Starting a family ​or buying a home? Why now is the right time to consider Life and Living insurance

With the arrival of a child, your responsibilities grow, and so does the importance of protecting those who depend on you. This can spark many questions around what if something unexpected happens — such as a serious illness, or even death — which could heavily impact the financial stability of the family.

Whether you live in a double or single–income household, think about how your family would cope if you were no longer able to work. If tragedy were to strike, is there a plan for how your children will be taken care of? With Life and Living insurance, you’re providing a safety net for those you care about most. It can make a huge difference for your family’s financial stability in a time of need.

Are you buying a home?

Buying your first home can be quite a significant life event which impacts more than just you. Your home isn’t just a roof over your head — it can be one of your biggest financial commitments. Life and Living insurance can help ensure that if something happens to you, your loved ones won’t be burdened with the full weight of your mortgage and can focus on the things that matter.

Are you building a future?

Perhaps you’ve just gotten married, been promoted at work, or started your own business – these can be exciting steps towards your future goals. However, if you were to suddenly develop a long-term illness and are unable to work, your entitled 10 days of sick leave (as per New Zealand law) would quickly be exhausted. Would you still be able to get to where you wanted to be five years from now?

Your ability to earn is an important financial asset and nib Living insurance can help you protect that. Whether you live solo, or with others, you’ll have a better chance of maintaining your current lifestyle and keeping your future plans in motion.

Time to take action

If you’re at one of these key life moments, or have one around the corner, now is a good time to think about how Life and Living insurance from nib can help you protect what matters most. Life’s unpredictable, but that doesn’t mean you can’t be prepared. Our Life and Living insurance goes beyond simply covering funeral expenses, with options that are flexible to your needs and priorities.

If you’d like to learn more about nib’s Life and Living insurance options and how it could work for you, get in touch with us here or speak to your financial adviser today. This article provides general information only and should not be considered as financial advice.