Has your healthcare insurance policy been stripped of funeral insurance?

It is reported that 800,000 New Zealand healthcare insurance policy owners have been stripped of insurance funds set aside to cover funeral costs.

This funeral allowance benefit was removed by Southern Cross. This was not the only benefit that was scrapped from the health insurance policy. A public hospital cash allowance and surgical procedure for sleep apnoea were also removed.

When does Southern Cross’s funeral insurance benefit change to the health insurance policy come into effect?

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No will and no life insurance coverage? Who will look after your family when you’re gone?

Around half of New Zealanders don’t have life insurance coverage or a will.

1500 people pass away each year without life insurance coverage, and without a will to give direction. That’s a lot of people who could pass without having their final wishes carried out.

Katrina Shanks, chief executive of Financial Advice New Zealand, said Kiwis had little financial resilience when things go wrong.
“Debt levels are high; the cost of living is high; savings are low and so are the number of Kiwis covered by life insurance, or with a plan in place for their financial future.”
Shanks said too few Kiwis sought financial advice which could help them keep afloat when life events hit.

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Redundancy Cover Insurance – Fast Redundancy Insurance Quote

Redundancy Cover Insurance – How to Protect Yourself Against Financial Uncertainty?

Redundancy cover insurance policies are essential for most employees. Every year, thousands of workers in all sorts of industries are made redundant. This can come about as a result of businesses downsizing, restructuring, outsourcing work overseas, embracing automation or simply closing down. No matter what the reason, an involuntary redundancy can be a tough thing to have to deal with, especially if one hasn’t had the foresight to take out redundancy insurance.

Are you prepared for redundancy?

To make matters worse, a redundancy often takes people by surprise and they find themselves unprepared to deal with the situation. As a result, they are left facing the very unpleasant, often frightening reality of not having a reliable income to cover life’s necessities for what could be a very uncertain length of time. In the meantime, however, while they struggle to find a new job, expenses pile up.

Of course, no-one wants to find themselves in a situation where lack of proper preparation for the possibility of a redundancy forces them to have to take drastic action, such as selling the family house and undoing years of hard work, simply in order to survive.

Is it possible to protect yourself against unexpected redundancy? The short answer is yes – by taking out involuntary redundancy insurance beforehand.

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Online Will Maker – Use Ease Insurance’s Online Will Services

Protect Your Loved Ones with an Online Will maker

Do you find it hard to stay switched on when someone talks to you about life insurance? What about when they talk to you about the importance of having a Will?

Unfortunately, far too many people put off sorting either life insurance or writing a valid Will, until it’s too late. As a result, those left behind often end up having to deal with all sorts of negative consequences at a time when they’re grieving. Even worse, all of the associated heartache and trouble they experience when a loved one dies without having written a proper Will could have been easily avoided simply by Ease Insurance’s online will services. If you haven’t yet sorted your Will, take action now to get a Will online.

Online Will preparation is part of sound financial planning.

Setting up a Will online, much like getting life insurance, budgeting or building a retirement fund, is simply part and parcel of having a sound financial plan. After all, wouldn’t you say that taking actions to look after the long-term well-being of your loved ones, especially those who depend on you is paramount; should you come into harm’s way?

If you die without a Will no-one will know your wishes of dealing with your possessions and assets. Furthermore, if you die without a legal will then the intestacy laws of the country in which you live will determine what happens with your property, irrespective of what you really might have wanted to happen with your assets.

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