Parka Insurances Limited

“Parka Insurances provides advice to our clients about their Health and Life insurance (Personal & Business Risk Insurance).”

“Parka Insurances may charge a fee for the financial advice provided to a client in the following circumstances: - Where a client cancels a life, income, mortgage, trauma or health insurance policy within two years of starting the policy. Whether we charge a fee and how it will be charged will be advised when we provide the client's advice. This fee will be payable by the client by the 20th of the month after the policy is cancelled. - Where Parka does not receive a commission from an insurer. A one-off fee may be charged.”

“To ensure that our Financial Advisers prioritise the client's interests above their own, we follow an advice process that ensures our recommendations are made on the basis of the client's goals and circumstances. We further manage possible conflicts of interest by: - Avoiding any production requirements set by any one provider - Ensuring access to a range of insurance providers - Using third party product research tools as a part of our analysis - Having our processes audited annually by an external compliance adviser”

“Parka Insurances Limited has not been subject to a reliability event. A reliability event is something that might materially influence you in deciding whether to seek advice from Parka Insurances Limited. As an example, it would include legal proceedings or bankruptcy.”