Who Can Sell Life Insurance?
Any person advising on or selling investments must be authorised by the Financial Services Authority as either a company representative or an independent financial adviser. The sales person will make his status clear and explain whether he is authorised to offer the products of one company only or whether he can advise on a range of different companies’ products. Insurance companies deal direct with potential customers either by telephone or through their sales persons but it is also possible to buy through independent financial advisers or other insurance intermediaries.