Allied Dunbar Assurance

Having worked for Allied Dunbar and for an Independent Financial Adviser, I feel that I am in a position to comment objectively on the products and service offered by Allied Dunbar.

Under no circumstances should anybody take out a policy with this company. The direct sales advisers are motivated purely and simply by commission and targets. The same may be said of all direct salespeople, but in this case, the incentives are massive. ...
.../> Policy charges with all Allied Dunbar products are outrageously high compared with every other company in the industry. I do not know of a single IFA who uses Allied Dunbar on a regular basis. This is because the products are very restrictive, not flexible or client-focused, as well as being very expensive with high policy fees.

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Having worked for Allied Dunbar and for an Independent Financial Adviser, I feel that I am in a position to comment objectively on the products and service offered by Allied Dunbar.

Under no circumstances should anybody take out a policy with this company. The direct sales advisers are motivated purely and simply by commission and targets. The same may be said of all direct salespeople, but in this case, the incentives are massive. Advisers are offered trips to the Caribbean, Thailand and America for producing the highest figures in their region. In my own personal experience, one adviser was helped to falsely inflate his figures by his manager because managers are rewarded for branch production as well. This is what the policy charges pay for.

Policy charges with all Allied Dunbar products are outrageously high compared with every other company in the industry. I do not know of a single IFA who uses Allied Dunbar on a regular basis. This is because the products are very restrictive, not flexible or client-focused, as well as being very expensive with high policy fees.

 

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