Senior health insurance: understanding brokers
Senior health insurance: understanding brokers. Organisations involved in brokers can act as insurers, brokers, administrators or advisers. Understanding who underwrites the risk and who receives payment helps a senior assess possible conflicts of interest.
Benefits and exclusions: brokers
With brokers, identify the licensed insurer, sales intermediary and claim manager, and review any fees. A policy’s written terms are more reliable than an intermediary’s broad marketing statement.