5 Tips to Help You Find the Right Insurance Agent

In your search for information about the right insurance policies, one topic always seems to be implied but never outright talked about. Choosing the right insurance agent (or financial adviser/consultant) is arguably the most important aspect.

The right agent will help find you the policy that suits your needs now and into the future and that is right for your budget, not one that is simply maximising the commission they receive from the transaction!

Your agent must be knowledgeable, approachable and capable enough to represent you should a crisis arise and it comes time to make a claim on your policy.

The Problem

Everyone's heard horror stories of insurance agents who push products on prospective clients regardless of their needs or wants, which may be completely unsuitable. All in the hopes of making big commissions, hitting their revenue targets and never speaking to the prospect again. As a result, much like a young person who just suffered a recent heartbreak, many clients become hesitant to put their trust in any other agents they subsequently meet.

How to Solve the Problem

There is a common saying in the insurance industry: “If a prospect/client doesn't ask an agent questions that make them squirm or feel uncomfortable, they're asking the wrong questions”.

There is nothing wrong with asking a new (or even your current) agent challenging questions. It is your money, after all! It may surprise you that agents filter their leads and prospects to determine their quality, so it makes perfect sense that you should do the same to someone looking to sell you something.

Not sure where to start? Here are five key inside tips you could quietly use to vet the agents you meet to separate the sincere from the hard sells and the professionals from the product pushers.

Read Further:

The above content comes from our article 5 Tips to Help You Find the Right Insurance Agent, where you can find more about all five tips. More helpful tips and tricks regarding finding the correct financial adviser are available to you both online and on the MoneyFitt App.

Weigh Up Your Options With MoneyFitt

The best way to pick the correct adviser is to find one on your terms. MoneyFitt’s Find an Expert feature allows you to match and connect with Singapore’s licensed financial experts who can understand and relate to your unique needs and aspirations with the touch of a button.

Unlike other apps and platforms, MoneyFitt does not charge users for connecting with advisers, nor does it take any commission from action taken through experts, ensuring a transparent and hassle-free experience. It's the perfect platform for individuals seeking expert guidance without the risk of a hard sell.

You can maximise MoneyFitt’s Find an Expert feature by selecting multiple agents, cross-checking facts and opinions, and then choosing your financial fighter.

Filters available include experience level, spoken languages, and an abundance of specialisations.

(MoneyFitt™ does not provide investment or insurance advice but arms users with knowledge they can use to address their financial needs.)

You can find the above feature and heaps more tools to help you achieve financial freedom in the MoneyFitt app, available for free on iOS and Android here.

To learn more about MoneyFitt and join the financial revolution, visit our website at www.moneyfitt.co.

Is it time you became a wiser investor?