What kind of policies are brokers required to review for clients?

Brokers are required to review all relevant insurance policies to ensure adequate coverage because it is their responsibility to provide comprehensive advice to their clients. This includes assessing existing insurance policies to determine if they meet the clients' current needs and provide sufficient protection against potential risks. By examining all relevant policies, brokers can identify any gaps in coverage, recommend necessary adjustments, or suggest purchasing additional types of insurance that may be beneficial. This thorough approach ensures that clients are adequately protected and aware of their insurance situation, fulfilling the broker's duty of care and professional obligation to their clients.