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 and engage... 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, according to new... 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 June 2012, according... 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. The amount... 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 sales, according... 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 Commission (ASIC).... read more

Insurance Articles

Importance of Public Liability Insurance for Small Businesses
Small businesses are more prone to risks of large financial liability. These may come in the form of litigation for not meeting the standards in the product/service as promised; employees'... read more

Top ten insurance questions
We get some interesting questions from our subscribers each month about various aspects of insurance ... so we've compiled a top 10 list of insurance questions and answers that embody... read more

Top 5 Reasons to Buy Insurance Through a Broker
In today's litigious and uncertain world, insurance has become a very important component of every financial plan. But, when it comes to buying insurance, consumers often get confused... read more

Secure Your Business Investments With a Comprehensive Insurance Policy
As a business owner, you invest considerable amounts in purchasing capital and office equipment, property, stock and inventory. All this, involves a fairly big amount of your money. However,... read more

The 5 most common Business Insurance mistakes
Looking over your insurance premiums each year, you may be wondering how you could save a dollar or two on your next premium. As an intangible asset, it can be difficult to put a value... read more

7 Things to Think About When Comparing Car Insurance
The range of car insurance options in Australia is impressive for a country of our size. It's easy to become overwhelmed given the number of companies offering the best, the... read more

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Knowledgebase

Disability Insurance: A type of insurance protection that pays a portion of a person's income lost due to a total or partial disablement arising from either an accident or a sickness.