Life Insurance

Life Insurance is generally used to provide for your family in the event of the death of one of the parents. It is normally used so that your family is able to clear any outstanding debts and secondly can secure an independent income stream for a period of time.

      Quick Facts

• Just under 10% of females over 30 will die before reaching age 65 [1]
• Nearly 14% of males over 30 will die before reaching age 65 [1]
• More than 67% of New Zealanders have no or inadequate life insurance [2]
• Cancer, ischaemic heart disease and cerebrovascular disease were the leading causes of death in New Zealand in 2002 and 2003 [3]

Sources:
[1] Statistics New Zealand (2007), NZ Life Tables 200-2002
[2] AMP survey March 2006
[3] NZ Health Information Service (2006) Mortality and demographic data 2002-2003

The big questions are always: “How much do we need?” and “What type should I have?”

Find out just how much insurance do you need to safeguard you and your family's future. If you would like to discuss your life insurance requirements with one of our Advice Financial experts, simply click here to email us us or call (0800) 10 22 64 and ask to be put in touch with an adviser in your area.