At OWLFI, we’re proud to help our clients plan their financial future. Whether this is done by saving, investing, or insurance policies, we provide services that are designed to help you get to where you need to be financially secure at retirement. When it comes to planning for retirement, you can never be too careful with protecting your funds. This is why we offer asset protection insurance from our insurance brokers to cover your retirement funds. However, we understand if you’re not sure if you should shop for insurance independently or work with an insurance broker, so we have more information below about the things an insurance broker can do to help you.

What is an insurance broker?

Similar to an insurance agent, an insurance broker is an intermediary who represents a client when working with an insurance provider. However, the difference between an insurance broker and an agent is that a broker works for you while an agent works for the insurance company. Because insurance brokers work with insurance companies regularly, they are experts in the jargon used by insurance as well as the various plans each company offers.

How does an insurance broker work for me?

Part of the job of an insurance broker is to find the right insurance company with the right plan for you. Part of doing this includes understanding your individual needs and what assets need to be covered. Your broker will not only find the best plan to meet your needs but can also find a way to combine plans from different companies if this provides you with the best available coverage for the price. Once your broker has found a plan or plans that fits what you need most, they will work with you to purchase it.

As part of finding the appropriate plan, your broker can help you understand the different types of plans that are available. Whether you’re looking for guaranteed asset protection (GAP), life insurance, or you’re not sure what you’re looking for, your broker can lay out the terms of each plan so you have a full understanding of everything that goes into what you’re looking for.

Why should I work with an insurance broker?

By working with an insurance broker, you can not only save money but get the best available coverage. Remember, an insurance broker has your best interests in mind, so they’re trying to help you rather than the insurance company. Furthermore, your broker is well-versed in plans and coverage options that are available, therefore serves as an excellent source for browsing policies from different insurance companies.

Contact OWLFI to get started

The insurance industry is complex and uses a lot of jargon that can be difficult to understand. An insurance broker is an excellent source for shopping plans and coverage options to find what’s best for you and your financial future.

Get started working with our insurance brokers to find an asset protection insurance plan today. Give us a call at 913-441-8380 or send us a message using our online contact form. If you prefer, you can also send an email directly to our team at owlfi@owlfi.com or chat directly with our team using the tool on our site. The team at OWLFI is ready to help you plan for your financial stability.