Insurers pay out $4 million a day to New Zealanders

Are you pondering the ‘insurance question’? Recent data from the Financial Services Council revealed the difference insurance is making to the lives of New Zealanders. 1.49 billion reasons to consider insurance In the year to 31 March 2020, insurance providers paid out $1.49 billion (or just over $4 million a day) in claims – including…

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Will low interest rates support the property market?

Unsurprisingly, the number of properties sold across New Zealand dropped significantly in April, according to the Real Estate Institute. Will low interest rates provide stimulus to the property market? Here’s what some economists expect for the next few months. Property prices have held up With the country being in complete lockdown for most of April,…

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Is a ‘mortgage repayment holiday’ right for you?

You might have heard a bit of talk lately about mortgage holidays. As part of its response to COVID-19, the Government has been working with lenders to make it easier for borrowers to get a break from their home loan repayments. While ‘mortgage repayment holidays’ have always been an option for borrowers experiencing financial hardship,…

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First-home buyers: how much can you borrow?

Looking at buying your first home? Then your ‘borrowing power’ is a critical number to know. Most lenders have online calculators to help you work out a rough estimate. But if you want a more precise figure before kicking off your house hunt, getting pre-approved by a lender is a great idea. To maximise your…

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Step onto the property ladder with a HomeStart Grant

Ready to buy your first home? Purchasing property always requires a fair share of planning, especially when it comes to saving for your first deposit.But if you’re a KiwiSaver member, taking this step may be easier than you think – thanks to the HomeStart Grant. What is it? Are you eligible? And how much can you get out…

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Have enough Life Insurance to cover your mortgage?

Do you have a mortgage? Along with Income Protection and Trauma Cover, Life Insurance is one of the types of covers that are best suited to a homeowner’s needs. But how can you make sure that you have the right level of coverage? Here are some tips to get you started. Don’t go for the…

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Time to claim? Here’s how we can help

Time to claim?

When life throws a curveball or two and you need to claim on your insurance, having the knowledge, expertise and guidance of your insurance adviser makes all the difference. It’s your adviser’s job to guide you through the process; to help you understand what you can claim; to represent your interests with the insurance company;…

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Five Insurance extras to consider

Thinking of increasing your Insurance protection, or simply would like to know what’s available and how you can make the most of it? Depending on the type of cover you have in place, there are certain extras you can consider. Here’s an outline of some handy optional benefits you can add to your policy, and…

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How does tax affect you as a property investor?

With a wider capital gains tax off the agenda (for now anyway) it’s a timely reminder that there are existing tax implications for property investors, depending on their situation. Here, we look at two reasons for investment property ownership, and what taxes might apply. Property investors who buy for capital gains Whether you will need…

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Stop ‘money leaks’ at the supermarket

We all know it – Planning meals, writing a list of groceries and then only buying those items is the only guaranteed method of saving money and staying on budget. However, when we are confronted by ‘special’ signs everywhere, tempting us to seize a bargain, it is easy to lose willpower and ignore our list.…

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