Should You IFA-It For Life Insurance?
IFAs, or Independent Financial Advisers, used to be invaluable sources of information for individuals and couples alike who happened to be looking for life insurance. A couple of decades ago, most people would go to an IFA for independent advice as to which policy they should go for and indeed an idea of exactly what was available for them in the first place. However, the use of IFAs dropped off a bit, an assertion which is backed up by sales information and data relating to their use as per numerous studies. Why?
Well, the first reason is that some advisers actually became known for preferring certain life insurance policies as a result of the commission they received. Thanks to the minority, they became tarred with the same brush and people began to distrust IFAs. However, people also failed to see the need for life insurance, which is proven by the drop in policies taken out in the last few years. If you are one of those that would like to see what is out there without bias but cannot or do not want to go to an Independent Financial Adviser what options are available to you?
Well, comparison sites for a start. Sites like Sun Alliance simply offer you quotes for life insurance based on the information you input, meaning that it matches policies to specific criteria. There is no bias and any sponsored links or policies are clearly marked so that you can avoid any hint of bias if you so wish. You can compare policies based on features, premium and length of policy and specify exactly what you want and need from it. With this in mind, the Sun Alliance comparison site is the ideal place to go for help. You can also visit quickly and easily from the comfort of your own home. No need to get dressed. Just turn on and login to find the best possible value for money on life insurance for you.