Advice matters
The role of personal insurance in safeguarding your financial future

As the New Year unfolds, there’s an important aspect of self-care that is worth thinking about – peace of mind. Personal insurance, be it life cover, health cover or income protection, can help protect your financial future from some of life’s biggest challenges. Here’s how.

Life insurance: Securing tomorrow, today

Taking out life insurance is all about having your family’s back. If life takes an unexpected turn, this cover can help ensure that financial commitments like mortgages, bills, or children’s education don’t weigh down your loved ones, even in your absence.

If you’re exploring your life insurance options for the first time, get in touch. With many different options and features available, getting professional advice can help you find a solution that’s suitable for your needs and goals. Click here to learn more.

Health insurance: Because health doesn’t wait

While New Zealand has a great public health system for emergencies, you may find yourself twiddling your thumbs on waiting lists for elective surgeries. Health insurance can serve as your fast-pass in these situations. By offering quicker access to medical care in the private system, it helps ensure you get your essential medical procedure promptly.

Simply put, with health insurance, you get the benefit of time, quality care, and peace of mind that you won’t be waiting in line when your health demands attention.

Income protection insurance: Because the bills don’t stop

Life is full of surprises, and not all of them are pleasant. While we can’t predict when a major illness or serious injury might sideline us, we can prepare for its financial impact.

Income protection insurance can ensure that, even if your health keeps you from working and earning, you could still meet your most important financial commitments. This means you can focus on recovery, knowing that your standard of living is secure.

One of the key questions to ask yourself is: How long could you and your family ‘survive’ financially without your income? If you’d like to know how income protection might help you, click here.

Trauma insurance: A powerful tool in times of need

Trauma insurance can provide a financial buffer for the stormy days of life. It pays out a lump sum should you be diagnosed with one of a list of qualifying critical illnesses or health events, like cancer, strokes, and heart attacks.

This can be invaluable in providing you the space and resources to recover and adapt, reducing financial strain. Whether it’s adjusting your living situation or seeking alternative treatments, trauma insurance gives you the freedom to use the payment as you like and need. Click here to learn more.

We’re here to help

Did any of these insurance options resonate with you? Or maybe you simply have questions?

Get in touch with a SHARE adviser today. We’re here to guide you and ensure you make well-informed choices for your own peace of mind.

Disclaimer: Please note that the content provided in this article is intended as an overview and as general information only. While care is taken to ensure accuracy and reliability, the information provided is subject to continuous change and may not reflect current developments or address your situation. Before making any decisions based on the information provided in this article, please use your discretion and seek independent guidance.