While many people understand the importance of life insurance, health insurance and allied financial services, their needs could be as varied as the products and services available, says Affinity Financial Services Limited (AFSL) Director and Principal Advisor Praveen Ray Chand based in Auckland.
Insurance policies and financial services are undoubtedly designed to assist people to lead successful and healthy lives but they should understand the terms and conditions of such services, he said.
“Our primary objective is to assist our clients in analysing the products and services on offer and match them to their specific requirements. We discuss with them a number of options that are cost-effective and useful, enabling them to get the best value. We work with our clients to ensure that their family and business are well protected,” he said.
Distinguished membership
His sound knowledge of the financial services and insurance sectors enabled him to obtain membership of the internationally renowned ‘Million Dollar Round Table’ (MDRT).
Established in 1927 in Illinois (US) and an office in Singapore, the organisation provides its members with resources to improve their technical knowledge, sales and client service, while maintaining a culture of high ethical standards.
“Members of MDRT represent top life insurance and financial service professionals worldwide,” Mr Chand said.
He is also a member of the Professional Advisors Association (PPA and The Institute of Financial Advisors (IFA) New Zealand.
Specialised services
AFSL specialises in Life Insurance and Financial Services to individual and commercial clients, representing a number of highly rated and respected insurance companies.
“Our primary areas of expertise include Life insurance and Mortgage products, disability income, mortgage protection cover, medical insurance, in-force policy review, health insurance, business insurance including succession and disability insurance. Our services can be broadly categorised as Personal Insurance and Business Insurance, comprising all aspects of insurance products to promote the financial and social wellbeing of our clients,” Mr Chand said.
Following are some of the products and services of AFSL.
Personal Insurance: Accidental Death, Disability Income Protection, Essential Disability Income, Family Protection, Life Cover, Living Assurance, Total Permanent Disablement, Waiver of Premium, Specialist and Diagnostic Testing, Absolute Health Insurance, Mortgage Instalment Insurance, Mortgage Instalment Insurance Redundancy, Life Insurance and Critical Illness
Business Insurance: Business Continuity, Business Income Support, Life Cover, Living Assurance, Total Permanent Disablement, Waiver of Premium, Start-Up Income Protection
Mortgages Advice: Property Investment Finance, Mortgage Refinance & Debt Consolidation, Self Employed Borrowers
According to a client, Affinity focuses on the objectives of each client and ensures that they clients have the best solutions to fit their specific needs.
“This approach has helped Mr Chand to develop the expertise to handle different types of cases and special situations. Some of his areas of focus include key man insurance, business continuation insurance, mortgage protection insurance, helping individuals with health issues and obtain competitively priced and comprehensive insurance.”
Photo:Praveen Chand
