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Key Person Insurance: A Lifeline for the NZ Self-Employed

Being a sole trader in New Zealand comes with freedom and independence, but have you ever thought about what would happen to your business if you suddenly couldn’t work? 🤔 Key person insurance might not be the first thing that comes to mind when you’re busy running your own show, but it can be a real lifesaver for one-person businesses. In this post, we’ll break down what key person insurance is (in plain English), why it’s especially important for sole traders, and how it h...

The State of New Zealand’s Public Health System in 2025: The Growing Importance of Private Health Insurance

Our public health system has long been a cornerstone of our social infrastructure, providing essential healthcare services to all. However, as we navigate through 2025, the system faces significant challenges that impact the quality and accessibility of care. These challenges highlight the increasing importance of considering private health insurance to ensure timely and comprehensive medical services.​...

Funeral Insurance vs. Level Life Cover: What Kiwis Need to Know

Planning ahead for life’s most challenging moments can be a daunting task—especially for Kiwis facing decisions about funeral insurance versus level life cover. This article provides a clear comparison, outlining the distinct purposes, benefits, and long-term costs of each option. Funeral insurance often appeals with simpler applications and smaller, targeted payouts for immediate funeral expenses. However, premiums can rise over time, and the total cost might eventually exceed the benefit. ...

Mortgage Protection vs. Income Protection: Which is the Best Bet in New Zealand

When safeguarding your financial future, understanding the differences between Mortgage Protection Insurance and Income Protection Insurance is crucial. Both serve to protect your income in times of need, but they operate differently. This article delves into their distinctions, benefits, and considerations to help you make an informed decision....

The Importance of Business Risk Insurance in New Zealand

Running a business in New Zealand is both exciting and challenging. While the country’s Accident Compensation Corporation (ACC) provides coverage for accidental injuries, many small to medium-sized enterprises (SMEs) are unaware of the significant financial risks posed by illness, disability, and even premature death.Below is a comprehensive guide to business risk insurance—which typically includes Life Insurance, Total and Permanent Disablement (TPD), Trauma Cover, and Key Person Insur...

Life Insurance and Personal Risk Protection for New Migrants in New Zealand: What You Need to Know

Moving to a new country is an exciting adventure—especially when it’s a place as welcoming and diverse as New Zealand. However, alongside navigating residency applications, finding accommodation, and adjusting to cultural differences, new migrants should consider how they’ll protect their families financially. New Zealand’s public healthcare system and ACC (Accident Compensation Corporation) are robust, but they don’t cover all risks.This article explores Life ...

The Role of Family Trusts and Life Insurance in NZ Estate Planning

Estate planning is a crucial yet often overlooked aspect of financial security, particularly in a country like New Zealand where family trusts are commonly used to protect assets. While trusts can help safeguard your home, business, or investments, life insurance adds an essential layer of protection—ensuring your loved ones have access to immediate funds after your passing.In this article, we’ll explore how family trusts and life insurance interact within the N...

Life Insurance for Māori and Pacific Islanders: Cultural Considerations and Custom Solutions

Māori and Pacific Islanders in New Zealand often place a strong emphasis on family (whānau or aiga), communal well-being, and respect for ancestral traditions. While life insurance benefits every demographic, there are specific cultural factors that make it especially valuable for Māori and Pacific communities. High tangihanga costs, communal financial responsibilities, and higher rates of certain health conditions are just a few elements that underscore the importance of tailored insurance s...

Seasonal Opportunities: Why the End of the Financial Year is the Best Time to Review Your Policy

In New Zealand, the financial year wraps up on 31 March, making the weeks leading up to it a prime time to review and update your insurance policies. Whether you hold life insurance, income protection, or trauma cover, significant life events—such as a new child, a home purchase, or a salary change—can affect the level of protection you need. The end of the financial year is an ideal checkpoint to ensure your cover still aligns with your goals and budget.This ar...

A Complete Breakdown of Funeral Costs in New Zealand: Every Expense Explained

Funerals in New Zealand encompass a broad range of services and fees that begin the moment someone passes away and continue until all ceremonies and memorials are concluded. While costs vary depending on location, cultural traditions, and family preferences, understanding each potential expense can help you plan and budget more accurately. Below is a comprehensive look at the different stages and costs that may arise....

Group Health and Life Insurance for Businesses in New Zealand: Benefits, Drawbacks, and Key Considerations

Offering group health and life cover to employees is a popular way for New Zealand businesses to enhance their benefits package. By pooling a workforce into a single policy, companies often secure more favourable rates and coverage terms than individuals can obtain on their own. Yet while the advantages can be significant, there are also potential challenges to consider. This article provides an in-depth exploration of how group schemes are structured, why premium costs are typically based on av...