When choosing a financial adviser, consider the following factors:
- Qualifications: Ensure the adviser is properly qualified and registered with relevant professional bodies.
- Experience: Look for an adviser with experience in life assurance and a track record of helping clients with similar needs.
- Reputation: Check reviews, testimonials, and references to gauge the adviser’s reputation.
- Fee structure: Understand how the adviser is compensated (e.g., fee-based, commission-based) and ensure there are no hidden costs.
- Personal rapport: Choose an adviser with whom you feel comfortable discussing your financial situation and goals.
- Transparency: Ensure the adviser provides clear, unbiased information and explains the pros and cons of different policies.