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5 FCA permissions for advising on commercial insurance.

Protect Commercial Insurance

The following 5 Permissions are necessary if you’re advising or transacting on Commercial Insurance 1. This includes recommending a specific insurance policy to a customer. For example, notifying the insurer of an insurance claim and negotiating settlement on the customer’s behalf.

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Understanding Consumer Education and Property Insurance

Property Insurance Centre

By educating policyholders on the importance of documentation and providing tools to facilitate the process, insurers can help their clients protect their interests and ensure fair compensation. Insurance Agent Advocacy Insurance agents play a crucial role as advocates for policyholders throughout the claims process.

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Top Building Insurance Pitfalls To Trigger F.O.M.O.

Property Insurance Centre

Define the maximum amount that you are willing to spend additional in the case of a claim. It is important not to rely only on the words that a broker tells you, try to read all the details. If you’re unsure about any aspect of your policy, contact your insurance agent for assistance. – Declaring inaccurately.

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Emerging Property Insurance Trends 2024

Property Insurance Centre

Inflation and rising costs are major drivers of increased insurance expenses for property owners. To ensure adequate coverage, property owners should stay informed about the latest trends and collaborate closely with their insurance brokers to navigate the evolving property insurance landscape.