No matter what form of insurance you need, hiring the services of a broker can be incredibly beneficial. Whether you work in hospitality, the beauty industry, or property management, a broker can help you get a great deal. Not only can they help bring you peace of mind, but they could also save you money.
Read on for more benefits of speaking to an insurance broker.
What does an insurance broker do?
In short, an insurance broker is a professional who acts as an intermediary between an insurance company and a customer looking to buy an insurance policy. They can help you find the right type of policy for your unique requirements and may be able to support you in filing claims.
At SJL Insurance, our brokers are experts in a range of commercial and business policies — from pub insurance to insurance for aesthetics. We have a broad portfolio of national and international clients and pride ourselves on getting to know each one well so we can find them the most suitable and accurate policies for their needs.
Benefits of speaking to an insurance broker
One of the biggest benefits of speaking to a broker about your insurance is the amount of choice they can offer you. A broker will have access to a wide range of insurance products from different companies, providing you with a host of options you may not be able to find yourself.
They can also:
Offer expert advice
Brokers can provide guidance on the level of coverage your business needs. They can help you understand deductibles and any other factors that may impact the cost and effectiveness of a potential insurance policy.
Whether you’re setting up a new business or want to take out a fresh insurance policy, a broker can help make sure you have the cover you need. They can also ensure you don’t pay over the odds for unnecessary cover that won’t benefit your business.
Help you understand the details
Insurance policies and documents often feature technical terms and legal language you may not be familiar with. Looking at the intricacies of the insurance document can feel daunting. However, a broker can help cut through the jargon so you have a comprehensive understanding of the fine print. This support can bring you peace of mind and ensure you’re completely satisfied with your insurance policy.
Find you the best deals
As well as helping you understand the ins and outs of an insurance policy, an insurance broker can ensure you get the best deal possible. From shopping around to find the most affordable policies to negotiating better rates and coverage, brokers can liaise with an insurance company on your behalf.
Assist you with claims
An insurance broker can also be a valuable resource when it comes to navigating the claims process. With their in-depth knowledge of insurance policies and experience in customer service, brokers can support you from start to end when it comes to filing a claim. They can help you understand what you are eligible to claim for and make sure that the claim itself is watertight.
This knowledge can be particularly useful if you’ve never had to file an insurance claim before.
Help with specialised coverage
Every business will require some form of insurance. However, the level and type depend on the industry you work in. Some industries are considered higher risk than others, and businesses within these industries usually need specific coverage. A public-facing organisation, for instance, needs Public Liability Insurance, while surveyors and architects who belong to a professional regulator will usually require Professional Indemnity Insurance.
If you work within a high-risk industry, it’s a wise idea to speak to an insurance broker with
particular skills and experience in your field. They can offer specialist advice and help generate more tailored insurance policies to ensure you are covered exactly as you need to be.
Find the best insurance policy for your business with SJL
At SJL Insurance, our team of experienced brokers is here to provide excellent service, advice, and products, tailored to your business needs. Whether you’re a sole trader, an SME, or an international company, we’ll help you find the right insurance policies for your business and industry.
We’re proud to have access to a large array of insurance products suitable for a variety of business types. As a result, we can quickly and efficiently secure you the ideal policy for a fantastic price.
To learn more, please feel free to contact SJL to get a quote. One of our experienced insurance brokers will be in touch with you to discuss your policy needs.