It is very common for people to turn to comparison sites to research life cover and home insurances.  It’s easy and convenient, but you may be unaware of the consequences of getting the wrong type of cover. If you don’t know what you’re looking for, you’ll usually be offered fairly generic polices.

If you want a policy that meets your individual circumstances, it is always a sensible idea to seek expert advice. An independent adviser can give you guidance on the products that best suit your needs and discuss options within your budget.

Here are a few reasons why going to an adviser for your protection is a smart decision:

  • Understand your options better: Insurers won’t always offer you every type of cover when you go directly to them. Advisers can help point out the types of cover available from the insurers and help you to work out what you need.
  • Obtain the correct cover: An adviser will ask you about your personal circumstances to find you the right policy. They will also be able to tell you if you’re already covered by your existing insurance policies so your covers do not overlap, and they will often get you a good deal by comparing prices and product features.
  • Receive specialist advice: On comparison sites you might not find cover for an area you need cover for – like income protection – that needs to be tailored to suit your needs, or a critical illness policy if you have a specific medical condition.
  • More easily complete the medical underwriting process: Everyone is medically underwritten for insurance. This means that on application you’ll be asked a series of medical questions to determine your health and the level of risk you present to the insurer; and sometimes insurers require further medical evidence in the form of a GP report or a medical exam. This is where having an adviser is useful, as they can guide you on the best provider for you given your disclosures. An adviser can also manage your expectations on time frames and the potential outcome if it is something that may affect what you are offered (an exclusion, or an increased premium for example).
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