Nowadays, people can buy insurance via various channels - insurance agent, independent broker, the website of insurance company or online banking. I normally buy insurance through an independent broker. I've known him for many years. I trust his recommendations. How do you buy insurance?
How do you buy insurance?
- Thread starter Springtime
- Start date
I am also an insurance broker, you can get an insurance policy direct from the insurance office and can pay your premium via credit card or pay it personally according to your term of payment. But I suggest yearly or semi-annually.
That is true, an insurance agent is needed but one can go directly to the insurance office if not busy. But much better if it is thru an agent so the agent can have a record and a commission.
It is important to buy insurance policies because it is good for the business.
It is very important to understand the coverage and the limits of your insurance plan. That's why it is best you use a broker. A broker would explain everything to you line by line.
if you are a newbie using a broker is probably the best option because they will simplify everything to you in order to make the best choice.
Though there are various means insurance can be bought. However, in Nigeria, people would prefer buying insurance through brokers or visiting insurance houses. Not many people engaging in insurance through internet as people don't 100% trust services on internet.
It's very critical to buy insurance because it's a very good way to embark on business protection.
There are lots of insurance brokers in Nigeria. People tend to purchase their policy through insurance brokers or insurance agents. Credit cards are not mostly used because they have low credit limit allowed on them daily and monthly. Similarly, most people prefer third party insurance schemes than any other policies.
