Do You Still Need to Use an Insurance Broker?

Mary Smith (names have been changed) is a thriving 65 year old who is semi-retired and on the brink of full retirement. Like most pensioners, she has her capital invested to carry her through her golden years and shops around when spending her hard-earned money.

Imagine her horror then, after an already traumatic road accident incident in July 2018, when she was presented with a R7000 excess on her insurance, from a direct insurer. Had she worked with a broker, she would have been advised of the over 55 excess waiver available through most insurers.

Ultimately she had to draw this money out of her capital to settle and learned a valuable lesson about having a broker to help her navigate the world of insurance!

Since then, she has signed up with Yvette Rautenbach from Bwise Financial Solutions to make sure she will never be in a similar situation again! If you need more convincing, here are Yvette’s top 5 reasons why having an Insurance Broker is essential:

1. Knowledge –  A broker will explain all the fine print of a policy and advise of any special situations that you need to be aware of, and ensure you are getting value for money. They will determine the level of cover that is required to ensure you are properly protected and are able to make well informed decisions.
2. Multiple Options – Brokers have access to a variety of insurance products and have the ability to deal with a range of insurance companies directly. They are aware of the benefits, exclusions and costs of competing policies to enable the best possible outcome for their clients.
   
3. Up-to-Date Evaluations – Both your personal circumstances and fluctuations in the market can change your needs. A broker will evaluate your cover annually to ensure it is still appropriate.
4. Assistance Filing Claims – Brokers provide professional and technical advice in the event of a claim, which can be extremely beneficial.
5. Personalised Service – you can pick up the phone or email your broker anytime you have queries without having to go through a call centre. Your broker knows who you are and what your personal circumstances are.

Why Use BWise Financial Services As Your Insurance Broker?

Bwise Financial Solutions is a general insurance broker. Yvette Rautenbach is focused on servicing the 55 years and older client’s needs by taking the time to understand their personal insurance requirements and tailor the right solution for them. When you require the right advice, look no further than Bwise Financial Solutions and have us review your current insurance package.

If you would like to chat to Yvette to make sure you have the cover you need, or maybe even save a bit of money, you can get hold of her on:

Email: yvette.rautenbach@bwise.co.za
Cell: 083362633
Tel: 0317622211