How Income Protection Insurance Works in 59 Seconds

Income Protection NZ in 59 Seconds

By Rohit Ranchhod | Mortgage Broker Waikato | Pay off your Mortgage WAY faster

Income Protection Insurance is one of the most useful forms of insurance when protecting your lifestyle.

Statistics released by the insurance company AIA state that less than 12% of Kiwis have income protection insurance.

That’s not a lot – quite a few people should reconsider this. Contact us HERE

This seems crazy when you think that over your working lifetime you will potentially earn millions of dollars. Without the ability to earn, that disappears.

When it comes to insurance it can be very easy to understand how life insurance and car insurance work. They are both quite black and white – but when it comes to income protection insurance, you need to learn a bit more.

Many people have a belief that ACC will pick up the pieces, but did you know that two thirds of time off work is because of illness, not injury-related disabilities. This means you are not covered.

Who will support you and your family?

Income protection is a big topic. It is why making sure you are protected is key. You don’t have to understand it all, that is why you have an adviser.

If you have not checked your cover in the last 12 months, click on the link below to have one of our team contact you for a FREE review.

It will either save you money, give you better protection or at least give you peace of mind.

{Debt Consolidation – Pay off your Mortgage Faster – Smart Mortgage Brokers Waikato}

CONTACT US HERE

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Some of our handy pages and links:

Refinance / remortgage: https://www.smartbrokers.co.nz/should-i-remortgage-in-new-zealand/

Mortgage Reviews NZ: https://www.smartbrokers.co.nz/why-should-you-have-a-mortgage-review/

How to repay your mortgage in 10 years: https://go.smartbrokers.co.nz/smart-dbc-live-edited-on-demand/

Mortgage Calculator: https://www.smartbrokers.co.nz/nz-home-loans/mortgage-repayment-calculator/

 


Our SMART Advisers provide a FREE service.

Information contained in this blog is of a general nature only and is not intended as personalised financial advice.
We recommend seeking personalised financial advice from your adviser before purchasing or changing a financial product.

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