What happens if you die too soon?
Life insurance is a cost-effective way of protecting your family and your business from life’s unpredictable events.
With LIFE-TIME’s independent research based financial advice, our Financial Advisors can provide recommendations based on your circumstances and the industry rating of products compared to its competitors.
Recent Statistics indicate that:
- 1 in 6 Men (17%) over the age of 30 will die before age 65.
- 1 in 9 Women (11.2%) over the age of 30 will die before age 65.
Obtaining the right Life Insurance can provide a you with the security and knowledge that your family, whanau and business will be taken care of in the event of your death.
Personal Life Insurance for Families
If you die before you planned, and many of us will, do you have a plan to ensure your loved ones will be taken care of? Your personal life insurance is for the benefit of those you love and who depend on you for income and protection.
Life Insurance options include:
Kiwi’s and newly arriving immigrants to New Zealand should can speak immediately to a LIFE-TIME insurance advisor by contacting 0800 54 33 84 or visiting here: http://LIFE-TIMEfinancialgroup.co.nz/financial-advisors-auckland/get-a-quote
Australian readers can get life insurance coverage here http://www.hsbc.com.au/1/2/
Life Insurance for Business
Life Insurance can provide an income stream for your family and can safeguard a family or partnership business from the loss of an important aspect; by providing a cash payment.
But it is also important to consider other implications for business partners that you may leave behind. Any loans or bank debt could be called in immediately upon your death if you are not properly prepared.
Therefore, you should also consider a Shareholder Succession Agreement to safeguard your business’ continuation.
Questions to Ask
Are all Life Insurance companies and policies the same?
Absolutely not. Life Insurance should be purchased taking account of all the available information. Some providers cover more trauma conditions than others and it is also important to review the likelihood of a payout in the event of death.
Is your existing life insurance designed to be in force at death?
It is important to review the documentation fully before making a decision. Some insurance companies include terms and conditions that are intended to invalidate the agreement under certain circumstances. These weasel words and phrases can make an insurance policy worthless if you do not have appropriate cover.
Can’t I just use a price comparison website or buy the cheapest available by shopping around?
For the reasons mentioned above, it is important that you get the right insurance cover for your needs and budget. The cheapest provider may not offer you the highest or most appropriate level of cover. But similarly, the most expensive won’t necessarily be the best either. Our financial advisers have a lifetime of experience saving our clients’ money whilst getting them the most appropriate level of cover.
A LIFE-TIME Insurance Audit
Independent research companies benchmark insurance policies against others in the marketplace and LIFE-TIME Financial Group purchase these reports to assist our clients.
With a research based Insurance Audit, your LIFE-TIME Financial Advisor can compare any insurance policy against 100% of the products available in the marketplace and provide quantitative data to reinforce our recommendations.
Your LIFE-TIME Authorised Financial Adviser (AFA) or Registered Financial Adviser (RFA) can ensure your family and business insurance is covered for any eventuality.
Further details about insurance options is available at our Life Insurance Made Simple page. This information is provided for information only. You should always consult an qualified financial advisor before making any decision on Insurance.
Contact LIFE-TIME and Request a Call Back:
Contact us today to arrange a callback to discuss your Insurance options or to arrange a research based LIFE-TIME Insurance Audit and review: