Insurance is there to help protect the people, income, home, business, and future you are building. The right cover depends on your:
Nik Trainin provides insurance advice for New Zealand families, homeowners, self-employed people, and business owners.
Many New Zealanders insure the things they own before they insure the income, health, and people those things depend on.
FSC research says around 70% of Kiwis continue to be underinsured when it comes to life and health insurance.
That does not mean everyone needs more insurance. It does mean many households have not clearly worked through:
Insurance advice helps work through those questions before looking at products.
Insurance advice helps you understand what financial risks may need to be protected and what options may be available.
This may include:
Insurance does not remove every risk, and no policy pays in every situation.
The policy wording, underwriting, exclusions, claim definitions, and insurer assessment all matter.
Nik can help explain different types of personal and business insurance and where each may fit.
Life Cover can provide a lump sum if you die or meet the policy definition of terminal illness.
It is often considered for:
Mortgage Protection can provide a monthly benefit if a covered illness or injury stops you working and you meet the policy definition.
It is usually linked to:
Income Protection can provide a monthly benefit if illness or injury affects your ability to work and you meet the policy definition.
It is usually linked to:
Trauma Cover can provide a lump sum if you meet the policy definition for a covered serious medical condition.
It is often considered for:
TPD Cover can provide a lump sum if you meet the policy definition of total and permanent disability.
It is often considered for:
Health Insurance can help with eligible private medical treatment costs, depending on the policy.
It may help with:
Business Expenses Cover can help some self-employed people and business owners meet eligible business overheads if illness or injury stops them working.
It may be considered for:
Insurance needs can change over time.
A review may be useful when:
A review does not automatically mean replacing existing cover. The outcome may be:
Insurance advice should start with your needs, goals, responsibilities, and financial position, not with a product.
Nik works through what matters most, what could create serious financial pressure, and what options may help manage those risks.
We look at:
We talk through what you would want protected if something went wrong. This may include:
We look at the events that could create the biggest financial impact. This may include:
Before looking at insurance, we consider what else may already be available. This may include:
Insurance is only one part of the discussion.
If insurance is appropriate, we compare available options and explain how they work. This may include:
The focus is matching the structure to your needs, goals, and budget.
If you decide to apply, Nik helps prepare the application and supporting information. Nothing is submitted to an insurer without your approval.
Once cover is in place, it should be reviewed when life changes. If you need to claim, Nik can help you understand the claim process and what information may be required. The insurer still assesses the claim under the policy wording.
Yes. Nik can review existing insurance policies and help explain what they are designed to cover.
This may include checking:
Reviewing existing cover does not automatically mean replacing it.
Any change should be considered carefully, especially where existing policies have older wording, accepted medical terms, or exclusions.
The application process can vary by insurer and cover type.
You may be asked about:
The insurer may ask for:
The insurer may offer cover as applied for, offer different terms, add exclusions, apply a premium loading, reduce the benefit, or decline the application.
Cover is not in place until the insurer has accepted the application and the policy has started.
It depends on your income, mortgage, debt, family situation, goals, existing cover, and what financial risks you want to manage.
There is no adviser fee payable by you for our insurance advice service. If a policy is put in place, we are paid by the insurer.
How we are paid, including any insurer commissions, is explained clearly in Nik’s Disclosure Statement.
Yes. Nik can review your existing cover and explain what it is designed to do, what it may not cover, and whether it still lines up with your current situation.
Sometimes. The insurer may ask for medical information, questionnaires, reports, blood tests, or other evidence depending on your age, health, cover amount, and application.
You may still be able to apply, but the insurer may offer different terms, exclusions, a premium loading, a lower benefit, or decline cover.
They do different things. Life Cover usually provides a lump sum after death or terminal illness. Income Protection usually provides a monthly benefit if illness or injury affects your ability to work.
Not usually. ACC may help after a covered injury, but it does not generally apply to illness. Insurance and ACC can interact differently depending on the policy wording.
It is worth reviewing cover when your mortgage, income, family situation, business, health, or financial position changes.
Insurance may be worth reviewing if:
Call us on 027 775 5335 or send your details through.
