Do you need life insurance when getting a mortgage in NZ?
Do you need life insurance when getting a mortgage in NZ? No New Zealand bank requires life insurance before they hand over the keys. And that’s exactly why so many Kiwis walk into homeownership carrying a risk they haven’t thought through properly. The bank got what it needed: building cover on the asset, proof of […]
Should First Home Buyers Get Life Insurance in NZ?
Should First Home Buyers Get Life Insurance in NZ? Should you get life insurance when you buy your first home in New Zealand? It’s one of the most common questions first home buyers ask, and it tends to arrive at the worst possible moment: somewhere between signing the sale and purchase agreement and picking up […]
The “10x Your Salary” Rule Is Lazy. Here’s How Much Life Insurance You Need.
How Much Life Insurance Do You Really Need? A Practical Guide Search “how much life insurance do I need” and you’ll get the same tired answer everywhere. Ten times your income. Sometimes twelve. It sounds authoritative. It’s also close to meaningless, because it ignoresthe only things that actually matter: what you owe, who relies on […]
Why Paying More for Life Insurance Might Actually Save You in NZ
Stepped vs Level Premiums NZ: Which Life Insurance Structure Saves You More? When most New Zealanders choose life insurance, they pick the option with the lowest monthly premium. It makes sense on the surface but it’s one of the most expensive decisions you can make in the long run. The two premium structures available in […]
