Insurance Whangarei – Why Use Insurance Whangarei?
Welcome to Insurance Whangarei, a site set up specifically to showcase the best Insurance Brokers in Whangarei.
The world of insurance and insurance brokers can be a scary and unknown place. For those of us that don’t really know much about insurance, all the different types of policies, the array of companies and most of all, how to best make sure that we are adequately insured.
My husband and I have only recently married and we’re thinking about starting our family. Also, we have just started up a new business venture and all these major changes in our lives have made us realise that we need to get our financial lives in order. One of those important tasks is to make sure that we have adequate insurance for our particular situation.
It can be a daunting task wading through all the new terms, assessing your risk, getting quotes and comparing prices and products. You’re faced with the prospect of looking from home and car insurance, life insurance, income protection, health insurance right through to business and travel insurance and everything inbetween!
It was because of my own experience with all these new terms that I decided to start this Insurance Whangarei site and hopefully make the process of getting cover a little easier for others. After trying to sort through all this myself (bit of a control freak unfortunately 
I realised that the only way I was going to get through all this was to go through an insurance broker.
The insurance brokers job is to act as a link between yourself (the client) and the many insurance firms. They work to offer you different types of insurance such as life insurance, health, home, contents and auto insurance, based on your individual needs and circumstances.
The challenge for the insurance broker is to offer the best/most appropriate packages and policies in a clear and systematic manner so that there’s no confusion or doubts. They need to explain the importance of insurance as it pertains to the clients situation and how the products that they are offering are better than other products.
But why insurance Whangarei important?
If you die tomorrow, could your spouse or family, pay for all your funeral costs, organise all your financial affairs, pay off all your debts and continue in their current standard of living if you were no longer around to bring in an income? Thinking about these things is what makes you realise why life insurance Whangarei is important.
If you were seriously injured would you, your spouse or family be able to pay for all your hospital costs, ongoing treatment and time off work, while still paying for all the living costs for you and your family until you are fully recovered. And what if you never fully recover? This is why Total Permanent Disability insurance can be important.
If you are injured and are unable to continue working are you able to still pay off your debts and maintain the standard of living that you currently have? This is why you need income protection insurance.
If you had a car accident and it was determined that the accident was your fault, could you replace your car and pay costs of any other damage you cause in the accident? Car insurance Whangarei.
Insurance Whangarei is about helping you to protect yourself and your family.
It may make you feel morbid to think about these things, but by putting insurance in place it means that you can stop worrying about these things and know that you have taken the steps to properly protect you and your family from the financial devastation that usually accompanies these tough and horrible events in your life. It is an unfortunate fact of life that these things happen.
Just look at the devastation that those in Christchurch and Japan have gone through. It wasn’t anyone’s fault, but for those that had the appropriate insurance in place, the financial impact on them is not as large. I’m sure the people of Christchurch have enough to worry about without the huge amounts of stress that come with worrying about how you’re going to feed your family or even get them into a warm and dry place to sleep.
Insurance Whangarei is here to help you find the right broker to find the RIGHT insurance for YOU and your family.
Insurance Whangarei – Types of Insurance
Here’s a list of the types of insurance that you may need to consider for your personal or business insurance. Insurance Whangarei will help you determine what is the right type of insurance for you circumstances.
Personal Insurance
- House & Contents
- Motor Vehicle (including Classic Car & 4 Wheel Drive)
- Caravans
- Motorcycles
- Boats and Pleasure Craft
- Life, Medical, Income, Critical Care
- Mortgage Repayment Insurance
Business Insurance
- Business Assets
- Business Interruption
- Motor Vehicle and Mobile Plant
- Electronic & Machinery Breakdown
- Life (Partnership and Business)
- Income Protection
- Corporate Travel
- Fidelity Guarantee
Liability Insurance
- Public
- Carriers
- Statutory
- Employers
- Directors and Officers
- Trustees
- Association
- Professional
Marine Insurance
- Cargo/Transit
- Hull (Commercial & Private)
- Consequential Loss Insurance
Contracts Works Insurance
- Construction Risk
- Consequential Loss
Farm Insurance
- Farm Buildings and Contents
- Livestock
- Farm Vehicles & Implements
- Farm Liabilities
Insurance… Really?
Is it REALLY important to have insurance?
We have all had events happen in our lives that are unexpected and unwelcome… and there is nothing we can do about them. Vehicle accidents, health issues, natural disasters, fires and burglary can throw our lives into turmoil in an instant.
These incidents can happen at any time of our lives. But if we prepare now to take care of the ‘what if’s', we can save ourseelves some of the major financial hardships associated with these events.
When something unexpected happens the first thing that happens is our well being, security and finances are threatened. Families that once earned enough money to pay the bills, buy food clothing, get an education and look after loved ones suddenly can’t make ends meet—and that throws everyone and everything off balance.
But by planning ahead, your and your family can purchase insurance and rely on the insurance providers to help with the financial burden when there’s sudden and serious loss. This helps us to:
- Mitigate risk
- Protect assets and income
- Provide peace of mind
- Offer a lifeline in stressful situations
Think of insurance as a savings account. As premiums are paid in, money becomes available to buy the way out of unforeseen events like those above. This helps limit out-of-pocket expense and provides the funds necessary to get everyone through—just when help is needed most.
New Zealand Health Insurance
Why do over 30% of New Zealanders have health insurance? Because, just like any other insurance policy, it gives a measure of peace of mind about your future should bad things happen.
Although we all wish to be healthy and many take steps in their lives to ensure they are as healthy as possible, we just don’t know what will happen to us or what health issues we may have.
And you don’t know how they could impact you, your family and your ability to earn an income. Having medical insurance helps to alleviate the financial stress associated with medical problems. The public health system doesn’t cover all treatments or costs and you will most likely not have any control of when you receive treatment or the quality of healthcare you receive.
The Benefits of Health Insurance
- Having a health insurance policy enables you to choose the doctor or specialist and it means that you can decide when and where you would like to be treated.
- You have the assurance that you can recover most if not all of the costs you incur.
Here in New Zealand we are fortunate to have a good public health system but there are limittations. The public hospital will take care of you and treat you straight away if you need emergency treatment. But if your treatment is not required urgently or is elective, then you will need to be assessed and then qualify for elective services. This process can take months or even years.
If your treatment doesn’t qualify for surgery in a public hospital you will need to pay for it in a private hospital… and this usually is very expensive. If you have health insurance, it may be covered by your policy.
Below are some indicative costs for different treatments here in New Zealand.
Procedure *Indicative cost range (NZ $)
- Cardiac bypass (heart surgery) $30,000 – $40,000
- Valve replacement (heart surgery) $33,000 – $50,000
- Angioplasty – without stents (heart surgery) $13,000 – $15,000
- Total hysterectomy (surgery) $5000 – $8000
- Prostate brachytherapy (cancer surgery) $20,000 – $30,000
- Radical mastectomy (breast cancer surgery) $4000 – $9000
- Wisdom teeth removal $1400 – $8600
*As at February 2008 (incl.GST).
These procedure costs vary depending on where you get the procedure done, the medical staff and any medical complications and the type of procedure and medical technology used.
The Role of Health Insurance
While the public health system focuses on emergency services, private health insurers are able to cover the cost of many semi and non-urgent procedures and elective procedures.
The health insurance industry complements the NZ public health system, by ‘bridging the gap’ between what the public health system can provide and what New Zealanders want for our healthcare. The health insurance industry makes an enormous contribution towards the health and well-being of New Zealanders. In 2006 health insurers spent around $700 million on healthcare, the majority for the 15-64 age group.
