As life is full of ups and downs, it’s best to be prepared. We all work so hard to provide for our families to ensure that they are happy and safe – but if something were to go wrong, would your family be looked after?
With the right insurance, you can have complete peace of mind that your family and possessions are protected – meaning life can continue if the unexpected did happen. While a professional insurance broker can help you find the best insurance for you, it’s good to have an idea of the different types of insurance out there beforehand.
Below we’ll go through the main types of cover that we’d recommend for a typical Kiwi family.
Life Insurance
Although no one likes to think about it – if the worst were to happen, how would your family fare in your absence? If your immediate thought is “they couldn’t manage without me”, it’s vital that you get life insurance – it’s something you simply can’t afford not to have. This type of cover will take care of your mortgage, pay general living expenses, cover the costs of raising your kids and will protect your retirement savings.
Income Protection Insurance
Are you the main provider for your family? If something were to happen to your health, and you were unable to work, who would look after the expenses and care for your family? With income protection insurance, you wouldn’t have to worry about this. This type of cover will help you maintain your lifestyle and household while you get back on your feet. You can spend that time recuperating so you can get back to work sooner, rather than spending the time stressing about finances.
Home and Contents Insurance
As your home is probably one of the biggest investments you’ll make in your life, it would be crazy not to have it insured. Ideally you’ll want to have it insured as a package deal with your contents insurance – so that in the event of a disaster, everything on the property is covered. This particular area of insurance is where you need expert advice, as you’ll want to ensure everything is insured for its correct value.
Vehicle Insurance
Being in a car accident is bad enough without even having to think about whether you’re covered or not! There are a range of vehicle insurance options out there, but it’s highly recommended that you invest in full cover. This means you get full protection for your car if it’s involved in an accident, as well as other benefits like new keys and locks if yours are stolen or lost.
In summary, it’s coming up to that crazy time of the year, lots of peoples doing crazy things. You might be the best driver in the world, but you don’t know who is coming your way. Why take the RISK ?
If you’d like to talk to a professional and experienced insurance broker about getting the right coverage for you and your family, text INSURANCE to 8808 and I’ll call you back to arrange a time for us to chat.