- Joined
- Oct 11, 2013
- Messages
- 3,909
- Reaction score
- 4,523
- Points
- 10,835
- Age
- 43
- Location
- Port Elizabeth
Good day Members,
As some of you may know I recently joined OUTsurance. And I am thoroughly enjoying it. I would like the members of Carb to be fully aware of this and please consider me for your insurance needs. OUTsurance employees go through a thorough vetting process. And excluding this, I believe my iTrader and record on Carb shows that I am a person of integrity.
OUTsurance have a nice commission structure and earnings are also based on performance over three month period. So the better you do right from the start the greater your earning. And I need a good start!
So what can I offer?
Any short term insurance. I am employed as a commercial broker and my focus is on Business Insurance. So Building, content, stock, theft, Business Interruption, Etc etc. Even Money, Fidelity, Fleet Vehicles, Goods In Transit, Product Liability (like a take away shop) and defective workmanship.
I can also do personal insurance for your home, content, theft and of course vehicle. Basically any insurance excluding long term or life insurance.
Some FAQ I have come across so far.
Who do you represent? OUTsurance.
I thought OUTsurance don't have brokers? Well, they didn't. However, OUTsurance are wishing to gain more market share in the commercial market and in order to do this they need brokers. The client will then deal with the broker directly and not with the call center.
I have a broker and I am happy with them. Why should I consider a move? OUTsurance operate independently and your broker would not have been able to get a quote from OUTsurance.
Will you beat my current premium? I can try, but lets say no. You don't join OUTsurance to get the best offer. You join OUTsurance for the service and other benefits. With that said I will apply the best offer I can to any carbonite member. You have my word on this.
What service benefit does OUTsurance have? Explain please? Well, OUTsurance are highly rated for having the fastest turn around time in claims and they also have the least number of referrals to the Ombudsman when compared to major insurance companies in South Africa. In short, OUTsurance receive the least number of complaints from their clients when compared to other major insurance companies.
Ok so service is the offer then. But I can't overlook what I pay a month just for service? Good point. However good service is always better than a slightly lower premium. OUTsurance also work on a flat excess and not percentage based. Why would you want to save a few rands a month just to be charged a 10% excess on a vehicle that is written off? Regarding your monthly premiums, this is where the OUTbonus comes in. The OUTbonus is a cash back to you after 3 years as a thank you for your business. You can get back 10% of your premium. After 2 years you can get another 10% back. And thereafter you can get up to 10% every year. With that said,
Do you mean 10% of all premiums paid or just 10% of a year? 10% of all premiums paid.
What is the catch? No catch, but terms and conditions do apply. Claims will affect your OUTbonus.
If I claim, will I still get an OUTbonus? Yes, provided your claims ratio is less than 30%. For example: You pay R10 000 a month on Insurance. Over 3 years you have paid R 360,000.00. You are now eligible for a R36,000 cash back. However you had a claim of R 30,000 last year. Your claims ratio is then 8% and well below the 30%. You will still get around 8% cash back.
Ok this sounds fair. Anything else?
Yes, and this one is important. I represent a financial services provider offering financial advice. In order for me to assist you with a quotation you will need sign a letter of authority which gives me permission to assist you with a quote. This is in order for us to be compliant with the laws regarding POPI act etc and also that you give OUTsurance permission to access your credit profile. This is not a hard enquiry on your credit profile and is more a check for any record of fraud than anything else This is no different to any other insurance company. We are just very upfront about it. You will also be giving me access to your personal information such as address, home, content, etc. Once again, this is no different to any other insurance company you may have already done this with or when talking to a stranger at a call center. At least this time round you know it's me and who I am.
Ok. Fair enough. What would you need to do a quote? A signed Letter Of Authority (LOA) and a copy of your policy schedule. I can quote without the schedule however this will become a longer process. Seeing your current pricing gives me no benefit in any way since I cannot change what OUTsurance charge for the different risks. The only control I have over the pricing is a discount than can be applied to the entire policy, but this is limited. Send me a private message with your email address, name, surname, and cell number. I will then send you the LOA needing your signature.
Ok so you do a quote and I decide to accept the quote. What happens then? You then sign a Record Of advice with OUTsurance. We capture your bank details and debit order date. You will then be covered with OUTsurance as soon as your debit order goes off.
How much notice do I need to give my current Insurer? You can cancel your insurance with your current insurer immediately. No notice needs to be given. Your current insurer/broker may tell you that this cannot be done but you are welcome and within your right to tell them to go fly a kite. Just like our clients are allowed to do to us.
Most clients prefer to let their cover with OUTsurance start and beginning of a new month and then let their current insurer cover them until the end of the current month. But this is entirely up to you.
Why should I deal with you? Because I am 100% honest and sometimes too honest. I have frequently clashed heads with management in the past where I have fought for my clients. Many of them never even knew about it, but every client who dealt with me in the past has always wanted to deal with me again. I put the client first. Always. You will then have me on call anytime for any assistance you ever need.
I am already with OUTsurance and I joined by calling the call center. Are you able to take over my policy and I deal with you as my broker? Yes, this can be done. I will request a migration of your policy to me. You will recieve a call from OUTsurance to confirm this. Once confirmed you will then sign a new ROA with me and I will then be your broker. I will then be your contact person and not the call center.
Anything else? Yeah, have a good day!
Feel free to post any questions below.
As some of you may know I recently joined OUTsurance. And I am thoroughly enjoying it. I would like the members of Carb to be fully aware of this and please consider me for your insurance needs. OUTsurance employees go through a thorough vetting process. And excluding this, I believe my iTrader and record on Carb shows that I am a person of integrity.
OUTsurance have a nice commission structure and earnings are also based on performance over three month period. So the better you do right from the start the greater your earning. And I need a good start!
So what can I offer?
Any short term insurance. I am employed as a commercial broker and my focus is on Business Insurance. So Building, content, stock, theft, Business Interruption, Etc etc. Even Money, Fidelity, Fleet Vehicles, Goods In Transit, Product Liability (like a take away shop) and defective workmanship.
I can also do personal insurance for your home, content, theft and of course vehicle. Basically any insurance excluding long term or life insurance.
Some FAQ I have come across so far.
Who do you represent? OUTsurance.
I thought OUTsurance don't have brokers? Well, they didn't. However, OUTsurance are wishing to gain more market share in the commercial market and in order to do this they need brokers. The client will then deal with the broker directly and not with the call center.
I have a broker and I am happy with them. Why should I consider a move? OUTsurance operate independently and your broker would not have been able to get a quote from OUTsurance.
Will you beat my current premium? I can try, but lets say no. You don't join OUTsurance to get the best offer. You join OUTsurance for the service and other benefits. With that said I will apply the best offer I can to any carbonite member. You have my word on this.
What service benefit does OUTsurance have? Explain please? Well, OUTsurance are highly rated for having the fastest turn around time in claims and they also have the least number of referrals to the Ombudsman when compared to major insurance companies in South Africa. In short, OUTsurance receive the least number of complaints from their clients when compared to other major insurance companies.
Ombudsman for Short-Term Insurance
We OUTperformed the 12 largest comparable insurers. This is less than the average referral rate for the 12 largest comparable insurers (by claims volumes), which sits at 2.374 complaints per 1 000 claims.
www.outsurance.co.za
Ok so service is the offer then. But I can't overlook what I pay a month just for service? Good point. However good service is always better than a slightly lower premium. OUTsurance also work on a flat excess and not percentage based. Why would you want to save a few rands a month just to be charged a 10% excess on a vehicle that is written off? Regarding your monthly premiums, this is where the OUTbonus comes in. The OUTbonus is a cash back to you after 3 years as a thank you for your business. You can get back 10% of your premium. After 2 years you can get another 10% back. And thereafter you can get up to 10% every year. With that said,
Do you mean 10% of all premiums paid or just 10% of a year? 10% of all premiums paid.
What is the catch? No catch, but terms and conditions do apply. Claims will affect your OUTbonus.
If I claim, will I still get an OUTbonus? Yes, provided your claims ratio is less than 30%. For example: You pay R10 000 a month on Insurance. Over 3 years you have paid R 360,000.00. You are now eligible for a R36,000 cash back. However you had a claim of R 30,000 last year. Your claims ratio is then 8% and well below the 30%. You will still get around 8% cash back.
Ok this sounds fair. Anything else?
Yes, and this one is important. I represent a financial services provider offering financial advice. In order for me to assist you with a quotation you will need sign a letter of authority which gives me permission to assist you with a quote. This is in order for us to be compliant with the laws regarding POPI act etc and also that you give OUTsurance permission to access your credit profile. This is not a hard enquiry on your credit profile and is more a check for any record of fraud than anything else This is no different to any other insurance company. We are just very upfront about it. You will also be giving me access to your personal information such as address, home, content, etc. Once again, this is no different to any other insurance company you may have already done this with or when talking to a stranger at a call center. At least this time round you know it's me and who I am.
Ok. Fair enough. What would you need to do a quote? A signed Letter Of Authority (LOA) and a copy of your policy schedule. I can quote without the schedule however this will become a longer process. Seeing your current pricing gives me no benefit in any way since I cannot change what OUTsurance charge for the different risks. The only control I have over the pricing is a discount than can be applied to the entire policy, but this is limited. Send me a private message with your email address, name, surname, and cell number. I will then send you the LOA needing your signature.
Ok so you do a quote and I decide to accept the quote. What happens then? You then sign a Record Of advice with OUTsurance. We capture your bank details and debit order date. You will then be covered with OUTsurance as soon as your debit order goes off.
How much notice do I need to give my current Insurer? You can cancel your insurance with your current insurer immediately. No notice needs to be given. Your current insurer/broker may tell you that this cannot be done but you are welcome and within your right to tell them to go fly a kite. Just like our clients are allowed to do to us.
Most clients prefer to let their cover with OUTsurance start and beginning of a new month and then let their current insurer cover them until the end of the current month. But this is entirely up to you.
Why should I deal with you? Because I am 100% honest and sometimes too honest. I have frequently clashed heads with management in the past where I have fought for my clients. Many of them never even knew about it, but every client who dealt with me in the past has always wanted to deal with me again. I put the client first. Always. You will then have me on call anytime for any assistance you ever need.
I am already with OUTsurance and I joined by calling the call center. Are you able to take over my policy and I deal with you as my broker? Yes, this can be done. I will request a migration of your policy to me. You will recieve a call from OUTsurance to confirm this. Once confirmed you will then sign a new ROA with me and I will then be your broker. I will then be your contact person and not the call center.
Anything else? Yeah, have a good day!
Feel free to post any questions below.
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