tmmonline.nz  |   landlords.co.nz        About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds

NZ's Financial Adviser News Centre

GR Logo
Last Article Uploaded: Wednesday, May 18th, 12:16PM

Insurance

rss
Latest Headlines

Insurance site set to launch

A new website designed to educate members of the public about personal insurance products is set to launch in the first quarter of this year.

Tuesday, January 5th 2016, 6:00AM

by Susan Edmunds

Life-Info.org.nz is being launched by David Whyte and Brian Klee.

Whyte is a former general manager of AIA in New Zealand and Klee, a retired broker, still helps clients with difficult claims.

They are in the process of raising $30,000 to fund the site’s development. It is based on sites such as lifehappens.org, which operate overseas.

Whyte said it would be an objective tool that would educate the public about the products available, and add to the financial literacy work being done by the Commission for Financial Capability.

“We need to make people understand that if for some reason their path to retirement is interrupted, protection mechanisms are available. They need to know what they are and how they work without being inundated with inducements to buy and sales pressure.”

He said the response to the idea from the industry, including the insurance companies, had been positive.

Whyte said he expected to have moved forward with the project by the end of the month and for the site to be live in the first quarter of 2016.

“It’s worked overseas so there is no reason why it should not work here. With the focus on financial literacy it seems sensible that there needs to be some resource that complements the KiwiSaver and investment-type resources, that is objective and dispassionate.”

Tags: health insurance Income Protection Life insurance

« Jennings: No commission for replacement businessLife insurance code 'could work' »

Special Offers

Comments from our readers

No comments yet

Sign In to add your comment

 

print

Printable version  

print

Email to a friend
Insurance Briefs

Partners first life company to cloud platform
Partners Life completes first stage of the company's claims transformation journey.

Celebrating Earth Day
Insurer takes early step on sustainability journey.

Fidelity Life launches new-look claims content
Fidelity rolls out education material to help explain insurance.

Health insurer response times balloon out
Accuro says its response times have become much longer as it implements a new system.

News Bites
Latest Comments
  • Brian Gaynor dies
    “RIP - a true icon and such a humble person who helped so many....”
    2 days ago by p simone
  • Brian Gaynor dies
    “Very sad. Condolences to him family....”
    2 days ago by sanet.drury@gmail.com
  • Brian Gaynor dies
    “Brian was someone you would always go and listen to if he was presenting at a seminar or conference, someone you would always...”
    2 days ago by MikeBeuvink
  • Brian Gaynor dies
    “A true champion of the industry. My sincere condolences to family, colleagues and friends. ...”
    2 days ago by Pragmatic
  • [GRTV] AIA rolls out direct life insurance plans
    “Thanks Lifeadviser1, and it is great to see you have been having a play in the system. You are right, in the original...”
    2 days ago by Sam.Tremethick
Subscribe Now

Cover Notes - Specific news aimed at risk advisers

Previous News
Most Commented On
About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox  |  Disclaimer
 
Site by Web Developer and eyelovedesign.com
x