How Health of your Family May Affect Your Insurance Policy

How Health of your Family May Affect Your Insurance Policy

For many of us the decision of when to take out personal risk insurance is governed by major life changes. The purchase of a new home, birth of a child or marriage are the three most common triggers

Published In The Whakatane Beacon

18 May 2018
Who is going to be there for you at Claim time

Who is going to be there for you at Claim time

It’s safe to say that nobody who has ever had an Insurance claim paid out has ever complained that the premiums they were paying were too high. Certainly, when it comes to getting money quickly

Published In The Whakatane Beacon

22 February 2018
Mental Health Awareness when it comes to Insurance

Mental Health Awareness when it comes to Insurance

This week the Government decided to launch an enquiry into New Zealand’s mental health system in response to calls for a probe into funding and an investigation into the pressures that the

Published In The Whakatane Beacon

26 January 2018
Costly Delays

Costly Delays

While most of us acknowledge the importance of life insurance, many clients can take a long time before taking up the cover they know they should have.  There seems to be a logic that that any

Published In The Whakatane Beacon

11 January 2018
PROBABILITY VS IMPACT

PROBABILITY VS IMPACT

When considering to take out insurance we do it for 2 reasons 1)        We think something is likely to happen 2)      We would be

Published In The Whakatane Beacon

3 November 2017
Whos fundraising for YOU when you need it?

Whos fundraising for YOU when you need it?

This month has seen a number of worthy causes advertising to raise much needed funds. We’ve had mental health awareness week, breast cancer month and stroke awareness week just to name a few.

Published In The Whakatane Beacon

27 October 2017
Insurance: The First to Go

Insurance: The First to Go

When times are tough and cash-flow is tight it’s often the Insurance that is the first to be cancelled.  The reason seems to be that the client is unable to justify the expense as compared

Published In The Whakatane Beacon

20 October 2017
A Reminder of the Importance of Life Insurance

A Reminder of the Importance of Life Insurance

Generally it’s the cheapest type of insurance available, and fortunately not claimed with the frequency of some other products, but it’s important to know the value and reasons why you

Published In The Whakatane Beacon

25 August 2017
Covering your liabilities, a gift when you're gone

Covering your liabilities, a gift when you're gone

A recent event serves as a reminder as to the importance of having a will to make life easier for your family when you die, but also brought to light how up to date insurance can provide a similar

Published In The Whakatane Beacon

28 July 2017
INSURANCE: THE FIRST TO GO?

INSURANCE: THE FIRST TO GO?

When times are tough and cashflow is tight it’s often the Insurance that is the first to be cancelled.  The reason seems to be that the client is unable to justify the expense as compared

Published In The Whakatane Beacon

7 July 2017
New Insurances to Protect your Children in times of Crisis

New Insurances to Protect your Children in times of Crisis

Several years ago I wrote an article, “Looking after your children’s health and welfare” which detailed how you could get some insurance cover as an optional extra on your own

Published In The Whakatane Beacon

30 June 2017
The Cost of Good Health

The Cost of Good Health

The Cost of Good Health With all the increases in costs of living and comments about the rise in grocery and petrol expenses, it is interesting to notice that one area where people expect prices to

Published In The Whakatane Beacon

19 May 2017
When Insurance Agencies Don't Pay Up....

When Insurance Agencies Don't Pay Up....

With recent events we have seen incidents of flood victims failing to have their insurance claims expectations met.  These decisions can be devastating to those who have suffered loss in

Published In Whakatane Beacon

2 May 2017
When Disaster Strikes

When Disaster Strikes

Recent events in the Eastern Bay have shown that while sometimes there are things out of our control how we prepare and respond to these disasters can greatly affect the overall outcome.

11 April 2017
Looking After your Children's Health and Well-Being

Looking After your Children's Health and Well-Being

At O’Hagan’s we believe that children are our future, treat them well and let them lead the way, show them all the beauty they possess inside. Okay, so that’s Whitney Houston who

Published In Whakatane Beacon

5 April 2017
Factors that affect the cost of your Insurance premium

Factors that affect the cost of your Insurance premium

Whether it is insuring your home, your car or yourself against death, injury or illness, one of the most common barriers to taking out sufficient cover is the cost of premiums. But what causes

Published In Whakatane Beacon

15 March 2017
Key Decisions to Protecting your Business

Key Decisions to Protecting your Business

Sixty-seven percent of businesses that stop trading do so because of the death, serious illness or injury of a key person. Typically the key person or “Rainmaker” generates up to 70%

Published In Whakatane Beacon

1 February 2017
Check that your Insurance policy will Protect You

Check that your Insurance policy will Protect You

Last week I purchased a new car and contacted my Fire & General broker to arrange the vehicle insurance. They provided me with a quote, but then for some reason I decided to take a closer look

Published In Whakatane Beacon

9 November 2016
Don't let Assumptions cloud your Judgement

Don't let Assumptions cloud your Judgement

When arranging personal insurance, clients can often fall into a trap of making one or more of five major assumptions.    1) The Assumption of a sudden death:  The

Published In Whakatane Beacon

28 October 2016
When Does your Insurance Get Paid

When Does your Insurance Get Paid

All insurances are pretty much the same when taken out. A sum is decided upon for the cover and premiums are calculated dependent on the risk and likelihood of a claim being made. The important

Published In Whakatane Beacon

28 October 2016
Keeping it Honest

Keeping it Honest

Recently we heard of an incident that showed how keeping it honest with insurance agencies is essential – not just to be a good citizen but to avoid the severe ramifications if ever caught

Published In Whakatane Beacon

12 October 2016
Assumptions in Insurance

Assumptions in Insurance

When people make complaints about insurance agencies the root cause of the complaint is the  “expectation of the client” not being met.   While there are the odd

Published In Whakatane Beacon

5 October 2016
Make Sure You're Getting Insurance Advice from the Right Source

Make Sure You're Getting Insurance Advice from the Right Source

I was recently overseas and was amazed at the number of different outlets offering personal insurance. Even since I returned I have been noticing the increase in Online and TV advertised options

Published In Whakatane Beacon

10 August 2016
The Other Side of Funeral Insurance

The Other Side of Funeral Insurance

Recently on TV there was a discussion on funeral insurance.  It was felt that insurance companies pressured people to purchase funeral insurance.  It was estimated that if funeral

Published In Whakatane Beacon

29 June 2016
Probability V's Impact

Probability V's Impact

There are 2 reasons why we take out insurance.  We do it because we think something is likely to happen  OR we do it because if something did happen the impact on our financial situation

Published In Whakatane Beacon

15 June 2016
Don't Try to Close the Stable Door After the Health Horse has Bolted

Don't Try to Close the Stable Door After the Health Horse has Bolted

Recently we have seen a couple of occasions when the timing of clients Insurance enquiries has unfortunately been too late to get the cover they require. The key thing to bear in mind when

Published In Whakatane Beacon

7 June 2016
Can your Insurance Policy change as you do?

Can your Insurance Policy change as you do?

Many insurance policies on the surface look very similar and may even have comparable prices, but do you know whether the policy is able to adapt to fit your changing needs at each stage of your

Published In Whakatane Beacon

25 May 2016

HEALTH INSURANCE PROVIDING ALTERNATIVES

When I became a parent over 20 years ago my husband and I decided to take out health insurance for the whole family.  This may seem a logical course of action for an Insurance Broker (which I

Published In Whakatane Beacon

8 March 2016
Protecting your most valuable asset - YOU!

Protecting your most valuable asset - YOU!

If we were to ask you to name your most valuable asset, what would it be? For many people their answer would be their home. Others may suggest that their boats or cars were the most important

Published In Whakatane Beacon

16 February 2016
The cost of NOT reviewing your insurance

The cost of NOT reviewing your insurance

  When we ask clients what personal (life, income protection, health, trauma etc) insurance they have they almost always cannot accurately identify what type of cover they have and at

Published In Whakatane Beacon

15 January 2016
How Much Life Insurance Do I Need?

How Much Life Insurance Do I Need?

Here is another question that came through to us recently and 2 different points of view as to the “right” answer:   QUESTION:         What

Published In Whakatane Beacon

27 November 2015
Take out your Insurance before you know you need it

Take out your Insurance before you know you need it

Why do we have Insurance policies? This isn’t a trick question, but asking it will get different responses for each person’s situation. Whether it is to look after the family once you

Published In Whakatane Beacon

25 November 2015
HOW MUCH TRAUMA COVER SHOULD YOU HAVE

HOW MUCH TRAUMA COVER SHOULD YOU HAVE

Recently we attended a seminar on calculating how much trauma insurance cover should you have.  The result was – it’s impossible to calculate because it will depend on what Traumatic

Published In Whakatane Beacon

13 November 2015
Updating your Insurance for your current situation?

Updating your Insurance for your current situation?

Many insurance policies on the surface look very similar and may even have comparable prices, but do you know whether the policy is able to adapt to fit your changing needs at each stage of your

Published In Whakatane Beacon

16 October 2015
This Father's Day think about your Family

This Father's Day think about your Family

It may just be a coincidence but Father’s Day, which is being celebrated this weekend, is timed in the same month where we acknowledge the fight against Prostate Cancer as part of Blue

Published In Whakatane Beacon

4 September 2015
Keeping Things Running in Times of Crisis

Keeping Things Running in Times of Crisis

Sixty-seven percent of businesses that stop trading do so because of the death, serious illness or injury of a key person. Typically the key person or “Rainmaker” generates up to 70% of a

Published In Whakatane Beacon

21 August 2015
ACC - What it Does Cover and What it Doesn't Cover

ACC - What it Does Cover and What it Doesn't Cover

Many of us treat ACC like a Tax.  While it is compulsory it is, however, insurance.  But what exactly does it cover and more importantly what doesn’t it?   ACC will pay for

Published In Whakatane Beacon

14 August 2015
A Quick Way to Fast Track your Recovery

A Quick Way to Fast Track your Recovery

Recently on two separate occasions during routine medical examinations, I have heard of people being asked, “Do you have medical Insurance?” prior to the Doctor advising of the next

26 June 2015
Insurance - The First to Go?

Insurance - The First to Go?

When times are tough and cashflow is tight it’s often the Insurance that is the first to be cancelled.  The reason seems to be that the client is unable to justify the expense as compared

Published In Whakatane Beacon

8 May 2015
Approaches to Arranging Personal Insurance

Approaches to Arranging Personal Insurance

When they are considering personal insurance we generally find from our previous experience that clients come to us with one of three different proposals.  The first is based on what we, as

Published In Whakatane Beacon

1 May 2015
Trust and Insurance

Trust and Insurance

Insurance agencies do not enjoy a great reputation.  Many clients will begrudgingly take up a policy believing that if a claim were to be made the insurance agency would try to wriggle out of

Published In Whakatane Beacon

24 April 2015
The Importance of Knowing your Insurer will pay at Claim time

The Importance of Knowing your Insurer will pay at Claim time

Let’s face it, when looking at Insurance companies advertising and their promises when getting you to buy their product, they all appear to be pretty much the same. However, there are a number

Published In Whakatane Beacon

3 April 2015
Workplace Insurance Schemes

Workplace Insurance Schemes

Workplace Insurance Schemes are a cost effective way for Employers to remunerate and reward their Employees.  A group insurance scheme is one that the Employer arranges for their staff.

Published In Whakatane Beacon

27 February 2015
A Tale Close to Home

A Tale Close to Home

Often as Insurance advisers we hear real-life stories highlighting those who have had to make insurance claims and the difference it makes having the right cover in place. It is safe to say that

Published In Whakatane Beacon

6 February 2015
Assumptions in Insurance

Assumptions in Insurance

When people make complaints about insurance agencies the root cause of the complaint is inevitably  that the  “expectation of the client” is not met.  While there are the

Published In Whakatane Beacon

30 January 2015
The Man Behind Trauma Insurance

The Man Behind Trauma Insurance

Last week saw the passing of Dr Marius Barnard, who along with his brother Christiaan, was one of the pioneers of open heart surgery.  As well as this incredible claim to fame, he was also

Published In Whakatane Beacon

28 November 2014
Making Sure Your Love Ones are Protected

Making Sure Your Love Ones are Protected

We all like to think that we are going to be debt free, hopefully with a healthy asset position, by the time we take our last breath. Certainly for many New Zealanders it is a high priority to

Published In Whakatane Beacon

14 November 2014
Health Insurance - The Most Cost Effective Option

Health Insurance - The Most Cost Effective Option

Health Insurance- The most cost effective option in the long term 14-10-14   Whenever we think of health Insurance, it is often accompanied by the comment that it is expensive for

Published In Whakatane Beacon

17 October 2014
What Makes A Good Insurance Policy

What Makes A Good Insurance Policy

As with any type of insurance policy not all Health Insurance policies are the same.  Some are better, some cheaper and some offer features that offer little benefit.  But how do you spot a

Published In Whakatane Beacon

26 September 2014
Insurance for Dangerous Work Place or Pastimes

Insurance for Dangerous Work Place or Pastimes

Insurance underwriters, those faceless beings who make the decisions behind the cost of Insurance premiums, love statistics. A major part of their role involves calculations and reviews of data that

Published In Whakatane Beacon

19 September 2014
Health Insurance

Health Insurance

20% of GDP is spent on our Public Health System.  This is double the average for other OECD countries and with Medical Inflation increasing at a breathtakingly rapid rate it doesn’t take a

Published In Whakatane Beacon

12 September 2014
Insurance Advisers - the Value they add Today

Insurance Advisers - the Value they add Today

We were talking with an insurance agency who has just brought on an online application that can be completed by Insurance Advisers (brokers).  It was brought up that with today’s

Published In Whakatane Beacon

15 August 2014
When does your Insurance pay out

When does your Insurance pay out

As we have mentioned in countless previous articles, there are a number of different types of personal risk insurance. But do you know what type of cover you currently have in place, what it covers

Published In Whakatane Beacon

25 July 2014
Getting Your Affairs in Order

Getting Your Affairs in Order

“Getting your Affairs in order”. . . The expression conjures stern faced Doctors addressing patients with devastating news that the patient is not expected to survive. But getting your

Published In Whakatane Beacon

20 June 2014