As you will have heard in the news since February, the Earthquake Commission Act 1993 was amended with changes coming into force 1 July 2019. The changes are intended to broaden how Earthquake Commissions can apply the Act by providing homeowners more time to lodge a claim and increasing the cap limit on each claim.
Jewellery can be worth much more than its monetary value. It’s often special, meaningful, and irreplaceable. And unfortunately, sometimes it gets lost or stolen.
We understand the impact this can have on our customers. But we’re not just here to make emotional assurances. We’re here to do what we do best: helping you recover as much of the financial value as possible if the worst happens.
You dont need to look far to spot the difference.
A recent report showed that claims from the Non Advised (Direct) life insurance policies were 71% more likely to be denied. On the flip side “Advised retail life insurance was typically thoroughly underwritten at application time and was actively managed by an Adviser at claim time” leading to it making up 70% of all claims.