July 2018 Newsletter

This month, I wanted to share some wisdom with you. I often hear people comment that they won’t choose a certain cover as the premium costs are too high. But I always worry about what could happen.

You should not think of insurance as a cost, you should think of it as an investment.

Otherwise, you could find yourself in a horrible predicament. Our first article is an example of what does happen and could happen to you if you don’t have the correct insurance cover (names and company used are not of the actual people). Overnight, you could go from a booming business to being over $3 million dollars in debt. Without insurance in place, this would be a problem you would have to try and dig yourself out of alone.

Could you come up with $3 million overnight? Could you even continue to support your family if you lost your income tomorrow? And what kind of example are you setting for your young adult children? Think about that carefully as you could be the main source of their financial education.

These articles all focus on risk awareness, so I hope you enjoy reading them.

There has also been some exciting news in the industry that AIA has recently acquired Sovereign. I believe this will bring new and unique benefits to New Zealand.

I hope you enjoy this month’s articles.

Regards & thanks,

Kevin

The best compliment you can give me is to recommend me to your family and friends—is there anyone you know who would benefit from my services and advice?

Insurance is not a cost. It is an investment

Neville has owned his own business, City Signs, for over 20 years. City Signs is a very good company in a strong and stable position. At the age of 67, Neville is thinking about enjoying the fruits of his work by exiting the company and retiring…

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Insurance giant AIA outlines NZ expansion plans after acquiring Sovereign

AIA, the global insurance giant which recently acquired Sovereign, is set to roll out a new programme that gives cheaper insurance to Kiwis who lead healthier lives.The programme, dubbed Vitality, encourages people to exercise more, eat healthily…

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What if you lost your income today?

We all like to think that we are invincible, that nothing will ever happen to us, but what if it does? Every year over 50,000 New Zealand households (a Napier-sized city) lose the main income earner’s salary through illness. More than half of those…

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Young Kiwis rely on their parents for financial know-how

If you have children or close family members in their 20s, are you aware you could be their main source of financial information? That’s the case for nearly half of 20-year-olds today in New Zealand, a recent study by Massey University has found….

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