Of all of the many, many things that you need to be thinking about for your business on a daily basis, do you really want insurance to be one of them? First, there are many more types of insurance out there than you likely even know about. (Did you know there is pet insurance, identity theft insurance, and even lottery insurance?) And, for the more standard insurance that you do know about, like health or life insurance, there are different types of policies and facets that you may not even fully understand if you took a whole week to focus on nothing else (which you definitely don’t have time for). Instead, you should consider how an insurance broker could benefit your business by helping you to weed through the many different types of insurance that you need for your business or that you could offer as a benefit to your employees. Let’s look at the value an insurance broker could bring to your business.
The number one reason to hire an insurance broker is that they have the knowledge and expertise to help you determine what policies you actually need and to find the one that works best for you. You won’t have to learn about all of the different options there are and sift through them – your broker does that for you. He or she will listen to what you need and want and then help you determine the policy types that need those needs and wants. The broker can also handle all negotiations, renewals, and claims and keep track of important dates – so that you can focus on other things that matter for your business.
There is also the potential for great cost savings when you work with a broker. In many cases they can negotiate better terms and rates than you could on your own, even working directly with the insurance companies. There is also the added benefit of time saved since your broker is doing all of the hard work of finding the best policy.
Finally, if you’re worried about being talked into something that you don’t really need because the professional you’re working with actually works for the insurance company – worry no longer. Insurance brokers are independent insurance professionals. When you work with them, they represent you as their client and always represent your needs first. They sift through all of the available options and providers to find the best policy for you and only the policies that you actually need. This independence ensures that you always receive objective advice.
Partner with Malden Solutions Today
Malden Solutions has a wealth of expertise in providing employer insurance solutions, HR solutions, and individual insurance solutions to businesses both big and small. Our team of seasoned professionals can help you navigate the rapidly-changing world of insurance with ease. We partner with businesses and individuals throughout the country to provide our dedicated services for employee benefits but also work within our surrounding communities in Maryland, Northern Virginia, and Washington, D.C. Contact us today to learn more about how we can provide effective, dynamic solutions for your business. Stay connected with us on Twitter, Facebook, and Linkedin.