Let’s face it, insurance can be difficult. With all the addons, benefits, exclusions and terms, it’s easy to get wrong and end up costing more than you could imagine. Life insurance is one of those products where you get what you pay for, so research and care must be taken before deciding on the provider that’s best for your needs.
Before determining the best provider for you, it’s important to note that the product offerings of insurance companies are vastly different from company to company. What’s the “best” offering for you may not be the best for the next person, as each person has different medical and family history.
The bottom line is that you many of the most comprehensive insurance companies in New Zealand are only available through a licensed insurance adviser. These are companies like Fidelity Life, Partners Life and Asteron Life.
Our recommendation? Go with an advisor who works with your needs to create a tailored Life Insurance policy with the best providers around. Don’t go to the first insurance provider you find offering the lowest rate, as this one size fits all approach often leaves significant gaps in coverage that only an adviser will be able to see and advise on.
While online comparison sites are certainly convenient, they have a big weakness: they’re based on price comparisons for similar offerings across the industry without taking into account your personal situation. Plus, they often add on features to your policy that aren’t specific to your needs, meaning you’re paying for something that you may never even use! They’re generally modelled on a young healthy person, so often the initial quotes are wildly inaccurate.
Having a broker who works for your best interest means you can negotiate terms and rates for your insurance, saving you money and giving you peace of mind you have a person you know and can call when you need to make a claim.
With Life Insurance, you get what you pay for. When you choose to partner with an insurance adviser for your insurance needs, we work on your behalf to negotiate fair prices for the most comprehensive coverage that you need. Here at Nimble Brokers, we partner with New Zealand’s leading insurance companies to bring you tailored Life, Health, Business and Medical Insurance.
We’re here for you, to help you get your insurance right the first time around.