At MyLifeQuotes, we’re dedicated to helping you find the right life insurance cover for your particular needs. Unlike traditional insurance companies, many of whom take a “one size fits all” approach to providing cover for their customers, we employ a staff of independent financial advisors (IFAs) who will scour the entire insurance market to find the ideal cover for you and your unique situation. In addition, our IFAs have specialised training that allows them to evaluate various life insurance products impartially and to obtain cover that isn’t available to the general public.
We’re life insurance experts, and as such are able to turn up attractive “insider” deals and pricing. The result? Customised cover at an affordable price. We also want you to know that our IFAs do so much more than simply find and obtain cover for you. Because of their unique qualifications and skill sets, they’re ready to show you how the right life insurance cover can help you reach your long- and short-term financial goals.
Our staff of IFAs is completely qualified to assist our clients. We make sure of that by pre-vetting every one. According to Wikipedia, “vetting is a process of examination and evaluation, generally referring to performing a background check on someone before offering him or her employment.” This means that you can have every confidence in both the qualifications and standards of our IFAs because they conform to our high standards. Working with you one-on-one, your IFA will impartially evaluate a wide variety of life insurance products and make recommendations for cover that’s affordable, relevant and based on your individual prerequisites.
Not only are our IFAs highly qualified, they also have years of experience in the life insurance field. This means they’re committed to finding the best possible personalised life insurance product for you. Because we’re not associated with any insurance companies, we can offer genuine impartiality when creating a quote for you. In addition, our IFAs are authorised and regulated by the Financial Services Authority, which is “the independent body that regulates the financial services industry in the UK.”
The FSA has wide-ranging powers that allow it to create and enforce rules that adhere to the “principles of good regulation.” A unique feature of FSA’s mandate is that its approach is less concerned simply with rule-making and enforcement, and more focused on outcomes that support its objectives in an “efficient and effective way” (Source: www.fsa.gov.uk).
Why should you confer with an IFA rather than simple “go it alone?” There’s a myriad of reasons. An IFA will meet with you and conduct an in-depth review of your current financial situation as well as your future goals. Then, he or she will prepare a completely customised life insurance plan for you. Since IFAs have access to information and insurance products that the general public does not, your life insurance quote will contain information on products and services you might never have discovered on your own.
An IFA can assist you in devising an overall financial strategy of which life insurance is a key component. In addition, an IFA has the power to negotiate with insurance providers to obtain the best possible cover at the most affordable rate, something members of the general public usually aren’t able to do.
Since the insurance industry is closely regulated, we ensure that our IFAs are familiar with all the latest rules and requirements, such as those related to disclosure and product costs. An IFA also advises clients about new products and about any changes in the legal or regulatory climate that may affect their clients’ insurance and financial needs. Why shop just a handful of insurers when one of our IFAs can explore hundreds on your behalf? With the simple act of filling in our contact form, you can start the process of obtaining fine-tuned life insurance cover. Why not do so today?