A lot can change in a year. You might move house, get a pay rise, welcome a new family member, or even just decide you’d rather spend your weekends on the golf course than working extra hours. But while life moves on, many Kiwis leave their insurance policies exactly where they were last year (and the year before that).
Here’s the problem: insurance isn’t a “set and forget” product. What suited you two, five, or even ten years ago might not be the best fit today. And the kicker? Sticking with old cover could be costing you far more than it should.
1. Your premiums might be higher than they need to be
Insurance companies are always updating their products and pricing. New discounts, options, and flexible covers are being introduced all the time. By reviewing your policy regularly, you could discover a way to get the same protection for less money. Who doesn’t like saving a few extra dollars each week?
2. Your life has probably changed
Maybe your mortgage is smaller now, or your kids are grown and independent. You may not need the same level of life cover you once did. On the other hand, maybe you’ve taken on a bigger home loan or started a family—meaning your current cover isn’t enough.
An annual review makes sure your insurance grows (or shrinks) with you, so you’re not overpaying for cover you don’t need or leaving yourself underinsured.
3. Insurance products evolve
Like smartphones, insurance products are constantly improving. What was “top of the line” five years ago might now look outdated compared to what’s available today. Sometimes you can get more comprehensive cover for the same or even lower premiums—you just need to know where to look.
4. Peace of mind is priceless
At the end of the day, insurance is about security—for your family, your income, and your lifestyle. Having the right cover in place means you can get on with enjoying life, knowing you’re protected if the unexpected happens.
That’s where we come in
At NZ Advice Group, we offer free insurance reviews to make sure your cover is still the right fit for you. Our financial advisers take the time to understand your situation, your goals, and your budget. Whether you’re looking to save money on premiums or get the most comprehensive cover available, we’ll help find the right balance.
Think of it as a quick health check for your insurance. A small investment of your time could lead to big savings—or greater peace of mind that you’ve got the best cover for where you’re at in life.
✅ Ready to see if your insurance is working as hard as it should?
👉 Get in touch with NZ Advice Group today for your free insurance review.