Ie, the best cover has these;

• Partial claimability for various low grade cancers, heart attackes, strokes, etc.
• Free $50000 Trauma cover for any children.
• Non-pharmac drugs medical/Health insurance
• Intensive care auto payout under tarume cover
• Own occupation Income cover
• Income cover that pays in advance
• Agreed value income cover
• Guaranteed policy wording
• Truama cover buybacks
• Life cover buybacks

If your current life insurance cover does not include these things or you simply don’t know, you need to contact me right now.

These features are some of the most important benefits you can acheive within your personal life and risk insurance.

Rod Eddowes   -  021 415 966   -   rod@appfsl.co.nz

For most of us, the main aim for health insurance is to cover the cost of surgery and hospitalisation. It can be very expensive, unknow in condition and can strike at any time.

So what is the best health insurance ?

As in all insurance, one that has the best insurance coverage, simplest design and superior benefits and options.

Both Onepath and Partnerslife offer excellent coverage, very large annual maximums, a simple “you choose your excess and we pay the rest” format, specialist and tests option plus the jewel in the crown – a non pharmac drug benefit !

Only these 2 insurers offer this significant benefit. They will pay for the required prescribed use of any Medlab approved drug in NZ as a standard inclusion of their health insurance (8000+ at last count).

Given that all the other insurers health insurance only cover Pharmac funded drugs and Pharmac only manage to fund or subsidise less than 25% of all drugs approved for use in NZ – anyone with health insurance with any other insurere is exposed to paying for approx 75% of drugs required.

This benefit is therefore, a significant reason why anyone looking for health insurance or in fact anyone who has cover should change to a non-pharmac cover.

And the quoted premiums are not extreme and in fact compare very well with the health insurance market in general.

Contact me now to obtain a quote for this very superior health insurance

Rod Eddowes         021 415 966         rod@appfsl.co.nz

For life insurance, health insurance, income insurance, trauma insurance …

For full insurance coverage – seek a “package”.

Shop around across all the insurance companies.

Use an independent insurance broker/agent to check the market – they’re free.

Look at your insurance policy excesses

Reduce the amount of insurance but not the quality.

When reviewing insurance quotes, you need to compare “apples with apples” as some insurance

companies coverage is better than others even at the same or lessor premium.

Right now in 2012, the NZ Insurance market does contain a couple of genuine opportunities to achieve all of the above.

To talk to me directly about obtaining the best insurance quotes or reducing your current insurance premiums;

Contact Rod Eddowes on 021 415 966

Therefore you want to off-load as much risk as is possible – right?

The real test of insurance and it’s quality is what happens at claim time. The world is littered with examples of people making a claim and being denied because their policy didn’t cover what they thought it did. Disaster !

Therefore the best cover is that which contains the best coverage , ( ie, covers the most conditions), has the best benefits and has clear and totally predictable outcomes ( ie at claim time!).

The same policy coverage across a number of insurance companies can be very different in quality and certainty. As with any industry, there are always some products that are superior to all others plus changes to products as insurance companies try to attract new customers. Nothing unusual about this but how do YOU manage this to ensure yourself of the best cover?

Use an independent broker.

This person will be able to take your needs and objectives and cover them with the best quality and most fitting coverage at the best premium. Their services are free to you so use them. Even if you have existing cover, why not market test it for free? You will likely achieve improved cover for same or even less money.

Now that is great insurance.

If there is one great reason why you should have an independent life risk insurance review, it’s to

“find out what cover you don’t have “.

Most of us have purchased life insurance, usually at a time when we bought a house, got married or had first child.

Then we put it in a bottom draw thinking that’s that ticked off.

But your life and its assets, responsibilities and risks do not sit still – they change and grow.

Insurance offerings change too.

So what happens is that at some point these two change situations can be far apart.

Resulting in your cover being inadequate and off the pace.

Your insurance advisor should sit down with you at least once a year so ensure you are getting what you’re paying for and that you are fully informed about new products, features and benefits available in the market.

So blow the dust off those old policies and contact me, Rod Eddowes – Insurance Broker (The Insurance Guy)

www.insuranceinnz.co.nz

…wouldn’t you want to offload all the risk you could ? What if you had more risks that you could offload but weren’t aware you could.

Wouldn’t you want to offload as much risk as you could for the least fee ?

This is in essence why independent brokers are in fact the best insurance you could have.

They know what risk you can offload, to whom, why, how and what it should cost.

And they do all this for free !!!! No cost to you.

So take advantage of my time and test your offloaded risk – I mean Insurance – NOW !

And remember – some insurance companies cover is much better than others.

One even now offers $50,000 free Trauma cover for your children !!

Did you know that ?

I did – give me A CALL.

Rod Eddowes  (my website - www.insuranceinnz.co.nz)

The attached Consumer survey isn’t bad and at least helps to provide profile and support for medical/health insurance.

However, it needs to be appreciated that the article is produced by someone not an industry expert but really simply providing basic information , some industry jargon definition and comparing premiums.

However, the significant undervaluing of the non-pharmac drug feature is disappointing as it’s a huge differential.

Why ? Because Pharmac now barely covers or subsidises only 20% of all drugs which leaves a staggering 80% uncovered.

So for about the same premium, it’s a no brainer to remove this 80% risk by purchasing Onepath or Partnerslife medical cover.

Off-loading risk is exactly what insurance is all about !

Also the writer didn’t really compare the actual breadth of cover within the insurers nor the actual maximum per operation allowances.

Most simply offer an annual maximum which isn’t anywhere near as good as Onepath ($200k per operation max)

Bit silly to limit cover to an annual maximum !

These are the 3 things that really count.

Insurance IS all about off loading risk – so when assessing various insurers and their offerings – it is vital to focus on the real breadth of their cover first – ie, how much risk you can offload to them versus someone else.

Yes – premiums play a part but as confirmed in this article – they can vary but first fully understand what you can have before you decide what not to take.

Rod Eddowes (Phone 021415966)

For Excellent Independent Advice on:-

Life – Trauma – Total & Permanent Disablement – Income Protection – Health – Business – Personal

Vehicle – House – Contents – Boat – Building – Business covers – Liability – Interruption & key Person

1.  Life
2. Income protection
3. Trauma
4. Total & permanent Disablement
5. Health

 Why? Because a bit in each of these buckets and you have everything covered.

Whether you die, have an accident, stroke, heart problem, cancer, other illness, need surgery, can’t work – you will have money.

 Money that can pay for life to continue financially, payoff debt, cover unforeseen expenses, alterations, operations, expensive drugs, full recuperation, etc, etc.

 Whether we like it or not, when something goes badly wrong, money from good insurance cover is the biggest pacifier.

Yep at this time of major stress and financial impact, money is a big blessing.

 So, make sure your 5 buckets all have some appropriate cover.

 And yes, use an independent broker to advise you of the best mix across these 5 buckets – the best cover via  a single policy at a competitive premium.

 Rod Eddowes

Insurance  Broker

 Waiver cover on your insurance policys is like insurance for your insurance.

If you are on claim due to an accident or illness, Waiver cover pays for your insurance premiums.

 It’s an inexpensive (just a few dollars a month within your premium) way of making sure you and your family can afford to maintain your Personal insurances at a time when you’re under a bit of financial pressure.

 For more information, please contact Rod Eddowes (Insurance Broker)

 It has long been recognised that there is a severe underinsurance problem in New Zealand. This has been backed up by the 2007 MGI Family Business Survey which showed that the following key business personnel in NZ family businesses do not have any life insurance:

 Key business personnel not covered by life insurance Family firms

Founder / CEO 41%

Key family members 62%

Key non-family members 85%

Business partners 78%

 With this in mind, Onepath have developed Key Person Start-Up Income Cover.

In summary:

• New businesses that have been in operation for three years or less may apply for the cover and are not required to provide any financial accounts.

• They can elect for one of the following monthly sum assured options – $2,000; $3,000; $4,000; $5,000; $6,000; $7,000 or $8,000 and the benefi t will be paid for up to two years.

• Your clients will have the choice of 4, 8 or 13 week waiting periods, and just like our other income protection benefits, payments are made in advance.

• If the life assured dies while on claim, we will pay a lump sum equivalent to six months benefit to the business on top of payments already made – this is known as the Capitalisation Benefit.

• An upgrade path is available to Income Cover after two years and Business Extra after three years – no medical underwriting is required at this point.

 This cover is particularly fitting for self employed and contractors/consultants.

 You simply select the amount of insurance cover you’d like and away you go. No financial assessment required.

 Contact me now or for more information and insurance NZ articles please visit my website.