Tower Full Replacement House Cover Includes Full Cover For Fire

Tower Have Full Replacement House Cover For Fire! Tower say they listened to the people of New Zealand about the concerns regarding the uncertainty of house insurance and are the first insurance…

Get The Best Mortgage Protection Coverage

If you have a mortgage commitment then you should also consider some form of mortgage protection coverage. Of course you could rely on the bank where you have a mortgage to…

Reasons Why You Should Review Your Insurance NOW

Have you had a close look at your insurance recently?

Why Review Your InsuranceReview Your Insurance

Nothing in life remains the same and yet many people fail to review or make any changes to their insurances even when they know they have made changes in their lives which have changed the risks.

Ask yourself if something has changed;

  • Have you taken on more debt or paid debt off?
  • Have you or your partner changed jobs or had a change in income?
  • Have you got any children – if so, I assume they

5 Tips When Shopping For A Life Insurance Policy

The problem with any life insurance policy, is that those who need it most don’t have anything. Or in some cases they have minimal cover or claim they can’t get it due to their health.

Of course it’s distressing as an insurance adviser or a family friend to learn how few people with young kids have life insurance or any insurance especially mortgage protection insurance which is the one insurance policy designed to protect your family and keep you family home for your family.

Who Needs A Life Insurance  Policy?

provide certainty for your familyThe main income earner should always have life insurance

How To Buy Cheap Mortgage Protection Cover

Insurance is a product where you are buying a bit of paper (the policy document) with a promise that in the event of a certain event happening you will be compensated for the financial loss. Of course the hope is you will never need to find out how good that promise really is.

So how do you select the best option, or should you just go for a cheap mortgage protection cover?

Comparing Mortgage Protection

How To Buy Cheap Mortgage Protection CoverMake sure you compare apples with apples.

Whenever you purchase a product or service and are looking at the prices you need to ensure that you are comparing apples with apples

What Waiting Period Is Appropriate For You?

When you decide on an income protection or mortgage protection cover you will be asked what waiting period you want, and most people don’t really have any idea. Of course, if…

Make Sure Your Finances Are In The Best Shape For 2015

The early part of the year is always a good time to review everything including how you have your finances arranged. There is some useful information on websites like the “sorted”…

Is Mortgage Protection Insurance Important?

When you speak to your mortgage broker or bank about your home loan they invariably ask you about mortgage protection insurance – why?

mortgage protection insuranceIt is not just like McDonald’s asking if you want fries with that, it is simply because you have a mortgage which generally means you either don’t have the financial resources not to have a mortgage or you wish to leverage your capital for the maximum return.

Even if you think you are just being “sold” another product, you should take a few minutes to consider why the mortgage broker or bank choose to talk about

Passive Income Negates The Need For Mortgage Cover

Does Passive Income Negate The Need For Mortgage Cover?

Firstly you need to understand the reason people have mortgage cover – to ensure that the mortgage commitments are met while you (the insured) is unable to meet those commitments. This could be due to your inability to earn income from either a disability or death.

Does Everyone Need Mortgage Protection Insurance?

The simple answer is “NO”

You need to ensure that the income you generate does not need your personal exertion.

That is passive income.

As mentioned above, the reason that you would have mortgage cover is to ensure that you can make your mortgage repayments if your income stops so having passive income that continues means your income does not stop

How Much Passive Income Do I Need?

Full Replacement House Cover For Fire

Tower Are Bringing Back Full Replacement Cover For Fire! Tower say they listened to the people about the concerns regarding the uncertainty of house insurance and are the first insurance company in…