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Protecting one of your clients most important assets – their income

The history of money spans over thousands and thousands of years - from the early days when the trading of money was in the form of precious items such as jewels and barley, to today's paper and coin variety. Having money can have a large influence on how we live our lives and the lifestyle we choose to lead.

Monday, October 17th, 9:55AM

For those clients who are earning an income, some may rarely take a moment to think about how their lives would be if their income was suddenly to stop. So it comes as no surprise to hear many people in New Zealand don't protect one of their most important assets - their income.

What would happen to your client if their income was suddenly to stop? What impact would this have to their current lifestyle choice and personal assets? How long would their savings support themselves and their family? These are all simple but important questions that can be asked when thinking about putting Income Protection cover in place...MORE»

Stepped, Level or Blended?

Tuesday, August 23rd, 11:42AM

The way your clients structure their insurance premiums can make a big difference to the total premiums they pay over the period they are covered. This could mean the difference between having enough cover when they need it and having no cover at all.

MORE»

Latest Blogs

Phil: What to make of the Kiwibank deal
Rumours had been circulating for a while that Gareth Morgan’s KiwiSaver business was on the market.

Russell: Selling through employers
I always thought selling insurance to people through their employers was the flimsiest of propositions – why would anyone talk to you about insurance in the work café, with their mates hanging around for the ‘convenience’ of paying for the same thing they can buy in the plush, private, offices of the bank for the same price? But in many markets, the UK, the US, to name just two, employer-facilitated (voluntary group) insurance is a big market.

Goldie: FATCAT. Opps I mean FATCA
I’m sure someone with a sense of humour thought up this acronym. Now some of you may be asking what an earth is FATCA? It is the: “Foreign Account Tax Compliance Act” to be imposed by the United States of America in 2013.

Phil: Greens KiwiSaver policy nice idea but…
The Green Party released its KiwiSaver policy yesterday which has all the hallmarks of a nice idea but probably not that realistic.

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Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt.

1yr

2yr

3yr

5yr


n/a n/a n/a n/a n/a
AMP Home Loans
6.24 5.59 5.89 6.45 7.25
AMP Home Loans $200k +
6.14 5.49 5.79 6.35 7.15
ANZ 5.74 5.70 5.79 6.45 7.25
ASB Bank
5.75 5.70 5.85 6.10 6.90
BankDirect
5.75 5.70 5.85 6.10 6.90
BNZ - Classic
n/a 5.75 n/a n/a n/a
BNZ - GlobalPlus
5.99 5.85 5.89 6.45 7.25
BNZ - Mortgage One
6.40 n/a n/a n/a n/a
BNZ - Rapid Repay
5.99 n/a n/a n/a n/a
BNZ - TotalMoney
5.74 n/a n/a n/a n/a
BNZ- Std, FlyBuys
5.99 5.85 5.89 6.45 7.25
CBS Canterbury
5.95 6.25 6.50 7.10 7.80
Credit Union Auckland
6.20 n/a n/a n/a n/a
Credit Union Baywide
5.85 6.15 6.65 6.95 n/a
Credit Union North
5.80 5.80 5.95 6.50 n/a
Credit Union South
5.75 n/a n/a n/a n/a
eMortgage 6.04 6.15 6.69 7.19 7.90
Fidelity Life
6.00 6.35 6.90 n/a n/a
Finance Direct
6.10 6.45 6.69 7.10 7.70
First Credit Union
6.45 n/a n/a n/a n/a
General Finance
5.95 6.25 6.50 7.10 7.90
HBS Bank
5.65 5.70 5.89 6.45 7.25
Heretaunga Building Society
5.75 5.80 6.00 n/a n/a
Housing NZ Corp
5.75 5.65 5.89 6.30 7.10
HSBC Premier 5.99 5.65 5.87 6.40 7.20
Kiwibank 5.65 5.65 5.79 6.10 6.90
Kiwibank - Capped
5.65 6.25 n/a n/a n/a
Kiwibank - Offset
5.50 n/a n/a n/a n/a
Liberty
5.75 n/a n/a n/a n/a
Manchester Unity
6.15 5.85 5.95 6.25 n/a
Napier Building Society
5.80 6.00 6.70 n/a n/a
National Bank
5.74 5.70 5.79 6.45 7.25
Nelson Building Society
6.45 6.25 6.50 n/a n/a
NZ Home Loans
5.85 5.70 5.85 6.10 6.90
NZF (LVR >80%) 6.10 6.15 7.15 7.60 n/a
NZF Standard 70
5.85 5.95 6.30 7.20 n/a
NZF Standard 80
5.85 5.95 6.90 7.35 n/a
Perpetual Trust
7.70 n/a n/a n/a n/a
Public Trust
5.60 5.55 5.75 6.15 6.95
SBS Bank
5.65 5.70 5.89 6.45 7.25
SBS Bank Special
n/a n/a 5.65 n/a n/a
Silver Fern
5.95 6.10 6.55 7.05 7.80
Southern Cross 5.95 6.25 6.50 7.10 n/a
Sovereign 5.85 5.70 5.85 6.10 6.90
The Co-operative Bank
5.70 5.70 5.85 6.15 n/a
TSB Bank
5.79 5.70 5.78 6.25 7.25
TSB Bank Special
n/a n/a 5.95 n/a n/a
Wairarapa Building Society
6.20 6.70 6.95 n/a n/a
Westpac 6.24 5.59 5.79 6.45 7.25
Westpac - Capped rates n/a 6.75 n/a n/a n/a
Westpac - Choices Everyday 5.60 n/a n/a n/a n/a
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