Why do I need Health Insurance? Here we answer 9 commonly asked questions. 1. Do I Really Need Insurance? Although it may be easy to adopt an attitude of ‘it won’t happen to me’, it is a statistical fact that you will require hospitalisation or surgery at some point in your life – in some cases two…
The untimely death of a key shareholder can have far greater downstream effects than the initial impact on the company and staff. Customer confidence can be dented; debtors and creditors made nervous and unscrupulous competitors can move to capitalize on any perceived instability in your business. Without close management, external ‘perception’ can extend and exacerbate…
The Ins and Outs of ACC have been well-covered and debated in the media recently. We often get asked about the merits of ACC cover versus income protection insurance when in reality the best result for those insured is a combination of both. But it’s important not to confuse ACC cover with income protection – it…
It seemed to be a day like any other. A busy senior partner in a successful legal firm, David, 45 years of age, thought he was in pretty good shape. However, in December 2010, after some unexplained weight loss, David went to have a check-up with his Doctor. After further tests in January 2011, it…
Stress and Risk Protection Michael was 39 years old and married. He had his own successful accounting firm with six support staff. In 1993, when he took out a Risk Protection Plan, his adviser recommended he purchase Business Overheads Cover with a two year benefit period. In June of 1995, the stress of running his…
Health insurance with critical illness cover Kate worked as a legal secretary at an Auckland law firm. In August 2009 she had tests carried out by her doctor as she had not been feeling right for a while. The tests indicated that Kate had ovarian cancer. Surgery followed, leaving Kate unable to work for six…
Critical Illness Cover John, a 50 year old lawyer, had his world turned upside down when he was advised by his doctor to undergo quadruple by-pass surgery. A week later he had the heart surgery. John was well prepared and through his critical illness cover as part of his Risk Protection Plan, received a lump…