Risk & Insurance Articles
Teaching financial literacy at school would save debt-plagued Kiwis a lot of trouble later in life, a Hastings financial adviser says. The comments follow an OECD report that’s found Kiwi teenagers have above average financial literacy, but students from poorer backgrounds are likely to be less money savvy than their richer peers. The OECD PISA … Read more…
Getting ready for retirement should be fun, a time of relaxed planning and dreaming big. What will you do with your free time? How will you design your future? Of course, behind every decision to come there is one big driver: money. Being free to pursue new goals and a new lifestyle will be largely … Read more…
Hundreds of thousands of home owners could be under-insured and would not be able to have their houses rebuilt to current values after a disaster. The Herald reported last month that New Zealand’s biggest insurer had revealed 60 to 75% of its 800,000 home owner policy holders had not responded to new estimated house values … Read more…
Life and income protection insurance payouts in the year ending December 2013 hit $1,113,506,000, the third consecutive year the industry has paid out more than $1 billion in claims. Financial Services Council (FSC) Chief Executive Peter Neilson released the industry statistics for the year to December 31, 2013, welcoming the growth in income protection insurance … Read more…
A goal without a plan is just a wish. A mere 3% of people know how to set goals – but that 3% accomplishes more than the other 97% combined. This statistic drives home the point that, if you want to be successful, you’ve got to learn how to set goals. You probably have a … Read more…
Great, you’ve got life insurance. Here we outline some pitfalls you also need to aware of, so you don’t leave your loved ones in the lurch when you’re no longer around. Cancelling when times are tough It’s not uncommon for people to cancel policies, only for disaster to strike just weeks or months later. Insurance … Read more…
It’s important to get health insurance cover to help protect you and your family from unexpected healthcare costs. Health insurance also gives you the peace of mind that you can get access to treatment when you need it. It gives you options so you can get treatment for qualifying medical treatment quickly, and avoid public … Read more…
When you think about health issues faced by your family and friends over the years, it seems that only a few people reach old age without a major health set-back along the way. There’s the ‘big three’ – cancer, heart attack and stroke – and then there are diagnoses like diabetes, lung disease, liver disease, … Read more…
When people set about ensuring they will be fully covered in the event of untimely demise or illness/disability of the main breadwinner in the family, they often don’t consider the homemaker. What financial or lifestyle changes would need to be made to keep the family and home environment in order if they weren’t able? Would … Read more…