Income Protection NZ News

Income Protection NZ is pleased to present the latest financial news headlines.

To read an entire news item, simply click on the headline.

Insurance News

If insurance was free, would there still be an underinsurance problem?
Nov 20 :: Even if price wasn’t a factor, AMP’s Chris Kirby argues that Australia would still have an under-insurance problem. This is why it is the industry’s job to kill preconceptions... read more

Regulatory compulsion propels commercial insurance
Oct 26 :: Australia is the second largest advanced market in Asia for commercial insurance, not least because of regulatory requirements around issues of professional indemnity,... read more

Premium rates for life cover sold by advisers in decline
Oct 26 :: Premium rates for life cover products sold by financial advisers fell by an average of 10 per cent across 11 leading insurance providers between December 2004 and... read more

Life insurers pay out $4 billion in 2011
Jul 01 :: The 10 biggest life insurers paid out just under $4 billion in claims in 2011 - up 11.4 per cent from 2010, according to research conducted by The Risk Store.... read more

Direct life insurance up but credit insurance flat
Jun 01 :: Overall direct life insurance sales have grown 11.3 per cent in 2011 and in-force annual premiums are up 10.9 per cent despite flat growth in credit-related insurance... read more

NSW Insurance broker suspended
May 22 :: A Menai-based insurance broking firm has had its licence suspended for seven months following surveillance conducted by the Australian Securities and Investments... read more

Insurance Articles

Things to Consider While Choosing Commercial Building Insurance
A commercial building is one where your business is housed. Whatever is the type of your business, be it manufacturing, sales, retail, or any service, there is certain... read more

Shopping Around For Insurance
You can buy insurance direct from the provider, your bank or building society, a supermarket, or broker. You can also buy insurance from the provider of another product... read more

Insurance Claims - The Acid Test for Insurance Policies
How well a company handles their processes and the customer experience at claim time is what truly determines the real worth of the insurance policies that are being... read more

Women are the underdogs when it comes to insurance
Research released by the Investment and Financial Services Association in late September highlighted the fact that Australian women with dependent children had significantly... read more

Understanding the Need for Public Liability Insurance for Businesses
Public liability insurance covers the claims made against the business by the public or any third party, who suffers a loss or injury at the business premises due... read more

A Healthy Tax Time Tip form the Money Tips Team
Changes to the Private Health Insurance Rebate are coming on 1 July, 2012, so if you’ve been putting off “doing something” about your health insurance... read more

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Knowledgebase

Insurance broker: An agent acting on behalf of the insured (not the insurance company) who negotiates the terms and cover provided by the insurer in the insurance policy.