A certain ‘she’ll be right’ attitude to life is inherent in our Kiwi culture, which we love. But while that’s great for the good times, it’s important to have a solid game plan for the not so good times that is tailored to your needs.
When it comes to looking for insurance or reviewing your existing cover, there are a few steps you can take to assess what you need. Having a clear idea of your priorities – what and who you need to protect – will help you determine the type and level of cover you need.
We’re all at different stages of life and have different priorities. Young families starting out often have different insurance needs than a retired couple. Individuals in their 30’s often have different needs and concerns than those in their 50s. It boils down to a question of risk. If something unforeseen happened, what would you need to protect the life you have built? It’s not always easy to determine, which is where we come in. We can help you think through your priorities to determine the type and level of cover you need.
What’s your budget?
Once you’re clear on your ‘protection-priorities’, it’s important to set your budget and what you are comfortable spending on insurance premiums. Use that figure as a ‘price ceiling’, and work within it. Getting the right protection in place is important; but so is affordability. Again, that’s where we come in, and can help you assess the right balance of affordability and protection for your needs.
Ask for help
There is a plethora of insurance options available – for all sorts of needs. It’s essential to get the right fit for your unique circumstances and to regularly review your policies to make sure your protection keeps in step with changes in your life – big and small. That’s part of our job – to help you assess the options and to give your insurance a regular ‘health-check’.
As always, if you have any questions or if we can help in anyway, we welcome you to get in touch.
Disclaimer: Please note that the content provided in this article is intended as an overview and as general information only. While care is taken to ensure accuracy and reliability, the information provided is subject to continuous change and may not reflect current development or address your situation. Before making any decisions based on the information provided in this article, please use your discretion and seek independent guidance.