For Insurance Referrers
We specialise in personal insurance for clients referred to us by mortgage brokers and other referrers.
Brokers often refer their clients after settlement to comply with the responsible lending criteria.
Our reviews are complimentary ($0) and obligation-free.
If clients go ahead with our advice, there’s no implementation fee.
We give referring brokers a referral fee which works out at between $500 and $2000 per client.
Click on the table or chart below to see payment distribution by age and income.
Click on the illustrations below to see straightforward illustrations of what referring to us looks like for you and your client:
Why refer to us?
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Costs your client nothing
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May protect your client, their family, their home and assets in case of unforeseen circumstances
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Strengthens client relationships
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Brings in revenue
Referring Brokers take comfort in our focus on insurance, knowing that we won't try to recommend an off-the plan property, in-house investment fund or other products that created the Royal Commission debacle
Referral fees
For introducing us to their client we give the Broker a referral fee which is calculated as 50% of the upfront commission. Depending on the insurance taken and whether the client is a single person or a couple, this fee can be between $500 and $2000.
More about us
Both Ben and Christopher are fully qualified and licensed Financial Advisers. Both have SMSF specialist qualifications and over a decade of financial services experience. In this current compliance-heavy environment, they focus on insurances for your clients unless they explicitly requested advice on other areas.
Christopher Hall:
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LinkedIn profile
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Christopher also runs Finer Market Points, an ASX-focused podcast channel on YouTube that can be viewed here
Ben Howarth:
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LinkedIn profile
Payments
Referrer fees are made once per month at the same time the Adviser is paid their commission by our licensee Rose Bay Equities.
As the payment is coming from the licensee, an AFSL which is audited and governed by ASIC, compliance requires a signed referrer agreement before payment.
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To receive payments, please email us the details of the bank account where you would like the referrer payments paid, as well as the corresponding ABN if there is one.
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Please include:
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BSB
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Account number
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Account name
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ABN
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We will pre-fill the agreement and send it to you electronically for your signature.