Have You Got the Right Sum Insured?

Have You Got the Right Sum Insured?

Our hearts went out to everyone affected by the floods in West Auckland in September which caused severe damage to a number of homes and businesses, rendering some uninhabitable. 

It’s a timely reminder that – both residential and commercial property - are often under-insured when it comes to natural disasters like earthquakes, floods, and storms.

Climate change means weather events are hitting us more often here in NZ. 

It's a good idea to review your sum insured each year, or when renovating your property, to make sure it’s accurate. Remember too that you can amend your sum insured at any time, not just when your policy is due for renewal – particularly if you have made improvements or changes to your property.  

Increasing the sum insured usually doesn’t result in a huge increase in premium. In the scheme of things, it’s a small price to pay for peace of mind for your home or business. 

For more information on calculating the correct sum insured, talk to your broker. 

General Advice Warning

The information provided is to be regarded as general advice. Whilst we may have collected risk information, your personal objectives, needs or financial situations were not taken into account when preparing this information. We recommend that you consider the suitability of this general advice, in respect of your objectives, financial situation and needs before acting on it. You should obtain and consider the relevant product disclosure statement before making any decision to purchase this financial product.

Cyber Insurance

Cyber Insurance

Technology has never been so deeply entwined in our businesses. While it delivers significant efficiencies and convenience, it also comes with significant cyber risks.

Cyber Q&A with Steve Dymond - Part 2

July 30, 2020

Giving your passwords a clean bill of health

August 25, 2020

We survived a hacking attempt

August 11, 2020

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