In a world where the cost of treatment is rising, and the health risks are stacking up, it has become essential to opt for health insurance to mitigate financial and physical risks. But despite its importance and necessity, there is a lack of awareness and understanding of insurance, whether it is the coverages, the exclusions, the conditions, the terms, and confusion about which one to choose.
This is where a health insurance agent showcases their expertise and can help you secure your family’s health. But what exactly is an insurance agent, what do they do, and how is working with them beneficial when purchasing a policy?
What is an insurance agent?
An insurance agent is an individual licensed to sell insurance policies. They have in-depth knowledge of insurance products and help customers by recommending the best policies for their needs.
Imagine this scenario: you’re a first-time insurance buyer faced with the challenge of distinguishing between two plans. These plans may vary in terms of coverage, exclusions, sum insured, premium prices, and more. For many individuals, the primary point of comparison might be the cost. While some insurance buyers may assume that a higher-priced policy offers better features, others may believe that expensive plans are designed to exploit and opt for the cheaper alternative.
In this situation, you may pay more for coverage you don’t need or for a policy that fails to adequately protect you. This is where an agent steps in, providing expert advice to clarify any confusion and assist you in selecting the right plan tailored to your specific needs.
What does an agent do?
There are several roles and responsibilities an agent fulfills daily. While their primary responsibility is as a sales function, i.e., selling more policies and getting more customers for an insurer, they have, over the years, assumed a more advisory role. This is aimed at helping people acquire the best policy for their needs and securing their and their family’s well-being.
Agents essentially find new or follow up with existing customers, showcase the various policies they sell from the insurer they are affiliated with, recommend the best policy based on the customer’s needs, and then sell the policy they choose.
How does an agent help secure the health of your family?
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They understand your pain point.
An agent’s first job is to listen to the customer and understand their requirements. This is to understand your needs and help solve them.
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They offer genuine advice.
The agent is a human and thus can empathise with you and offer genuine advice.
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They offer personalised recommendations.
An agent is a trained expert with in-depth knowledge about the products and can make personalised recommendations based on your needs.
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They dispel any jargon or misunderstandings.
A policy document is a legal document and thus contains jargon and other legal terms, which can confuse. An agent can help dispel that and clear any confusion.
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They offer financial advice.
An agent can offer financial advice to help you plan and budget for the policy based on your earnings, savings, etc.
If you are looking to purchase an insurance to secure the health of your family, consider Niva Bupa. They have plans for everyone’s needs and their agents offer dedicated and exceptional guidance and aid to their customers.
Conclusion
Over the years, insurance has become an integral aspect of our lives. By pooling resources and offering claims worth dozens and hundreds of times the original sum, insurance has helped innumerable people safeguard their health and well-being while ensuring financial security and protection.
Despite the necessity of insurance, purchasing the right insurance is sometimes confusing and daunting. With so many options, and decisions which have real impact on the well-being of your family, it often causes choice paralysis.
But there is a way: by working with an insurance agent, you can buy an insurance plan you can rely on and secure the health of your family with confidence and trust.