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20Jul2013

New Zealanders are grossly underinsured

After sick leave and annual leave have run out, it would take only one month for 55% of Kiwi households to be unable to pay all their expenses and maintain their lifestyle.

Are you one of these households?

You may be surprised to learn that New Zealanders are underinsured by $660 billion. This is according to a recent research project commissioned by the Financial Services Council.

The research has clearly demonstrated the disturbingly low levels of cover, awareness, and understanding among New Zealanders when it comes to life insurance.

  • 20 Jul, 2013
  • Ball Andrew
  • 0 Comments

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