There remains much confusion over the difference between insurance brokers and insurers. Where insurers offer policies directly, insurance brokers work with hundreds of insurers to get the best price and the best cover for their clients.
Essentially, the role of an insurance broker is to understand your needs and find the policy that best fits. While the responsibility of cover lies with the insurer, a reputable broker will always be on hand to manage any claims that may arise.
The role of the broker
Reputable insurance brokers – like Lifecare – are regulated by the relevant financial bodies, much like an insurer. However, brokers are bound to strict regulation when it comes to selling policies, meaning we always put the interests of our clients first in everything we do. Lifecare has a commitment to its clients, not insurers, meaning we’ll only ever offer you a policy that fits your needs, rather than being incentivised to sell one insurer’s policies over another. We’re completely impartial – our only interest is finding you the best cover on the market.
No matter how niche your needs, a broker can liaise with a range of of insurers to find the right policy for you, at prices to suit all budgets.
Benefits of working with an insurance broker
A broker offers two main benefits: expertise and focus. You may be in the market for an insurance product that you are not familiar with – working with a broker gives you direct access to a wealth of knowledge, ensuring you only ever get the cover you need.
This specialist knowledge extends to all types of cover too. Whereas a comparison site may not include nice products, an experienced insurance broker will always know where to find your perfect insurance policy.
What’s more, searching for insurance can be a time-consuming task. However, a broker can do all the leg work for you, searching hundreds of insurers to find the insurance policy that’s right for you. And contrary to popular belief, using a broker doesn’t usually cost more than going direct to an insurer.
Some insurance products can also be complicated. Insurance brokers will work with you to make sure you understand your policy – working out the exact level you need to ensure you’re properly protected. Essentially, a good broker should set out to make your life easier – taking the complex world of insurance and making it simple.
Searching for insurance can be a time-consuming task. However, a broker can do all the leg work for you, searching hundreds of insurers to find the insurance policy that’s right for you.
Lifecare – Dubai’s independent insurance agents
At Lifecare, we work for you. Our expert team, based in Dubai, UAE, are on hand to find you the right cover – whether you are looking to protect your health, your business, or your assets.
As well as finding you the best price from hundreds of the best insurers, we also offer a unique and personalised service to bring you cover that counts, at a premium you’re prepared to pay. We’re on hand in the difficult times too, managing the entire claim process for every one of our clients.
Whether you’re an individual or a business, we’ll asses the risks you are likely to face and find you the best possible protection. We only offer the best advice on the most comprehensive insurance products on the market – because we know insurance only offers peace of mind when every eventuality is covered.
Our team of over 100 health and wealth professionals look after individuals, families and companies, making us the leading independent insurance agents in the region. In the 20 years since our launch, we’re proud to have helped over 25,000 people and more than 1,000 businesses.
Why choose Lifecare?
Why work with Lifecare? Because quite simply, we’re not like the rest. Lifecare is an independent ISO-9001 certified insurance broker looking after the needs of expatriates and local nationals in Dubai, UAE. We help you choose the types of risks you wish to cover, by choosing the right kind of policy, and with the benefits you most need. We give you peace of mind.
We know that life and business are full of risks. But while our insurance products won’t protect you from unexpected events, they will protect you from financial loss. We’ll help you choose the types of risks you wish to cover, by choosing the right kind of policy, and with the benefits you most need, for total peace of mind.
Our highly experienced Dubai-based team can assist you with any issue related to a claim. And we are fully committed to making sure your experience with us is as timely and hassle-free as possible – that’s why we’ll always prioritise your needs or the needs of your business.