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: Tuesday, August 11th, 10:52PM

Insurance

rss
Latest Headlines

nib offers support package

Nib New Zealand has announced a Covid-19 support package for its members.

Wednesday, April 1st 2020, 10:14AM

Chief executive Rob Hennin said it would have an important role in helping New Zealanders through.

“With our country in lockdown many of our members confront profound uncertainty and the threat or reality of unemployment particularly. We are doing as much as we can to help them maintain their cover and more broadly, stay safe and healthy,” Hennin said.

Existing members will be able to access special premium relief for an initial three-month period.

Those who are experiencing financial hardship will be able to suspend their policy for up to six months.

There will be an automatic pre-approval validity of six months meaning members do not need to reapply for pre-approval if they experience delays to hospital treatment.

They will be offered the option to increase their excess (payable upon hospital admission) to the maximum allowable level under their policy without needing to be re-underwritten if they choose to reduce their excess as their financial situation improves.

Coverage will be expanded for treatment of conditions caused by Covid-19 across all levels of hospital cover.

The insurer is also making a A$1 million donation to support charitable initiatives in New Zealand and Australia and offering up to two weeks paid special leave for employees affected by Covid-19.

Tags: health insurance nib Rob Hennin

« Partners Life responds to 'unprecedented environment'Southern Cross offers financial support »

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

Insurer nib backs Ronald McDonald House with $20k investment
Health insurer nib New Zealand and its nib foundation have lent support to Ronald McDonald House Charities.

Less stressed during lockdown
New Zealander’s health and wellbeing had surprising benefits from the Covid-19 lockdown.

Southern Cross supports new safe haven for at-risk pets
Southern Cross Pet Insurance has teamed up with Pet Refuge to provide temporary shelter for animals affected by family violence.

nib Foundation supports Lifeline to the tune of $150,000
To support the growing mental health needs of Kiwis emerging from the Covid-19 pandemic, Lifeline Aotearoa has increased its service capacity thanks to a $150,000 grant from nib foundation, the charitable arm of nib New Zealand (nib).

News Bites
Latest Comments
  • It starts with governance
    “Hi Adviser 1 -I don't think peer review will cut the mustard. There is more to it than someone having a look at you do and...”
    3 hours ago by gavin austin adviser business compliance
  • It starts with governance
    “Who offers a governance solution for a one man adviser business or is adviser peer review the way to go? Cheers...”
    10 hours ago by Adviser1
  • It starts with governance
    “Well said as usual Russell, you’re right governance is one of the things that has been missing from the discussion and...”
    14 hours ago by JPHale
  • Financial advice makes NZers better off
    “Great initiative to support the industry, from an industry body...”
    17 hours ago by Pragmatic
  • Shake-up at AMP
    “Very well said by Amused ...”
    2 days ago by mike.lay
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
 
Site by Web Developer and eyelovedesign.com
x