CFFC (Commission for Financial Capability) surveyed 3132 New Zealanders between January to June 2020. They used questions from an OECD toolkit to measure understanding of financial concepts such as interest, inflation, and risk diversification. Only 22% of all respondents answered all questions correctly, and only half as many women as men answered all questions correctly.
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Why women need to start talking Finance and Life Insurance
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Five Life Insurance Myths - Busted
There are lots of excuses we use to delay getting around to sorting out our life insurance. A recent survey of our customers indicated most people took around six months to decide to get it sorted! That’s a long time when the actual process could take as little as 10 minutes. Some of the reasons given for procrastinating are touted as fact when they have no truth to them at all. We break down these myths and give you the facts.
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How do I choose a life insurance provider? A simple guide
Some websites advise you to never go direct to an insurer first. They say you'll pay full price and have nothing to compare it with. We disagree. We think you should absolutely do your own homework. Approach insurers directly and understand what they offer. Then make your own comparisons. If you have a special health need or family situation, then talk to an expert. For most people, however, there's no reason why you can't choose for yourself.
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Rainbow families need life insurance too.
With the pride festival winding down this week, we wanted to take a moment to acknowledge rainbow families. At Pinnacle Life, we treasure the people we love, our kids, our partners, our whanau. We appreciate that for rainbow families finding the 'missing ingredient' to create a family, takes consideration and planning that most heterosexual couples haven't had to give a second thought.
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Want life insurance advice without talking to anyone?
What if you could get advice about life insurance without paying a cent? And without having to talk to anyone? Where you are the expert? Pinnacle Life is excited to be able to offer you just that. A tool you can use to get the advice you need, about what life insurance is right for you.
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Why you should think about insurance even when you rent
If you’re worried about paying rent and putting food on the table each week, you’ve not got money going spare. This means things like insurance become a luxury rather than a utility item. If you own your home, but your mortgage payments mean you are squeezed for cash, you are also likely to have put insurance lower on your list of priorities.