Perform a regulatory compliance self assessment for free.
Answer simple questions and get your compliance score in 5 mins.
This compliance scorecard tool is the most comprehensive compliance checker in the market.
Around 42% of insurance advisors fail to comply in annual audits and the worst part is they even don’t know what they are missing.
This audit compliance tool can be used for insurance compliance as well as financial planning compliance.
It covers different stages of the flow such as notes, documentation and client communication, so that you will know where you fall behind in regulatory compliance practices.
Know everything about your business practice. See what is missed, where you lacked and how to improve.
Clients entrust advisors with their private information. Self assessment helps in identifying privacy issues & resolving them.
Identify compliance risks in advance and always be ready for annual regulatory audits. Improve efficiency and lowers costs.
Regularly assessing compliance risk saves significant amount of time. Avoid the headache of having to sort through a non-compliance issue.
Compliance assessment helps in identifying potential issues in advance, reducing the chance of failure, thus, protecting your reputation.
Identify compliance risks proactively. Make sure to address each one so that you can make informed decisions.
Identify the carrier, the product sold and type of insurance it represents
A plain language summary of the client circumstances that led to the recommendation
A plain language description of the needs addressed by the recommendation
If the recommendation does not address certain needs , a follow up plan to address in the future
A plain language explanation on any fee structures chosen (where there was choice)
Opportunity for the client to ask any questions if any information is unclear or incorrect.
Here are some advance features to be added in Compliance Checker Tool