Independent life insurance and group benefits agents provide an extremely valuable service to both families and business owners across western Canada. When it comes to purchasing personal life insurance or group benefits for your business, you have many options to choose from.
You have the option of going directly to an underwriter (or bank), or use and independent agent. Both sides will tell you they have the better deal, so what is the real difference?
The main difference between an independent life insurance and group benefits agent and a direct writer is the independent works for the client and not the carrier. DENT Benefit’s sole purpose is to find the best insurance for you, where as many other direct writer and banks have to sell insurance mandated from their head office. Does that sound like they have your best interests in mind?
Although both direct writers and independent agents share the common goal of providing you with income protection and health benefits, only an independent life insurance and group benefits agent can provide you with a variety of choices from many different providers. Because DENT Benefits does not have an exclusive relationship with any one insurance company, we are able to offer you a wide range of products from multiple sources.
An independent like DENT enables small businesses to access large buying power for their group benefits. Like anything you buy in bulk, the more you buy the more cost effective it is. However, as a small business (or self-employed individual) you will not be given access to the same pricing structure and coverage that a large business receives.
At the end of the day we work for you, the client, instead of a large corporation that is really only concerned about increasing profit percentages in the next quarter. This can be a key difference when it comes time to make a claim.
Independent agents are able to guide your through the complicated task that is acquiring the proper amount of insurance. Because we have so many options available to us, we are able to take on even the most challenging accounts that the direct writers would not even look at.
Interested in learning more about how an independent life insurance and group benefits agent can provide you with better solutions and more options? Give us a call today or Request a Quote.
The information in this material is derived from various sources. Material is provided for general information and is subject to change without notice. Every effort has been made to compile this material from reliable sources; however, no warranty can be made as to its accuracy or completeness. Before acting on any of the above, please contact us for benefit, pension and insurance advice based on your corporate or personal circumstances.