Opinion: Have you ever wondered?
I remember the first time I heard a real, true to life claims story... there I was, dreading one of those awful staff meetings at one of my early jobs and we were asked for examples of how life insurance worked.
Well, a colleague piped up that when her Dad died there had been "all sorts of payments and stuff, and it paid for me to go to university, and Mum kept the house".
Wow. Didn't I feel small.
I had a prejudice against insurance and shed it quickly, hearing such stories. However, there is a school of thought that doubts insurance is useful.
One man I know who regularly talks with the bureaucrats in Wellington says they wonder whether life insurance is useful...MORE»
KiwiBank to fill out insurance offeringWednesday, February 3rd, 9:50AM
KiwiBank is set to broaden its insurance product suite as part of the strategy to become a "full financial services provider", according to the bank's head of Wealth, Tracey Berry. MORE» |
Southern Cross gets approval for critical illnessThursday, January 21st, 2:46PM
Members of the Southern Cross Medical Society have approved a resolution allowing the group to offer a broader range of insurance products and it will start by introducing critical illness cover. MORE» |
Sovereign gets big tick from AM Best
Sovereign has had its rating from AM Best reaffirmed at the A+ level.
MORE»Health Funds calls for Nats to revisit rebate for over-65s
The Health Funds Association of New Zealand is urging the National-led government to revisit its decision to shelve a proposed health insurance rebate for people over 65 due to the global financial crisis.
MORE»Opinion: Spare a thought...
There are many changes afoot in our industry, most of which will land - after so many years in the making - this year. However, spare a thought for the insurance broker in the US.
MORE»The verdict on Fidelity Life’s new Platinum Plus
Jenha White explains the changes to Fidelity Life's new range of life insurance products and finds out what one researcher has to say about the changes.
MORE»Opinion: They’ve been misled, so they mislead you
Cases of non-disclosure which initially sound breathtaking are often genuinely innocent - because clients have been told "you don't have a problem" by health professionals, and therefore don't think they need to tell you. A proposed law change probably won't help much.
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