Free webinar – Insurance confusion.
March 14, 2023
Confusion about insurance leads consumers to choose more costly coverage than they need and uncertainty about cost can cause people to delay or avoid the care and coverage necessary.
We know that in today’s cost of living crisis and rising interest rates, many Kiwis are struggling to get by.
But alarmingly, New Zealanders are also significantly underinsured, putting their loved ones at risk, findings from the Financial Services Council’s (FSC’s) latest research report Money and You – Taking Cover reveals that around 70% of New Zealanders are underinsured, putting their families and dependents at risk.
Only 11% of respondents reported having income protection insurance, 14% have total and permanent disability insurance, and 18% have cover for trauma or critical illness.
While respondents reported greater uptake of life insurance (38%) and health insurance (32%), an overwhelming percentage of the population are not covered should the worst happen.
Insurance can be complex and not all insurance policies are the same. It’s easy to compare two policies on price, but the cover you get may be very different. So join HealthCarePlus and Kim Mason, Monument Financial Adviser who will breakdown the confusion of Insurance and help answer questions you may have.
The webinar will run for 45 minutes, and you will have time to ask questions at the end.