Life Insurance

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Funeral Insurance

Funeral Insurance Options This has got to be one of the most easy to understand insurance policies when it comes to what you are covered for and how much you pay in premiums. Funeral insurance is generally limited to smaller insured amounts, designed to pay for the last such as funeral costs, but could possibly be used for minor last expenses as well, such as legal costs. How Funeral Insurance Works You can choose an insured amount and the maximum amount may be different with different insurers. The unique part about Funeral Insurance is, if the person insured dies within [...]

2020-11-14T20:11:25+13:0022/10/2020|Categories: Blog, Life Insurance|Tags: , , , |

Cheaper premiums for life insurance

Cheaper Premiums for Life Insurance All of us want cheaper premiums for life insurance; it's only human nature to want to pay as less as possible but get as much as possible.  You may think that $50.00 is cheaper than $75.00, but what if I told you it is not? We often equate a lower price as being cheaper, but that is not always the case.  What you see in this example is a Price, but over time there is a Cost, but lowest Price does not always mean lower Cost, therefore is it cheaper. Price vs Cost Let's look [...]

2020-11-14T21:06:29+13:0024/08/2020|Categories: Blog, Life Cover, Life Insurance|Tags: , |

Life Insurance Comparison

LIFE INSURANCE COMPARISON  When looking for the right life cover for you, getting a life Insurance comparison between companies is a smart idea, especially when you look at the long term cost, as well as the immediate price. Price is one of the main driving factors when looking for life cover online, but there are a couple of other factors to consider when getting a life insurance comparison. LONGER TERM COST  How much is your cover going to cost you over the long term? As for accumulative premium projections over a ten year and 20 year period, as well as [...]

2019-04-20T08:45:00+12:0020/04/2019|Categories: Blog, Life Insurance|Tags: , |

Cheapest life insurance

Who has the cheapest life insurance Finding the cheapest life insurance is easy, but understanding the differences is not.   There is nothing wrong with paying as less as possible for what you want, but what is important is making an informed decision on the differences between your options then, decide which cover is for you. How much does life insurance cost? The cost of the life insurance premium depends on a number of factors such as; Age of the person insured Gender of the person insured Whether you are a smoker or non-smoker When you have any medical conditions that [...]

2018-08-20T11:06:08+12:0020/08/2018|Categories: Blog, Life Insurance|Tags: , , |

Level Premium Life Insurance

Level Premium Life Insurance is the better financial choice over the longer term. The main reason is that level premium life insurance starts off at a higher premium but does not increase each year. Premiums are typically guaranteed and fixed for the specified term. Level Premium Life Insurance If you plan on keeping your life insurance for longer than ten years, then you should seriously consider Level Premium Life Insurance in whole or part of your cover.  You may not have the budget for all of your cover to be on a Level Premium, but you should look at having [...]

2018-03-20T11:39:10+13:0020/03/2018|Categories: Blog, Life Assurance|Tags: , , |

Best funeral insurance

Who has the best funeral insurance is a relative question because it depends on a couple of factors. It depends on who you are insuring, how old they are and their current health status.  Some people ask for funeral insurance, but after asking questions, all the wanted was a small amount of life cover.  Funeral insurance is a specific type of protection with limitations, and my advice is, if you can get Life Cover, then I think you are better off. So what's the difference? The difference between the best funeral insurance and life cover is that in most cases [...]

2018-02-20T10:27:48+13:0020/02/2018|Categories: Blog, Life Insurance|Tags: , |

Understanding your life insurance policy

Recently AMP declined a Life Insurance Policy claim from a client where insurance benefits were part of his remuneration.  In an article posted by Newshub, AMP has declined a critical illness claim of $450,000 because when the employee left his employment his insurance benefits stopped. Within two months after he left his employment he was diagnosed with terminal oesophageal cancer and now Andrew Porteous has weeks to live. The hope here is that a company called Litigation funder LPF Group is taking his case on the basis that he did have cancer while he was employed, it just was not diagnosed. I really [...]

2018-01-21T12:07:27+13:0021/01/2018|Categories: Blog, Personal Insurance|Tags: , |

Funeral Insurance

Funeral insurance can help alleviate the financial burden on surviving family members, and extended family members. Quite often I will hear of the family pitching together financially to help raise $10,000 or $20,000 to pay for a funeral and other costs such as legal, last debts.  It puts a strain on family members in an already tough time emotionally as for same it adds to the financial burden of having to travel and time off work. This type of burden can be avoided by getting basic funeral insurance, because at the end of  the day, someone will pay for it. [...]

2017-08-20T11:11:29+12:0020/08/2017|Categories: Blog|Tags: , |

When can you claim insurance?

When can you claim insurance? Here is an actual claim story from 2011 which an adviser has shared. His clients were a young couple, with 3 children. They are your typical hard working busy couple, he had his own small business and she was a stay at home mum and the kids belonged to all sorts of after-school activities, they were a busy family, even on the weekends. They had bought a new home a few years before and took out life cover, mortgage repayment and trauma cover, all which were recommended by the adviser. The couple was contacted each [...]

2017-03-31T23:17:01+13:0031/03/2017|Categories: Blog, Life Insurance|Tags: , , |

We are living longer

WE’RE LIVING LONGER The National Institute on Aging states that “the dramatic increase in average life expectancy in the 20th century ranks as one of societies greatest achievements”. Most babies born in 1900 did not live past 50, life expectancy at birth is now between 74 and 83. We are better informed about our health, diet and lifestyle choices, and advances in medical treatment is also enabling us to live longer. With longer lives also comes the need for us to plan for longer as well.  Where 60 was the retirement age in the 70’s and 65 in this millennium, [...]

2017-03-16T15:05:26+13:0016/03/2017|Categories: Blog, Life Insurance|Tags: , |
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