adviser.co.nz

Servicing the needs of over 6000 customers since 1970

Our products and services

Life and Critical illness insurance:

If you are aged 16 - 55 and wish to get an online quote for Life or Critical Illness Insurance go to our associate site at www.nzlife.co.nz


Funeral Insurance:

If you need a simple funeral plan, with a level premium and no health exams -  www.goldenlife.co.nz


Medical Insurance:

Pay less for medical insurance.

100% cover up to $250,000 per annum - no limits.  If you want an instant Medical Insurance quote - www.nzmedical.co.nz


KiwiSaver and retirement planning:

If you need information about KiwiSaver, retirement planning, or budget changes.  Information is available for employers, employees and individuals. 

www.retire.co.nz


For other advice:

For general advice about how we can help you with insurance , investment and mortgage products.  Then this site is right for you.


Keyperson insurance

Insurance designed to meet the specific protection needs of a key individual in a business.

Key Person Insurance is an essential safeguard for a business against the loss of a key executive, director or specialist due to death, disability or critical illness. Key Person Insurance recognises the importance that particular individuals play in the well-being of a company. Key Person Insurance provides a variety of benefits, a combination of these will ensure maximum protection for an organisation:

  • Key Person Life Cover Benefit Key Person Living Assurance Benefit Key Person Total Permanent Disablement Benefit Key Person Disability Income Protection Benefit Waiver of Premium Benefit

Life, Living and TPD cover provides a lump sum. For details of the benefits provided see the Personal Insurance pages.

Key Person Disability Insurance provides a benefit of up to 100% of the value of the key person's remuneration package payable to the business for a period of up to 2 years.

Waiver of premium means that the Insurance company suspends premiums during a claim period reducing this cost.

In summary, Key Person Insurance solves the most difficult problem for a business - what to do if a key person is disabled for an unknown period of time.

If you would like more information or a quote please - email us..


Q & A

If you have questions you would like answered email us

Q. How does one calculate the amount of life insurance for a Key Person?

There are three major risks to cover:

  • The direct costs of a temporary or permanent replacement The cost of recruitment and training The potential loss to the business due the experience, goodwill and relationships built by the Key Person.

We involve both company management and we suggest the company accountant, to assess the cash required to cover the above three risks. The total may not be the sum, but needs to be sufficient to keep the business solvent and profitable until a replacement is productive.

This may be determined by the banks or other guarantors demands for collateral life cover.