Insurance provides protection against a possible loss. Whether it is for investment purposes or your principal place of residence, insurance is an integral component of our advisory process.
Whether we like the thought or not, further debt is a risk. It is a change or an alteration to your current lifestyle, and therefore will have its impacts. Decisions are made on the picture of a current position, and assumptions about the outlook of the future, but as we all know, life isn’t always a straight line, and unexpected events can occur.
Because it is difficult, or in most cases impossible to see what the future holds, it is important we then look to protect ourselves against the possibility of circumstances that are likely, or foreseeable. It can be a tough process to think about the possibility of negative occurrences, but it is definitely necessary to ensure we have ourselves insured, so that we can rest assured our loved ones and ourselves are taken care of financially.
If it’s been a while since you’ve had your insurances reviewed, it is definitely worthwhile to get in contact with us to see what can be offered. In most of the following cases we would recommend having a free review:
In numerous cases, we have seen clients with inappropriate cover, or who are paying far too much for the level of cover they have, and in most cases this is due to not having a review often enough.
For the most part, studies have shown that New Zealander’s are underinsured. Smart investors take calculated risks, insuring against these risks will allow you to be certain that you will get the best of both worlds, along with also the peace of mind that you have all of your bases covered.
Typically, Statistically, these are some of the scary facts:
Mr. and Mrs. Smith are a typical New Zealand couple, they are a young couple, both in their 30’s, and have two dependent children.
What could happen to this family?
These facts are significant when the following is taken into account; in your day-to-day life, your current position is taken for granted. Mr. & Mrs. Smith currently have commitments for their incomes. Being a typical couple with children in their 30’s, there isn’t a significant amount of surplus cash-flow, if one income were to be lost due to one of the above causes.
Our insurance broker Team can assist in assessing your current insurances, to ensure you and your family are adequately protected so you can protect your lifestyle and loved ones.
For your free no obligation Risk review, please contact us here and we will arrange a time that suits.