Can AI compare two insurance policy wordings accurately?

Broker AI extracts the structured terms — limits, exclusions, excesses, waiting periods — and presents them side by side for you to verify. It does the reading and structuring; you keep the professional judgement and confirm the output against the wording.

Does comparing on price alone satisfy FAIS?

No. Suitability turns on the client’s needs, so a recommendation has to be motivated on cover and fit, not price alone. A cover-level comparison is the evidence behind that motivation.

What documents do I need to run a comparison?

The policy wordings and schedules for the policies you want to compare. Broker AI reads them directly — no manual re-keying of limits and exclusions.

/ CMPGUIDE

Compare insurance policy wordings side by side

Comparing policy wordings by hand — reading two 60-page documents to find where the cover actually differs — is where brokers lose an afternoon per quote. Here’s what a proper comparison checks, and how Broker AI produces a side-by-side, client-ready comparison from the policies you upload.

Reviewed 8 September 2026 · Broker AI team

What to compare (beyond the premium)

A cheaper premium is meaningless if the cover is narrower. A defensible comparison lines up:

01Sums insured and cover limits, section by section.
02Exclusions and the wording that narrows cover.
03Excess / deductible structure, including voluntary vs compulsory.
04Waiting periods, endorsements and special conditions.
05Extensions included as standard vs optional.

Why this matters for FAIS advice

When you recommend one policy over another, the Record of Advice has to explain why — and “it was cheaper” is not a suitability motivation. A structured comparison of cover, not price, is the evidence behind a defensible recommendation.

Compare policies in minutes, not an afternoon

Upload the policy wordings and schedules and Broker AI extracts the limits, exclusions, excesses and waiting periods into a side-by-side comparison with a client-ready summary — so you can recommend on cover, not just price. POPIA-aware, built for South African brokers.

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Frequently asked questions

Can AI compare two insurance policy wordings accurately?: Broker AI extracts the structured terms — limits, exclusions, excesses, waiting periods — and presents them side by side for you to verify. It does the reading and structuring; you keep the professional judgement and confirm the output against the wording.
Does comparing on price alone satisfy FAIS?: No. Suitability turns on the client’s needs, so a recommendation has to be motivated on cover and fit, not price alone. A cover-level comparison is the evidence behind that motivation.
What documents do I need to run a comparison?: The policy wordings and schedules for the policies you want to compare. Broker AI reads them directly — no manual re-keying of limits and exclusions.

This page is general information, not legal or compliance advice. Always verify AI output against the policy wording.