don't set and forget

Making your insurance work for you isn’t just about signing on the dotted line. It can be all too easy to ‘set-and-forget’ your insurance unless something happens and you need to claim. But if there is one thing you take out of this quick read, let it be this: make your insurances part of a regular ‘financial health check’.


Understand your policy (really understand it)

The ‘set-and-forget’ approach to insurance (which is, by the way, completely understandable), has a couple of key downsides. First, it can mean that you forget about certain benefits of your policy and potentially miss out on a valid claim. And second, without reviewing your cover on a regular basis as your life and situation change, you can unwittingly expose yourself to the risk of being under-insured or having an outdated policy.

The good news is that with us in your corner you don’t need to wade through policy wording for a refresher on the benefits your insurance offers (and what you can claim on). All you have to do is pick up the phone or send us an email and we’ll happily talk through the detail with you. And of course, we’ll remind you when it’s time to check-in on whether your insurance needs a tweak or two, which brings us to the next point…


Make the most of the review process

As you know, your insurance policy renews annually. A year may not seem like a long time, but when you sit down and talk through where you are at today, it can be amazing how much has changed. And it’s that change that we, as your adviser, need to know about so that we can assess whether your insurance is still in line with your life and needs. Think of it as an opportunity to take stock and move forward with confidence that you have the right protection in place (even if no change to your insurance is needed)


Put us to work at claim time

Perhaps an obvious one, but never hesitate to contact us if: (1) you want to know whether you can claim on your insurance, or (2) you know you can claim and need to lodge it with the insurer. We’ll help you understand what you can claim on, work through the claim documentation with you and facilitate the claim process with your insurer. As we said – put us to work at claim time; we’re in your corner.

We look forward to seeing you at your next insurance review. As always, if you have any queries in the meantime, we welcome you to get in touch.

If you want to learn more about how we can help you, contact one of our advisers today.

An Adviser Disclosure Statement is available free and on request.