Exclusive Short-Term Insurance Commercial Opportunity
Some of the most valuable lessons learned during these unprecedented times are maximising our commercial opportunities and capturing every possible savings opportunity for our valued clients.
As a result, IFAnet engaged with Cornerstone Insurance (a focused short-term business) to bring their expertise to you and your client base.
The hope through this strategic partnership, you as the Independent Financial Advisor (IFA), will provide a Value Add to your clients BUT at the same time leverage your client base and earn an additional annualised income stream – in a license category you may not have.
Should you opt into the opportunity, IFAnet will provide:
- Contractual protection;
- Discount structures to offer your clients;
- Facilitate the marketing campaign through a dedicated project manager.
DUTIES OF ALL PARTIES
IFA
- Agree marketing strategy upfront
- Procure referrals
- May not offer advice
Cornerstone Insurance
- Follow up on referrals
- Sell short term in accordance with FAIS requirements
- Implementation and fulfillment
- Close the deal!
IFAnet
- Provide the marketing and project management services
- Drive the project with the IFA to commercial viability
The commercial objective would be to gain 100 short-term clients per IFA practice. The IFA will receive 30% of all commissions on the book for as long as the client remains on the IFAnet Client Scheme. The project would look to get to commercial viability within three months.
Should you wish to engage and explore the opportunity please email GINA CIANI ginac@ifanet.co.za
