- what type of insurance you need
There are 2 main types of adviser -
1. Insurance brokers
Insurance brokers work on general and commercial risks, such as:
- motor insurance
- employers' liability insurance
Some agents only work for a small number of insurance companies. And this means they will only offer you insurance with one of those companies.
2. Independent financial advisers
Independent financial advisers work on people-related risks and business-planning issues, such as:
- life assurance
- business continuity
- pensions and investments