Long-term Investment Insurance Brokers & Non-investment Insurance Brokers: These brokers deal with life insurance and pensions and require an FSA approved qualification in insurance or financial advice.
Non-investment Insurance Brokers: These brokers deal with motor or house insurance and any non-investment contracts. Such brokers do not require FSA approved qualification but it is preferred that acquire one from FSA as it will improve their credibility in the market.
Community Brokers: These brokers are located in your council or borough. They offer a personalized service in the form of advice, consultation, one-on-one sessions for auto, home and business categories.
Telebroker: A telebroker is like a telemarketer. They conduct a major part of their insurance business via the telephone. They offer commercial insurance products in the categories of auto, motorbike and home.
Internet Broker
This type of broker exists on the internet. You will not have a face to face meeting, as all the products and services are featured on their website. If you have any queries regarding commercial insurance, you can ask them through an email or through an online form.
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