INSURANCE MARKET SUMMARY The reality of New Zealand’s risk profile as a country exposed to earthquakes and severe storms is beginning to have a significant impact on the insurance markets across all commercial and residential property related products. The current inflationary environment caused by the increasing cost of materials to repair or replace property and …
Levy is payable on all contracts of insurance against the risk of fire where assets in New Zealand is covered. The transitional levy is currently 10.60c per $100 sum insured. For contracts commencing on or after 1 July 2024, the levy rate will increase to 11.95c per $100 sum insured. This is subject to upper limits …
What is EQCover? EQCover is natural disaster insurance for residential homes and some areas of residential land. To pay for EQCover, the government sets the EQC levy, which makes up a portion of every New Zealand home insurance premium. Most people automatically have EQCover for your home and land if you have a current Home …
Thinking about the unexpected isn’t always easy and – especially when you’re young, healthy and dependant-free – the ‘worst case scenario’ may not be on your radar yet. But there are plenty of reasons to consider Insurance at a young age. If you belong to the Millennial generation or know someone who does, this quick …
Young and healthy? Three reasons why Insurance is a good idea Read More »
Keeping KiwiSaver top-of-mind makes sense. If you’re familiar with the basics, but could do with expanding KiwiSaver knowledge, read on for five (of the many) things to know… About your first-home deposit One of the advantages of KiwiSaver is that you can dip into KiwiSaver funds to boost your first-home deposit, reducing the mortgage you …
Who said financial skills are just for grown-ups? Teaching kids about money provides them with a toolbox that will be incredibly useful through life in making confident and informed decisions in the future. And its importance goes well beyond money itself. It can be the foundation upon which key skill sets are built, such as …
Five money lessons you can teach your kids, and maybe learn? Read More »
Anyone who is an expert on property will tell you that your house is really only worth what someone is willing to pay for it. But if you’re working out insurance or planning to sell your home, you might be looking for a more solid answer. If you want a heads up on what your property is …
Don’t forget we’re here – for queries, concerns, plans or just a plain old natter. Working with an adviser isn’t like going to Briscoes and buying a toaster. Odd statement? Perhaps, but the point is that advice isn’t a transaction, it’s a relationship. The pace of life is astoundingly busy these days, and often it’s …
Looking to sell your house? If so, how can you make sure your home truly shows off all of its features? As a would-be seller, you can take a few steps to win buyers’ hearts and maximise the potential of your property. Check out the quick tips below. First impressions count Stand across the street …
Making it through the holidays without spending a small fortune is important, and the key to this is sticking to what’s right for you. In other words, think about how your priorities and goals can meet your budget. Simple is better Simplifying Christmas is a good starting point. If you take a good look at …
We know it too well – the decade between 30 and 40 years of age is a time of big change and increasing responsibilities. Maybe you’re giving your career a boost or taking it in a new direction. You may have just tied the knot and started a young family, got on or climbed the …
Imagine being able to monitor your financial life from a single platform – including KiwiSaver scheme, Super-Super, bank accounts, savings, debts, shares, property and other investments. With the recent launch of its mobile app, Booster NZ has taken its customers’ relationship with money to a whole new level, enabling them to keep track of their …
Keep your financial life in your pocket with the new Booster app Read More »
