Insurance News for Real People

Wills, Trusts & Estate Planning

Wills, Trusts & Estate Planning

 

They say all is fair in love and war. 

And it was first said by Miguel de Cervantes who made the comparison in 1604 in Don Quixote when he wrote, "Love and war are all one . . . Which was translated from the original Spanish used.

Variations have been used since, though it was not until 1850 that we saw the exact phrasing we know today.

Frank Smedley wrote in his novel, Frank Fairlegh: Scenes from the Life of a Private Pupil:

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Unfunded and Non-Pharmac for Southern Cross and other providers

Unfunded and Non-Pharmac for Southern Cross and other providers

So you have existing medical insurance cover but you are concerned about unfunded and non-Pharmac subsidised medicines, especially for cancer.

You are concerned because your present cover is either limited or non-existent for this area of your medical treatment. 

If you are fit and healthy then this is not quite the issue it could be and moving to a plan that does cover this is relatively straight forward. 

But that’s not the reason you are reading this either.

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Movember

Movember

 

I'm doing Movember this year, raising funds and awareness for men's health, please support the cause here mobro.co/willowgrove

I want to raise awareness about mens health and getting regular medical checks, even when you feel fine.

As a life insurance adviser, dealing with preventable conditions, particularly with men, is one of the most frustrating things I encounter.

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Updated - Do you have medical insurance? Will it really work?

Updated - Do you have medical insurance? Will it really work?

This is an update of my earlier blog dated the 14th of March 2016 which can be found here for comparison.

I'm updating this post as a new one as we have had Sovereign come out with an announcement that they will be retrospectively applying un-funded medicines cover for cancer to their historical medical product range. This one change effectively doubles the cover and unfunded access to treatment in New Zealand. That's Huge!

Those that have been reading my blog and social posts on a regular basis will have seen I’ve got a particular bee in my bonnet about unfunded medicines. Partly driven from my view insurance advice needs to improve but also ensuring you have access to the best treatment possible when you really need it the most.

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Cancer definitions in trauma insurance cover

Cancer definitions in trauma insurance cover

 

Continuing from the previous blog on breast cancer claims, we are going to get a bit technical and dive much deeper into what today's policy wordings say about cancer definitions.  

We did something similar on heart attack definitions a couple of months ago, though this is significantly longer. I am going do something I have not seen in a blog, add an appendix!

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Continued Cancer definitions in trauma insurance cover

Continued Cancer definitions in trauma insurance cover

Continuing from our previous post on the primary cancer benefit definitions we cover the early or less severe stages of a cancer claim with these definitions. If you want to read the main article, you can read that here first

Partial or Early Cancer Benefits

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Getting married or recently engaged?

Getting married or recently engaged?

 

We've been chatting in a number of groups about risk and insurance and we got chatting with Amanda from Southern Bride.

Having got married not too long ago myself, I appreciate the stress and challenges arranging a wedding can have.

Not to mention some of the risks that pop up with not only the celebration on the day, but the final parties before and some of the antics that happen.

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Breast Cancer and Trauma Insurance

Breast Cancer and Trauma Insurance

 

This has been an interesting topic of discussion in the last few weeks. Brought about by two clients facing breast cancer.

Checking the stats on the New Zealand Breast Cancer Foundation website the diagnosis rate of breast cancer in New Zealand has been steadily climbing in the last 20 years. From around 2,000 diagnosed per year to around 3,000 diagnosed per year presently.

This probably isn't surprising given that our population has grown too. What is pleasing to see is the mortality rate is improving relative to the number diagnosed. 

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What's the number one issue that impacts your financial well being?

What's the number one issue that impacts your financial well being?

 

What’s the one major issue people have that forces people to rely on their insurance plan?

No, not the latest iPhone or episode of Game of Thrones or Pokemon, it is their health! Though Pokemon is proving to be a factor for some!

The problem is we are so focused on being entertained that we have forgotten to focus on the things that really matter.

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Immigrating to New Zealand

Immigrating to New Zealand

 

Congratulations on your choice to move to New Zealand!

We may just about be the farthest country from just about anywhere on the planet, but it is the best country in the world.

If you have just stepped off the boat, or you have been here for a while, you are probably in for a bit of culture shock. Things here, while often looking the same as home, are just a bit different.

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We Got Silver!

We Got Silver!

Wow, 12 months have disappeared really quickly! This time last year I was reeling in the afterglow of being awarded the PAA's New Adviser of the Year. 

At the time I was both a little surprised and very grateful to have received this award, but as I wrote at the time I'd pretty much worn the New Adviser badge out. Having now been in the financial services industry for 15 years and an adviser for nearly five years.

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Travel Insurance; trust the credit card or not?

Travel Insurance; trust the credit card or not?

We say not. While you may have free travel insurance cover on your credit card, we still recommend taking a specific policy for your travel, especially if it is going to be longer than a few weeks.

Booking tickets and planning, sure up until you get on the plane, or boat, use the credit card coverage (Within the constraints of your cover, travel duration could be a trap if it's a long trip). Once you step on the plane have your real cover in place.

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Medical Treatment; Are you a claim stat and don't know it?

Medical Treatment; Are you a claim stat and don't know it?

From time to time I get updates through from insurers with their claim stats. I recently posted a blog on medical coverage for un-funded medicines and had a look at insurance literacy for clients.

I like information, the sort of information that gets away from the typical and very usual FUD. Fear Uncertainty & Doubt that my industry often trades on to get sales. 

I rant a bit in this one; it is an issue we, collectively, don't spend enough time and energy on.

It is been commented in many online forums, that the scaring and very pushy what if? Isn't appreciated. I must admit I do not like it much either. Which is why I try and stay away from it and deal with the facts. 

Part of the reason people take longer to make decisions, but they do make better decisions as a result.

My point, while I do not trade on FUD, I certainly have some disturbing stories and stats. Some may look on the surface as FUD. They are based on the reality of you and me, the average person. 

The person getting on with life, family and business and gets knocked over with something unexpected and often unplanned for.

What’s this post all about?

It is about you, your health and how you can access treatment in a more effective way.

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