Bolster Risk Management

In a recession, nearly everyone is worried about money. We know that 23% of kiwi’s worry about money daily. In fact, 62% worry about money at least monthly or less. That is in normal times.

Now is the time to sort your money and insurance.

For more go to

www.bolsterriskmanagement.com

or,

leave a comment on Facebook, LinkedIn & Twitter

One of the major religions banned its use due to the power it welds. Einstein said something along the lines of compound interest is having more relevance on HUMAN KIND than his theory of relativity.

Use The Force wisely...

www.bolsterriskmanagement.com

I love monopoly. I think it is a great game and tool to demonstrate some basics concepts about money and purchasing and trading. However, it is a bit of a set-up - don't you think?

You start with $1500. The value of the most expensive property is $400. That means that you are starting with a slush fund of 3.75 times the amount of the most expensive property.

bolsterriskmanagement.com

A New Zealand company, helping financial literacy one bit at a time.

A friend on mine recently asked me “How do I get insurance with my pre-existing conditions - the insurance companies will run a mile when they look at my situation…?”

www.bolsterriskmanagement.com

A New Zealand Company helping financial literacy one bit at a time

It's not just me saying it, there is research to back up what I am saying...the Financial Services Council with their latest report. It is all about New Zealanders, and our thoughts and attitudes towards money, insurance and investing.

If you are Generation X Y or Z, therefore anyone who is under 53 years of age, have a listen. This is all about you.

Massive under-insurance issue in NZ:

- 1/3 have life insurance

- Just 1/5 have critical illness (trauma)

- Just 15% have income protection

www.bolsterriskmanagement.com

A New Zealand Company

Health insurance - keep it simple - cover the big stuff. Don't start dollar-swapping.

There seems to be a lot of confusion out there around health insurance – not so much around providers, or even product. More around, with NZ’s world-class FREE public health system, do you really need health insurance at all? If so, how do you get the best of both worlds – making the most of public and covering off private healthcare?

www.bolsterriskmanagement.com

A New Zealand Company

Another question from a listener - "Can I keep my cover if I plan to live& work overseas?

There are a few things to unpack from this question, to make sure that we answer it correctly.

www.bolsterriskmanagement.com

A New Zealand Company

One of our listeners ask this question "Can I still get insurance if I am planning on getting pregnant?"

Great question, and before I answer that, please feel free to ask your own questions, if there is some that you want to hear about.

www.bolsterriskmanagement.com

A New Zealand Company

Adding CPI is a good idea because we know that the value of money goes down over time. Think about how much a Big Mac (a beer, a pack of smokes, a loaf of bread…) cost you 10 years ago, versus today?

Part of the thinking for the insurance providers is to make sure that your sum insured keeps pace in  ‘real terms’, that the ‘true’ value of your policy remains same over time.

However it trap for some people  who don’t realise that their cost inflation (how fast the cost goes up)      will be so high.

There is a way to mitigate this. 

www.bolsterriskmanagement.com

A New Zealand company

So you might have heard me talk before about the insurance stack and the budget pizza so I'm just going to go back through it again.

This is a good way to help people to visualise how they might determine which type of product is more relevant to them at this time, according to their budget.

Check out more at 

www.bolsterriskmanagement.com