Art & Entertainment | Book Reviews | Education | Entertainment Video | Health | Lifestyle | Sport | Sport Video | Search

 


New online tools make arranging life insurance easy

January 23 2014

AA Life encourages people to think more carefully about the financial value they have to their families and is making it easier to do so.
A revamped website provides people with the opportunity to work out the numbers for the their current circumstances with a suite of new online tools and information.

“While the thought of passing on and leaving our loved ones behind is not something we like to think about, we never know what the future might bring.,” says Keith Meyrick, General Manager, AA Life.

“Many of us have a bit of lead time to that event, but sometimes we don’t. Unfortunately, if that happens, we’re often unprepared and our families are left to deal with the aftermath.”

Mr Meyrick says people aren’t necessarily actively avoiding sorting out their financial affairs, it’s just put in the “too hard basket” because they don’t understand it well.

A recent and comprehensive survey conducted by Massey University showed that Kiwi lives were underinsured to the tune of nearly $200 billion.

“It’s not that Kiwis don’t understand insurance, they do. We insure our cars, houses, contents and boats which are all physical things with a tangible value. We don’t want to take the financial risk of fixing or replacing one of those things.”

“But we continue to take massive financial risks because we’re not thinking ahead of the value each of us has to our families.”

Over the last year AA Life has worked closely with customers to better understand their needs and how these needs can be met online.

“In particular we have worked to identify the information and tools people need to be able to answer their questions and buy direct from us at aalife.co.nz.”

AA Life has completely redeveloped its website to help customers work out how much cover they may need and how much it will cost.

“Our site now includes a simple cover calculator to help people work out how much they may need for their family if they died. It makes you think about your funeral expenses, debts, future living and housing costs for your family, education costs for the kids and lump sums for various reasons.”

“We’ve made the application process shorter, more simple and removed the need for medical checks.

“We don’t want people to put the idea of life insurance in the too hard basket, because it really isn’t.”

ENDS

© Scoop Media

 
 
 
 
 
Culture Headlines | Health Headlines | Education Headlines

 

Theatre: Ralph McCubbin Howell Wins 2014 Bruce Mason Award

The Bruce Mason Playwriting Award was presented to Ralph McCubbin Howell at the Playmarket Accolades in Wellington on 23 November 2014. More>>

ALSO:

One Good Tern: Fairy Tern Crowned NZ Seabird Of The Year

The fairy tern and the Fiji petrel traded the lead in the poll several times. But a late surge saw it come out on top with 1882 votes. The Fiji petrel won 1801 votes, and 563 people voted for the little blue penguin. More>>

Music Awards: Lorde Reigns Supreme

Following a hugely successful year locally and internationally, Lorde has done it again taking out no less than six Tuis at the 49th annual Vodafone New Zealand Music Awards. More>>

ALSO:

EPMU: Fourth Pike River Anniversary

Representatives of the Engineering, Printing and Manufacturing Union are proud to stand with the Pike River families to mark four years since 29 men lost their lives. More>>

ALSO:

'Kindara': Unusual Ginger Coloured Kiwi Chick Released To Taupo Creche

A cute little kiwi chick with an unusual ginger tinge to its feathers has just been released to Wairakei Golf & Sanctuary Kiwi Creche in Taupo after hatching at Rainbow Springs' Kiwi Encounter. More>>

Werewolf: The Complicatist : Bob Dylan Himself, And By Others

Bob Dylan is about to release a six CD version of the entire Basement Tapes sessions he recorded with the Band 40 years ago. To mark the occasion, I’ve rustled together some favourite cover versions of Dylan songs, and a few lesser-known tracks by the great man. More>>

ALSO:

Werewolf: Gone Girl : The Trouble With Amy

Philip Matthews: Three words to describe the David Fincher film Gone Girl: cynical, topical and ridiculous. Ridiculous isn’t a negative. More>>

ALSO:

11/11: Armistice Day Peace Vigils

On Armistice Day 2014, the second in the series of peace vigils that will take place three times each year during the World War One centenary will be held in Hokianga, Whangarei, Auckland, Tauranga, Otaki, Lower Hutt, Wellington and Takaka. More>>

ALSO:

Get More From Scoop

 
 

LATEST HEADLINES

 
 
 
 
Culture
Search Scoop  
 
 
Powered by Vodafone
NZ independent news