Did you know…
New Zealanders claimed more than 482 million dollars in life insurance between July 2009 and June 2010.
- In New Zealand approximately a quarter of all deaths are caused by cancer.
- One person dies every 90 minutes in New Zealand from coronary heart disease.
- 1 in 9 women will get breast cancer in their lifetime and a quarter of them will die from the disease.
- Cardiovascular disease(Heart stroke and blood vessel disease) is the leading cause of death in New Zealand, accounting for 40% of deaths annually ( approximately 11,300)
Why you need it.
Life insurance is designed to provide security for a wide range of financial commitments by paying a lump sum on death.
This essential form of protection is used for a variety of purposes:
• Mortgage commitments.
• Personal debt, such as loans or credit cards.
• Security for business obligations.
• Providing replacement income of a major family breadwinner.
Individual companies which provide life insurance products have features and benefits which are specific to them and therefore relevant to different individual needs. Not all products are created equal and certainly not priced equally.
