Why Disclosure Matters in Insurance Advice – Insights from Payal Sharma

Disclosure is an important aspect when selecting an insurance adviser. Payal Sharma from Fundagroup Insurance Brokers makes sure that clients have all relevant information regarding services offered, charges, and responsibilities. Being a registered advisor with the FMA, there is an assurance of compliance with all the financial laws in New Zealand.

The range of advisory services covers both domestic and business insurances including house insurance, car insurance, maritime insurance, professional liability, and cyber insurance. Clients are informed on administration costs, cancellation fees, and payment modes.

The existence of any conflict of interest is made known and commissions involved are stated. There is a well-articulated complaint process in place and clients can use the services of Financial Services Complaints Ltd (FSCL).

Client information is also safeguarded by the Privacy Act 2020.