Stone Financial Consultants is a member firm of The Services Insurance & Investment Advisory Panel. It 's statement of principles are:-

STATEMENT OF PRINCIPLES

It shall be an overriding obligation of the Member at all times to conduct business with the utmost good faith and integrity.

A.   GENERAL PRINCIPLES

1.      In all its dealings with the Committee the Member undertakes to act in an open and honest fashion.

2.      In all its dealings with any member of the Armed Forces the Member undertakes to act in an open and honest fashion.

3.      The Member undertakes to respond in a timely manner to all

      enquiries made of it as a result of any issue raised by a fellow

      Member or by the Committee and to assist in any investigation.

4.      The Member agrees to provide the Committee with any information

      regarding its activities that is in the interests of the Panel or

      MOD and which is not of a commercially sensitive nature.

5.   Take all reasonable care in the appointment of a sub agent to

      ensure that such an agent would be able to comply fully with the

      standards required of a Member of the Panel, to verify the

      credentials of a prospective sub agent by obtaining references

      and to ensure that the sub agent is fully trained and competent to

      sell Contracts on its behalf.

6.  The Member shall do nothing that may bring the name of SIIAP

      into disrepute.

The Member Shall Not :-     

    1. Make any misleading claims for any products offered.

    2. Make inaccurate or unfair criticisms about products and services

        that are offered by anyone else.

B. EXPLANATION OF PRODUCTS

The Member shall :-

1.    Explain all the essential provisions of the Contract or Contracts

     which it is recommending so as to ensure as far as possible that

     the client understands what he is committing himself to.

    2.  Draw attention to any restrictions applying to the Contract.

3.    Explain to the client the nature of any exclusions that may apply,

     particularly  in relation to ' war, terrorism and weapons of mass

     destruction' exclusions and any exclusions or apportionments

     that may apply specifically as a consequence of his membership

    of the Armed Forces.

C. DISCLOSURE OF UNDERWRITING INFORMATION

The Member shall :-

1.   Avoid influencing the client and make it clear that all the answers

     or statements are the latter's own responsibility.

2.    Ensure that the consequences of non-disclosure and inaccuracies

     are pointed out to the client by drawing his attention tothe relevant

     statement in the proposal form and by explaining them to the client.   

    3.   Ensure that the client is aware of his duty of disclosure at all times

          and particularly in the event that the nature of his duties and his

          posting details result in a change of circumstances between the

          date of the signing of the proposal and the on risk date of the policy.