Why Use a Life Insurance Broker?
Why Use a Life Insurance Broker?

Why Use a Life Insurance Broker?

Personal Insurance That's Personal to You.

Get an obligation-free consultation from Absolute Insurance by completing the form below.

Send Greg a message:
★★★★★
He has always sought the best options for us and has provided sound advice as our circumstances charged over time.
Philip O'Connor

Philip O'Connor

★★★★★
Thanks to his support, I was able to secure several policies with some exclusions but no premium loading, which was a much better outcome than I had expected.
 Jessica Scholle

Jessica Scholle

★★★★★
Greg has gone above and beyond to help myself and my partner sort out our insurances
Kenneth Chiew

Kenneth Chiew

★★★★★
Greg was kind and understanding and helped me navigate the system. I now have insurance and it was minimal hassle at my end.
Christine Parfitt

Christine Parfitt

★★★★★
Greg was amazing to work with and really helped me receive the insurance I wanted for my financial protection when no others were able too.
 Natasha Maitland

Natasha Maitland

We highly recommend Greg for setting up insurance of any level, as he looks at your needs as well as the bigger picture to arrange insurance that suits your circumstances.

Michelle Curnow

Nollamara

He spent a lot of time working with different providers to get us the best coverage possible with our pre-existing conditions as well as working through different insurance scenarios to balance the right level of coverage vs cost.

Michelle

Nollamara

Greg made the whole process so easy, from our initial meeting where Greg then reviewed what insurances I had in place to a follow-up meeting where Greg presented options for me to consider based on what I wanted to achieve.

Lee

Wellard

A woman takes notes while listening to another person in a cozy office setting.

Why Should You Hire a Life Insurance Broker?

Do you have problems when it comes to purchasing life insurance? If you’re not sure about the decisions that you make, then hire a Life Insurance Broker. Choosing your life insurance plan is an important task so when you’re not sure about choosing, we have a great life insurance broker just for you.

Greg Maguire, Principal of Absolute Insurance, smiling in a Perth cafe

Greg Maguire - Your Perth Life Insurance Broker

Greg Maguire is a passionate insurance professional. He has an Advanced Diploma of Financial Planning from Deakin University and a Bachelor’s Degree from Edith Cowan University. Before becoming a life insurance broker, he started as a primary school teacher. But because of the bureaucracy there, he made a career change for himself and his family.

As a life insurance broker, he serves his clients not for the money but to build a better relationship with them in the long run. He will provide you with the best insurance needs that you will require and get you the best deals out there.

Parents swinging their young daughter between them on a country track at sunset.

Why Choose a Broker?

Buying life insurance directly from an insurer is more expensive than using a broker. You would save more if you purchase from a broker and they have access to an extensive number of life insurance companies that gives you a diversity of policy options.

They also have a great amount of experience and research on insurance policies, premiums, and features that allow you to compare with ease. They always keep you motivated and assist you to get good coverage for a lower price.

The best part of all is that they work for you and not for the insurance company. They make your needs and decisions their number one priority in order for you to meet your unique requirements.

Two cups of coffee with latte art on a wooden table, one cup in the foreground and a hand holding another in the background.

What Does a Life Insurance Broker Do?

The role of a life insurance broker entails a discussion about your life needs and conditions. This is to figure out what type of life insurance he could recommend for you to purchase. With the use of their knowledge and experience in the market and about the product, they can point out and suggest the correct insurance for you. Also, they properly assess the terms and conditions of your selected life insurance policy and continue to modify it in ways that would give you more advantages.

A couple sits together on the steps of a house, smiling and enjoying each other's company.

How Do Life Insurance Brokers Make Money?

With all the help that they give, you might wonder how they make money?

At Absolute Insurance, our advice comes at no direct cost to you. Like most life insurance brokers in Australia, we are paid a commission by the insurer once your cover is in place, so you get personal advice and ongoing support without an upfront fee. We will always be upfront about how we are paid.

A smiling woman in glasses sits in a yellow chair, looking at her smartphone in a cozy, modern living space.

What Questions Should You Ask Your Life Insurance Broker?

When you ask for the aid of a life insurance broker, you need to ask them a few questions before making a deal with them. Here are the questions you ask:

  • Are you employed by a life insurance provider?
  • If yes, do you earn commissions from them?
  • How much do you ask for your services?
  • What makes you qualified to be a life insurance broker? Do you have any qualifications or licenses to provide?
  • Am I really required to have life insurance? If so, then what is the perfect option for me?

If you’re ever in need of a life insurance broker, don’t hesitate to get in touch with us. Absolute Insurance will learn all about your needs and help you find a life insurance policy that best fits you.

Frequently Asked Questions

These are specialists in assisting clients in selecting the best life insurance plan for their necessities. They often have access to a large selection of options, and they may walk their clients through each insurance policy’s characteristics, advantages, and prices.

Both insurance brokers and agents can assist you in purchasing insurance coverage. Insurance agents, however, work to promote and sell products from the one insurance company that employs them. Insurance brokers can assist customers in comparing plans from several insurers and act as their representatives.

Yes. There are various advantages to buying life insurance through a broker. They can provide guidance on how to set up a plan to maximise coverage and advantages. Also, brokers might be able to secure better rates for you than you could on your own. They will even walk you through the full application and purchase process and assist you in understanding the specifics of any insurance you choose.

You should take into account a broker’s reputation, credentials, and experience before selecting one. To make sure they comprehend your needs and are able to offer you the finest guidance, it’s also advised to ask them questions.

One of the best benefits of working with a broker is their advice on how to best tailor your policy in ways you might not have thought about. They’re also extremely supportive and someone you can rely on in unsure circumstances. Although you can count on your broker to make every effort to get you the best insurance policies available, you might not be aware of the additional services they offer, so make sure to query this when speaking to one.

Claim Your Free Consultation

Want to find out more or not sure where to start? Get in touch for your free consultation. We’ll meet you at a Perth location that’s convenient to you to discuss how we can help you.

Book Now
Greg Maguire, Principal

Reviewed by

Greg Maguire

Principal

Greg Maguire reviewed this page to make sure the information is accurate and reflects current insurance practice. It is general advice only and does not take your personal circumstances into account.