Personal Life Insurance
What can you protect
Your HEALTH, your WEALTH and your LIFE
We all understand life insurance, but you are actually at a higher risk of becoming ill or injured prematurely than you are to die prematurely. Personal insurances are grouped for maximum benefit:
- Lump sum payments. This would include Life assurance, Total and Permanent Disability assurance and Living assurance
- Regular payments. This would include Income Protection and Family Life Protection
Most insurances are payable while you are still alive which is when you are likely to need it more. And some cover can pay from the point where your claim is accepted until age 65.
What do I need
Everyone has different priorities so there is no one right answer. Of course, you are likely to be limited by a budget, but within your budget you need to maximise your protection by insuring your health, wealth and life.
Completing an Insurance Application
If you currently have no life cover, or you are looking for Life cover under $1m, or Living Assurance under $500,000, please download and complete the Life Application Short Form
If you are applying for multiple cover at any level, including medical, please download and complete the Sovereign Life & Health Application
As of 19 May 2012
| Floating | 5.75% |
| 6 Months | 5.75% |
| 1 Year | 5.25% |
| 2 Years | 5.55% |
| 3 Years | 5.75% |
| 4 Years | 6.10% |
| 5 Years | 6.50% |
I just wanted to say a big, big THANK YOU to the team there at NewBuild. When I found out baby number four was on the way, we realised we needed a bigger home. We decided building was our best option. We phoned our bank who said the only way we could do this was to sell our current home and rent while we built. I found this totally unrealistic, rent would cost much more then our mortgage repayments, and we couldn't service rent and a build. So we were downhearted, and resigned to the fact we had to stay put...until My brother started building so I asked him how did he afford to build and pay rent and he told me about NewBuild, and "his guy" John Lincoln [a NewBuild Advisor] who he would pass on my details to. John phoned me, and well here we are in our BIG new house! THANK YOU NEWBUILD! What an amazing and much needed service you offer, John was very helpful all the way, always explaining everything in great detail, until he was comfortable that I understood. Monica [NewBuild Administration Manager] was also always very approachable, talking me through so much, and every bill that we had to pay, was paid quickly without any fuss from NewBuild. And David [a NewBuild Advisor] the insurance man, who never tried to sell us more insurance than we needed, but enough to meet our current needs. What a great team. THANKS! kind regards
Andrew and Alexandra
(Completed with GJ Gardner Homes (Rodney))