Life insurance is popping up everywhere – the warehouse, countdown, trademe. I think it is great that someone who would otherwise not have insurance gets insurance – however, there is no or little advice when buying direct. The policies may seem cheaper but if the claim is not paid they end up being way more expensive!
If a policy is way cheaper there is usually something that is not covered or wording that allows an insurer to not pay claims in certain instances.
It is so important to be made aware of what is not covered and the importance of non-disclosure – a good adviser will highlight this to you.
Personalised advice taking into account your needs will mean that the amount and type of cover you have in place will be more accurate. This will provide the right cover based on your goals, financial situation and risk profile.
Claimtime – If you go through a bank, a supermarket or online you are not going to have an adviser there for you at claimtime – and that is the time when we add the most value. Smoothing out the claim so you dont have to deal with an insurance company and fighting for you to make sure you get the best result.
Here is an article that was in the paper today on this topic.
For personal advice to protect you, your family or your business contact Onny at Nest Insurance 0800 637 878