Quad bikes are a serial killer in New Zealand workplaces. Eighty-one people were killed on work quad bikes between January 2000 and October 2017. Three have died since July last year. Most fatalities and injuries are caused by roll overs.
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Insurance
Whenever you apply for personal insurance cover, the insurers will ask you a series of questions to assist them to make an underwriting decision. These will cover things about your current and past health, your occupation, pastimes and family medical history.
Australia’s Financial Services Council is enacting a moratorium on life insurance genetic test results as a binding standard - and its counterpart in New Zealand says it’s an issue that’s on the agenda here too.
In a well-publicised High Court judgment former directors of Mainzeal Property and Construction Limited (in liquidation) were found liable for breach of their directors’ duties by trading recklessly whilst the company had been insolvent over a period of years.
Most people know that insurance policies include an excess. But if you’ve never made a claim you might not really know what an excess is for, or how they work.
Even if you’ve read your policy information thoroughly or have made claims before, there are a few things about insurance excesses that you may not know.
Different businesses will have different health and safety risks. It all depends on the type of work you do.
A healthy and safe workplace starts with identifying and understanding what your work-related health and safety risks are; particularly those that have the potential to cause people serious injury or illness.
Wearable devices, like Fitbit watches, are becoming more and more popular and insurers are interested in the data they collect.
Life insurance cover provides two main premium options – ‘stepped or ‘level’.
‘Stepped’ premiums increase yearly with age, any inflation adjustments and general changes in premium rates. Premiums are very affordable in the short term, becoming increasingly expensive in later years.
Cocksy is a New Zealand celebrity builder. But a diagnosis of terminal cancer meant he couldn’t work, and got him thinking about what he wanted to do with the life he had.
His Asteron Life insurance is helping him live his life the way he wants to, and plan for what he wants to leave behind.
In 2017 the number of insurance claims from "extreme events" broke records last year, testing the sector's ability to keep up with nature.
The Insurance Council of New Zealand says total settlement cost of events in 2017 reached $2.55 billion.
When you drive, you’re constantly checking your surroundings. You’re keeping an eye on other motorists around you, and making a mental note of who’s speeding up, slowing down or turning.
You rely on other motorists to do the same thing – but accidents still happen.
If someone else makes a mistake and causes an accident – are you also relying on them to have insurance?
We have experienced rapidly increasing house prices over the past few years, increasing the value of what for many of us will be our biggest asset. But does this mean we are actually any wealthier and are we making the same smart decisions we made when our properties were worth less?
Recent figures from Sovereign show that cancer continues to be the leading cause of life and trauma insurance claims.
Cancer made up 49.6% of Sovereign life insurance claims and 68.3% of trauma claims in the 12 months to 30 June 2016. with over $115 million paid out during this time frame.
We are now back in our offices and operating after the recent earthquakes and our team are standing by to help our clients. Here's what you need to know:
Clients with earthquake damaged land or property or contents need to lodge a claim with EQC first on 0800 326 243 or online.
What if you bought a product which contained features that you never used – were they still worth something?
Most of us will never reach the top speed our cars are capable of. Most people never take their four-wheel drive vehicles off-road. Half of my friends don’t use half of the features of their smartphones. And on and on. Were those things worthless?
Insurance companies ask a range of questions on policy application forms to obtain all of the information they might need. You must provide all the information you are asked for. But your duty to give information is not limited to the questions on the application form. Legally, you must tell your insurer about anything that could affect its decision to insure you or the terms and conditions you will be offered.
Are your carpets considered to be part of your house contents or part of the house? Could be either as it turns out so it pays to read and understand your insurance policy wording.
With a large increase in motorists during public holidays, we'd like to take this opportunity to encourage you to be extra careful on the roads.
Each year our insurers see an increase in claims for collisions over public holidays. In fact, over the last five years claims over the Easter holiday period have spiked by around 10% compared to the weekly average for the rest of the year. Last year was particularly bad with Easter collision claims about 19% higher than the weekly average.
Figures on how New Zealanders spend their insurance dollars show we value our belongings more than we do ourselves.
Research undertaken by EY reveals New Zealanders spent 5.5 times more on non-life insurance premiums in 2011, than we did on life insurance premiums.
Contents insurance covers more than just TVs, mobile phones and jewellery -- as a new list of curious claims released by AA Insurance proves.
In the last few years, it's paid out for a damaged jade cabbage sculpture, a stolen horse massager and a foldable electric skateboard