What is the insurance response to Covid-19?
For many people, there won't be an insurance response until people are admitted to hospital.
Which also means that people are compromised in their ability to access advice and claims as isolation restrictions will reduce physical access and communication options.
Being prepared and understanding what you may be entitled to, or making preparations for your partners and family to respond is useful.
Not because there is a high-risk of this personally, more that if it does happen you don't create additional distress for you and your loved ones.
There are a number of things you need to address before you get to the sick and hospital stage:
* Address what insurance cover you have, this isn't necessarily about new cover, though we can help with this if it is needed, more that knowing what you have will make for better decision making.
* Sort out your Power of Attorney, somewhat challenging now in lockdown as it needs lawyers and witnesses, at the same time something that needs discussion and a chat with your lawyer.
* Sort your Will out, we know some 30-40% of deaths in New Zealand don't have a Will in place. It is a simple document to do and we do have a facility for very simple Wills can be done. Anything slightly complex will need a lawyer.
More specifically on the response from insurance, we put together the attached article at the beginning of March to help our clients understand how their insurance is going to respond, this is still relevant.
The only addition to this is now we are in lockdown some insurers have come to the party with premium holiday options that protect cover while enabling it to be claimed if you are faced with a need to claim. The specifics need to be discussed with your adviser or insurer, and some are better than others.
We are open online and by phone, happy to chat to answer questions, help people understand what they have, and arrange additional cover if it is needed. (We do have some heavy restrictions on placing new cover that will respond to Covid-19)
The Tova Show
Hello! Are you a …
- A student/young professional renting
- A young family, renting or owning
- An older New Zealander/retiree/pensioner
We’re reaching out from the Tova show, the flagship weekly politics podcast on Stuff, as we prepare for our budget coverage and how it’s affecting Kiwis - we’d love to hear from you.
We need a few people who are available the week before the budget (Wednesday 22nd/Thursday 23rd May) and on the day of the announcement (Thursday 30th May).
Please email tova@stuff.co.nz or comment below if you’d like to share your perspective with us. We give you our commitment to treat your experience with sensitivity and care.
Type NFP if you don't wish your comments to be used.
And the 2024 Prospa Local Business Hero is...
A huge congratulations to mother and son duo, Mary and Sam Danielson from The Puketapu Hotel.
The votes for all finalists have been tallied and they have been chosen by Neighbourly members across the country as the Prospa Local Business Hero of 2024.
The Puketapu Hotel was nominated by a local called Margaret and the nomination reads:
'On Feb 14, 2023, Cyclone Gabrielle flooded many of the rural areas. Puketapu Hotel went under perhaps half a meter of water. However, immediately Mary Danielson and her son, Sam Danielson, along with their loyal staff pulled it together to cook copious amounts of food that without electricity would have been wasted. Throughout the years many of us have been treated with a pub gathering where we can reconnect and a free meal. At Christmas there was Santa, games, gifts for kids, donated patchwork for adults, an ice cream truck and lots of camaraderie.
This February on the cyclone anniversary, they again pulled out the stops to give hundreds of us a special night. We are all tired of the cyclone cleanup and they understood that it was needed.'
Such a deserving business and team, well done Mary and Sam. And thank you to all those who voted!
Auckland Open Days
Join us at our open days and experience why the Ryman lifestyle could be for you. Learn about our living and care options, tour our show homes and the wonderful amenities on offer.
We look forward to seeing you.
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