Scenario
A bank that also proposes the cover
The family's bank recommends its own insurance, and nobody has compared it.
- The situation
- The family banks, borrows and insures through one private bank, which also proposes the family's cover. No one has looked at how these arrangements compare with other providers.
- What we would do
- We review the family's banking, lending and insurance as part of its plan, independent of any one provider. The family's CFO coordinates the banks and insurers it chooses, with the family approving what matters.
- Where it leaves the family
- The family's bank and cover are each chosen on their merits, not because they came together.