Viewing entries tagged
Life insurance
Wise words which apply to many things in life. The few dollars saved from buying a cheaper product are soon forgotten when the product is found to be defective, not deliver what you thought it would or need replacing after a fairly short period of time.
Being a stay-at-home parent is a full-time gig. As a teacher, counsellor, chef, housekeeper and more, they are contributing tens of thousands of dollars of unpaid work to your family every year.
Wearable devices, like Fitbit watches, are becoming more and more popular and insurers are interested in the data they collect.
Life insurance cover provides two main premium options – ‘stepped or ‘level’.
‘Stepped’ premiums increase yearly with age, any inflation adjustments and general changes in premium rates. Premiums are very affordable in the short term, becoming increasingly expensive in later years.
Cocksy is a New Zealand celebrity builder. But a diagnosis of terminal cancer meant he couldn’t work, and got him thinking about what he wanted to do with the life he had.
His Asteron Life insurance is helping him live his life the way he wants to, and plan for what he wants to leave behind.
Recent figures from Sovereign show that cancer continues to be the leading cause of life and trauma insurance claims.
Cancer made up 49.6% of Sovereign life insurance claims and 68.3% of trauma claims in the 12 months to 30 June 2016. with over $115 million paid out during this time frame.
Insurance companies ask a range of questions on policy application forms to obtain all of the information they might need. You must provide all the information you are asked for. But your duty to give information is not limited to the questions on the application form. Legally, you must tell your insurer about anything that could affect its decision to insure you or the terms and conditions you will be offered.
Figures on how New Zealanders spend their insurance dollars show we value our belongings more than we do ourselves.
Research undertaken by EY reveals New Zealanders spent 5.5 times more on non-life insurance premiums in 2011, than we did on life insurance premiums.
