Life Insurance Blog

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.

Research conducted by Pinnacle uncovered a cynicism about life insurers and claims payments. We put minds to rest and explain our 99.3% claims rate statistic.

Because of the long-term nature of life insurance, some older style policies are still active. And, when you ask your parents or older people for advice about cover, they might talk about kinds of policies that are no longer available. What are they and why not?

It seems it's not just finance where young women fall behind their male counterparts; it's sport too. Sport NZ announced a new campaign this week to encourage young women to get and stay active - #itsmymove. It aims to engage sector leaders, parents and young women in motivating and supporting young women in the world of sport and recreation.

The Financial Markets Authority recently released the results of their inaugural Customer Experience survey. The research intended to provide a snapshot of the financial services sector, how consumers interact within it, and how they perceive their banking, investing, and insurance providers.

Like anything we buy, it’s a good idea to shop around and see who is offering the price that suits us best. We know from our customer research that value for money is particularly important, which is why at Pinnacle Life, we offer the most affordable life insurance in New Zealand, as recently confirmed by MoneyHub.co.nz. The study consisted of multiple quotes from 10 different insurers, identifying Pinnacle Life as the most cost-effective provider for both an individual and joint policy.