0800 141 889Asking yourself, how do I protect myself from redundancy? Here are some things to think about
When should I get mortgage protection insurance?
When you take on a mortgage you take on a large responsibility – sometimes millions of dollars’ worth – and while the benefits of owning your own house are many, the stress of being rendered unable to pay your repayments on time can take away from enjoying those benefits.
Is mortgage insurance and life insurance the same?
Before talking about whether mortgage insurance and life insurance are the same, let’s see what each of them is talking about before we talk about their similarities or differences.
How to Find Best Term Life Insurance Companies?
Have you been searching for the best term life insurance companies? You are not alone! Everyone has questions about term life insurance companies. And they often have questions about how a term life insurance policy works.
Why do you need to buy health insurance before you turn 35?
Most people think of insurance when they get old and need more financial assistance or to manage their health costs and related financial risk. However, believe it or not, you can save a lot of money by choosing health insurance before 35.
Here are some reasons why:
How to find Life Insurance Policy?
Find life insurance policy? It can be hard to find a life insurance policy that meets all your requirements. The problem is that a life insurance policy forces us to look at things from a perspective that we don’t really like.
Nobody wants to think of a future where their family has to live without them, but we can’t do much about it since death is inevitable.
What is Redundancy Pay? Why Redundancy Insurance?
Redundancy pay and redundancy insurance are two quite different sides of the same issue. We often confuse one with the other because there really isn’t a lot out there to help us tell the difference. Redundancy isn’t a topic many of us would like to think about, but it’s a reality that unfortunately many of us do have to face. When something so drastically altering our life is possible through any number of unfortunate circumstances, it pays to make sure your contingency plan is in place. So, if you are wondering “what is redundancy pay?” or “what’s the difference between redundancy pay and redundancy insurance?” you’ll have all your questions answered here!
Why Choose a Local Insurance Broker?
Making the decision to go for an insurance broker to help you with your insurance needs can provide you with a real sense of relief. An insurance broker will help take care of you from start to finish; from assessing the needs and risks surrounding your individual circumstances to shopping around for the best cover available to managing your insurance portfolio and even walking you through making claims. Any reputable broker will be able to provide this for you – but if you choose a local insurance broker, you’ll note the added local insurance broker benefits!
Best Redundancy Insurance: How to Protect Yourself during Unemployment
Recently, people are becoming more aware of the fact that they need to hold the best redundancy insurance available. It is true that forecasts for unemployment have always been used for gauging future economic activity. New Zealand has a positive economic outlook in the coming future – which is coincidentally the best time to start an income protection redundancy insurance policy.
Why is now the time to search for an insurance broker near me?
This New Year has come to pass quickly, and realistically, so is life. With new resolutions and commitments coming through this year, we can also expect risks. An insurance broker near you, ready to help prepare you for any eventuality can be of great benefit.
Christmas Insurance: Be Savvy & Rest Easy These Holidays
The Christmas holiday period is just around the corner and as you play for some well-earned downtime, Christmas insurance is probably the last thing on your mind. You may be going away on a vacation or just spending your days enjoying the outdoors but either way, you will want to know you have the best possible holiday insurance cover should anything go wrong this summer.
Why Income Protection Insurance Important for Kiwi Families
It’s never fun to consider what would happen to you and your family should you become too sick or injured to work.
But it’s something that New Zealanders do need to think about – after all, according to the Financial Services Council, almost 85% of Kiwis don’t have any insurance in place to protect them from loss of income. They also point out that ‘there are nearly one million households with incomes above $20,000 that would be vulnerable if they faced a long-term illness that stopped a major earner in the household working.’
What’s the difference between Mortgage Protection Insurance and Mortgage Cover?
Compare Mortgage Protection Insurance and Mortgage Cover – what’s the difference?
Taking on a mortgage is a big commitment; with the average first-time buyer taking out a mortgage of $400k, it’s likely to be the largest amount of debt you’ll ever have.
Keeping a roof over your family’s head is your number one concern; so it’s important to consider how your mortgage payments would continue to be met should anything happen to you or your partner.
What You Should Know About Our Mortgage Protection Insurance Services
Do you have a mortgage? Have you considered what would happen if you lost your job due to ill health, an accident, or if you or your partner passed away? In a worst-case scenario, the last thing you want to worry about is keeping a roof over your head. So, it’s worth considering how you can protect your home against life’s twists and turns. Ease Insurance’s mortgage protection insurance services can help.
What Is The Difference Between Income Protection And Redundancy Insurance?
Many of our customers often ask us what the difference is between income protection and redundancy insurance, and although they go hand in hand, they are not the same thing.
Do I really need redundancy cover / insurance protection?
A question we are often asked by our customers is “Do I really need redundancy cover?” To this question, we ask the customer to consider what would happen if you were to be made redundant in your current position. Regardless of your salary, debts and assets or lifestyle, every person would be affected by a loss of a job. However, this might be in a different way than you think. While many people consider being made redundant meaning a month or two off work while you find another job, this is not the case most of the time. The job market is tough to break and while you may find your dream replacement job pretty quickly, there may be dozens of others who are after that same job. Therefore it is important to apply for redundancy cover today.
Mortgage Protection Insurance Comparison – Our Point of Difference
Before you run a mortgage protection insurance comparison it’s important you understand what home mortgage protection insurance is all about.
WHAT’S MORTGAGE PROTECTION INSURANCE?
In brief, mortgage protection insurance is a life insurance policy that covers your mortgage. With the right amount of cover in place, it ensures that you and your family will always have a home regardless of what the future brings. If you or your partner become too ill or injured to work, or if you pass away, your family will still have a roof over their head.
Redundancy Protection Insurance vs Trauma Insurance – Choose Wisely!
The world of Redundancy Protection Insurance can be confusing to navigate. But it’s essential that you do it right – your survival and wellbeing could well depend on it.
That’s what happened to Jeremy Walton. The company he’d been with for nearly a decade restructured three years ago. While they were appreciative of his contribution, they saw no way to bring his role into the new business structure. This was completely out of the blue and hit hard. Thankfully Jeremy had had the foresight to take out a Redundancy Protection Insurance policy a few years before this. He and wife Nicole discussed where to from there and made some minor adjustments to their lifestyle. Their relief was huge knowing their redundancy insurance cover maintained their mortgage repayments. Their bills were also covered for the 6 months that it took Jeremy to find another role that he felt was right for him.
Life Insurance Protection and Income Insurance is the best way you can start the New Year.
January is one of the happiest times of the year in New Zealand, people are relaxed and letting their hair down, enjoying the summer break. The sun’s out, the water’s great and the barbeques are scrumptious. What could go wrong? After all, you plan, make lists, book holiday homes, and thoroughly look at every detail to create the perfect summer – however, the one thing no one really prioritises while enjoying this period is a thorough review of the life insurance protection and/or income protection insurance policies.
Unfortunately, it’s a fact that over the school holiday period nasty and unpredictable accidents can take place. While you can control how you drive, you can’t control how other people drive, therefore in order to be fully protected it is wise to contact your local insurance broker.
Why Redundancy Insurance Protection is a Must Have in 2019
It’s time to realise that the world is changing very rapidly. This means less job security than ever as traditional industries downsize while computers replace jobs, and more tech-savvy younger people enter the workforce. Alongside the changing world, redundancy insurance protection has been gaining traction, because, despite unemployment levels dropping, job seekers aged over 50 are finding it harder and harder to find work after being made redundant. The truth is it now takes longer than a couple of weeks to find another job. With online job listings making each job application accessible to thousands of people, the hiring process can get dragged out to months. This is a scary fact seeing as nearly half of New Zealanders have stated they would be unable to pay their bills one month after losing their job.
Income Insurance: New Zealand faces an underinsurance crisis
The results of a recent survey of 1000 New Zealanders gauge their attitudes toward income insurance are far from stellar.
Intended to check whether any progress had been made on a $650 billion underinsurance problem identified in 2013 by the Financial Services Council, the Trade Me study showed very little change four years on: While 88% had vehicle insurance and 74% had home insurance, only 51% had life insurance and just 41% health insurance.
Ease Life Insurance Brokers: Helping you with whatever life brings.
Living life is a risky business, especially in New Zealand. As any of the life insurance brokers at Ease will tell you, it’s important to prepare as much as possible for whatever life throws at you.
Despite being a developed, Western society with enviable civil defence and dependable infrastructure, Lloyd’s of London found New Zealand to be the second riskiest country in terms of their non-life underinsurance and insurance take-up rates.
It begs the question: how we can be “at risk” of disaster as a country known for overcrowding, vulnerable infrastructure and tropical cyclones? Put simply, geographical placement. Our islands straddle the tectonic plate boundary known as the “Ring of Fire”, complete with volcanic eruptions and earthquakes. Furthermore, our latitude is firmly within the “Roaring Forties”, which only intensifies rain, snow, drought and wind. Together, these natural factors pose a potent risk to long-term planning.
The necessity of involuntary redundancy insurance
More than 1 in 10 of private sector employees under a collective employment agreement do not have any redundancy pay. This number of private sector employees on collective employment agreements (CEAs) walking away with nothing has doubled since 2009 when this was only 5%. According to Victoria University’s Centre for Labour Employment and Work, many people aren’t even covered by CEAs. For those employees under an individual employment agreement, entitlements to redundancy money are rarely present.
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?
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.
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.
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.
