WHAT INSURANCE DO I NEED?
We know personal insurance can be a little confusing, so we’re here to help you figure out what you need, and how much, so together we can establish the right level of protection for you.
Below are some of the different types of insurances available in New Zealand. To find out more about any of these insurance covers or others not included here, talk with us.
If you have loved ones who are financially dependent on you, having life insurance becomes more important than ever.
With life insurance, your loved ones get a lump sum payment if you die – allowing them to continue life without the financial stress of paying the mortgage, paying for the kids’ education or paying for living costs. And if you get terminally ill, life cover pays out early so you can stop working to spend time with family and friends without worrying about your finances.
With private health insurance you get the healthcare you need when you need it, not when waiting lists dictate. Plus you have access to private hospital care, giving you the highest level of treatment and support.
While ACC covers accidents, it doesn’t cover illnesses. Private health insurance generally covers both physical and mental illnesses, as well as injuries – and you can choose the level of cover that suits you: from surgeries and hospital care, to additions like doctors’ visits, dental care and specialist appointments and much more.
If you can’t work for some time because of sickness or injury, income protection insurance pays you a regular income to take away the financial stress so you can focus on your recovery.
Your home is a big investment, and your mortgage repayments are likely to be the biggest expense you have.
With so much uncertainty in this world, there’s no such thing as job security anymore. This means having redundancy insurance makes more sense than ever before.​
With redundancy cover, you could get a monthly payment for up to six months to help with your living costs – to tide you over until you find your next source of income, whether it’s another job or a new business. Redundancy cover is an optional add-on to Income Protection and Mortgage Protection insurance.
For some people, getting permanently disabled can be worse than death itself.
Apart from not being able to earn an income, it could mean becoming totally dependent on others for feeding, clothing, transport and so on. Having a permanent disability can be very costly. With total and permanent disability insurance you get a lump sum payment if you become permanently disabled and are unable to work. It means you’ll have the finances to pay for your existing costs as well as the new ones that come up after you become disabled.
A trauma – or serious illness such as a heart attack, cancer or stroke – can happen at any time.
With trauma insurance, you get a lump sum payment if you experience any of the specified critical illnesses or injuries. You can use the money for anything you like – to pay your mortgage, for medical treatment or for living costs for example. Having insurance cover for a trauma or serious illness allows you to focus on family, not work, at a time when you need it most.
We also offer a range of insurances to cover your home, personal belongings and car
Being a landlord can be risky. Not only is your property at risk of being damaged by a tenant, it’s also at risk of being damaged by fire or a natural disaster. And what if your tenant stops paying rent, or your property is damaged and becomes unliveable? Your costs continue to escalate but you have no income. It can be a stressful time.
Landlord insurance can help reduce those risks as well as the stress.
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With landlord insurance your property could be covered for a range of events such as:
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Natural disasters
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Accidental damage by tenants
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Intentional damage by tenants
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Meth contamination
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Loss of rent
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It can be a huge weight off your shoulders knowing you have financial support if something does go wrong.
1. Subject to the terms, conditions and exclusions of the Policy Schedule and Wording.
