Know the difference between stepped and level premiums
Life insurance premiums are predominantly based on the risk of certain events happening to you. Because health risks increase with age, life insurance premiums will generally increase over time. That’s why most insurers offer two common ways of paying for, and managing, the costs of your cover over time: Stepped premiums: when the cost of […]
4 key factors impact your insurance premium
Ever wondered how insurers work out the cost of your life insurance? There are many factors that can impact the premium you pay, but there are 4 factors in particular you need to be aware of. Your personal risks Dangerous occupations can attract a higher base rate for your insurance, even before any loadings are […]
Why life insurance premiums can increase
Some important things you need to know As the world changes, having certainty about your cover has never been more important. From OnePath Life’s research, customers said they found Life Insurance: Complicated Something we do not like to think about One of life’s many expenses. For this reason, I’m reaching out to you to help […]
As the world changes, we’re here to support you
As your financial advisor, we want to ensure you have certainty in your life insurance, especially during these uncertain times. Making sure your plans match your situationWith the world changing around us, so to do our needs, making it an ideal time to ensure to review you’re protecting what matters and ensuring it fits with […]
Myths about insurance you need to know
Here we dispel some common myths about life insurance to help you make informed decisions about your cover. Myth # 1 – Life insurance companies don’t pay claims There’s a common perception that life insurance companies will do everything possible to avoid paying claims. In fact, 92% of all life insurance claims are paid in […]
6 questions to ask a financial adviser before getting insurance
Before getting life insurance, discuss these 6 questions with your financial adviser. That way you’ll have a clear picture of what you’re buying. 1. What types of cover do I need? Deciding what you need to be covered for is important. You can start by asking yourself (and your adviser, of course): Can I do […]
The insider’s advantage
Unlike your car insurance, most life insurers offer what’s known as ‘guaranteed renewable’ policies – meaning that each year your policy is renewed, the insurer must continue to cover you under the same terms and conditions. So regardless of whether your health has declined or you’ve taken up new activities, they cannot revoke your coverage […]
Your duty of disclosure (and why it matters)
The application process is your chance to get certainty from your insurance. That’s because the information you provide in your application will help dictate what you’re covered for, and how much it will cost. Carry out your duty of disclosure correctly, and you can be confident your cover will do exactly what you expect it […]
Planning for your First Appointment with a Financial Advisor
So you’ve decided to meet with a financial advisor. The next step is to get ready to make the most of your first meeting. The better prepared you are, the better quality conversation you can have. It starts with a conversation Your first appointment with a financial advisor is a ‘get to know you’ session […]
The Science Behind Why We Need Life Insurance
Life insurance protects our future financial circumstances against unexpected illness or injury. Deep down, most of us probably know that’s a good investment in our future. But the truth is many people struggle to engage with life insurance enough to actually buy it. And for those that do, more struggle to keep, review, and feel […]
