Retirement PlanningHome loanLife InsuranceInsuranceHealth InsuranceRetirement SavingsBudgetingIncome ProtectionInvestmentsKiwiSaverAIAManaged FundsPaul HarveyTrauma InsuranceMortgageSavingsAccidental InjuryCovid-19GoalsMortgage AdviceMortgage ProtectionRetirementSaving adviceChristmasGoal SettingInsurance reviewInterest RatesLevel PremiumsPlanningSavingWellbeingWellnessACCAIA VitalityAsteronBroken boneClaimsFinancial PlanningFinancial SupportInflationInsurance AdviserMortgage AdviserOCRPartners LifePasswordsPrivate Health InsurancePropertyProtectionScamsSelf EmployedShoppingSpecial EventsTax100 years old2018ActiveAdam ThompsonAdviceBreetheBright LineBudgetsBurglarBusinessBusiness InsuranceCalmCancerCapital GainCapital GainsChildrens futureChubbCold callContents InsuranceCoronavirusCredit cardsCrimeCyber CrimeDataDeathDebtDebt Free FasterDiscountsEconomic UpdateFidelity LifeFinancial AdviceFitness ChallengeFriends and FamilyGeneral InsuranceGovernmentGrow WealthHeadspaceHealthHealth ChallengeHelpful TipsHome and Contents InsuranceHome PurchaseHouse PricesHousingIllnessInsurance claimsInterestInvestorKey Person InsuranceLifeMedical CoverMedical InsuranceMedicationMelonMental HealthMental Health AwarenessMentemiaMoon BootMortgage HolidayNew Business InsuranceNIBNon-Pharmac DrugsOfficial Cash RateOnline SecurityPaying off debtPayoutPHARMACPhone AppsPIEPonzi schemesPremiumsProperty InsurancePublic Health SystemRBNZRedundancyReturnsReviewing CoverRewardsScamSMARTSouthern CrossSpecial Event IncreaseSpecific InjuryStatisticsSuccession planningSudeshSummer SafetySupperannuationSupportTax optionsThiefTotal Permanent DisabilityTPDVitality
TAGS

Have you had any changes in your life recently?

Reporting life changes

The Greek philosopher, Heraclitus, said that the only thing that is constant is change. And we can’t argue with that.

Sometimes we plan changes, while other times they occur unexpectedly. Major life changes include:

  • getting married
  • having a baby
  • adoption
  • gaining/losing a dependent
  • divorce
  • loss of a spouse through death or divorce
  • remarriage
  • becoming a step-parent

Be it a happy or sad occasion, one thing these changes have in common is that they all require some level of administration.

When you are caught up in the excitement of welcoming your baby, paperwork is probably the last thing on your mind. Every birth in New Zealand is required by law to be registered. For all the information on registering a new baby and getting a birth certificate, read the information on the New Zealand Government website.

After the death of a loved one, there is a lot of practical matters to deal with amid your grief. It’s probably not something you feel like tackling, yet some things need to be taken care of right away, while other matters can wait until later. This post on $orted, Losing a partner – Taking care of the financial issues, provides a comprehensive overview of what needs to be done when.

Separating or getting divorced is another situation that drastically impacts your life. Many emotions come into play and, when it comes to sorting out the practicalities, you need to set those emotions aside and let your head rule, not your heart. The New Zealand Government website has a section on separating or getting divorced, covering subjects from relationship counselling to separation orders and child custody/support

Remarriage might follow divorce and blended families are becoming increasingly common. Here too, you need to consider issues that may require administrative and legal changes. How do you plan to approach matters such as wills, guardianship or adoption, and other formalities?

Updating insurance due a life event change is something people often overlook. Yet these changes need to be reported so that the relevant organisations can be updated. Many of these life events will also necessitate a change to your insurance policies. This applies across the board from health to home insurance, and everything in between.

How we can help

If your life circumstances will change shortly, or have changed recently, then call us (0800-230-235) or send an email (admin@nzadvicegroup.co.nz) to set up time to review and update your insurance needs.