Insurance Advisernet manages a central trust account for all our member brokers which means your premiums are held in a separate trust account until paid to the relevant insurance company.
Under the Intermediaries Act 1994 payment of the premium by you into this trust account is deemed to be payment to the insurer.
The trust account is subject to rigorous financial controls, including regular audits by an external auditor, and is fully compliant with the anticipated requirements of the latest legislation being proposed by the government.
You can pay your premium in a number of ways: