Life insurance, how much do we need?

Written By Kim Manunui

No good financial plan is complete without a robust insurance package that takes care of things when we need it to.

Getting the right balance is the domain of professional insurance advisers who are qualified and knowledgeable in formulating just the right package to suit your individual requirements with enough to cover you without breaking the budget and it’s important to review it annually.

Here at Infinance, we have access to comparative software that can compare provider rates and benefits and come up with the right solution to fit your requirements.

While there are many aspects to insurance, life insurance is typically the staple with other facilities such as mortgage and income protection attached as part of a package.

How much we need depends on individual responsibilities, size of mortgages and other lending and how much we want to leave to set up our family in the event the breadwinner is no longer with us factoring things like savings and income producing investments in place or it may be to provide enough to replace an income each year until the youngest turns 18 for example, it’s totally individual.

For some it may be $500k and others $2m or more and those with no dependants or mortgages it could be hardly anything or even none, what we do know however is the younger you start and the better the health the cheaper it is and it can be a case of locking in rates now for future insurability requirements.

So if not in the last year, give us a call to arrange a free consultation and review what you currently have to ensure its still fit for purpose.

For more on the above, click the link below.

Kim Manunui

Hi, I’m Kim and I work with a great team to help individuals, as well as small and not so small businesses get their message, product and services to the world using digital media and creating wonderful websites that don’t cost the earth.

I was born in Canada, and grew up around Vancouver and the mountains of British Columbia. My love of pristine environments led me to New Zealand and eventually to the mountains, lakes and rivers of the central North Island which is home. My family’s heritage is here, and it’s from here that Korio traverses the planet.

The digital world is never static and neither are we.

And I say ‘we’ because I work with an awesome group of talented people who I gather together as required to complete a project.  Whatever your business, not-for-profit or individual needs are we gather the best team to get the job done.

Collaboratively we are creative, share sustainable values and work hard for great outcomes because that’s the buzz of satisfaction that drives us.

If you have an audience and market to reach, we can make that happen. Creative design, words that work and smart behind the scenes stuff that cuts through the online noise. We’ll design your website and then build it. We’ll manage the content as well as all your hosting needs. We can handle your online advertising so you get noticed,
and we’ll manage your social media presence so you get the clicks, likes and engagement to grow your business. All within the budget you set, because none of this needs to cost the earth.  And the job doesn’t stop when your website goes live. We are your virtual business partner.

https://www.korio.co.nz
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