People are being urged to check their insurance options, as premiums continue to rise
People are being urged to check their insurance options, as premiums continue to rise
9 August 2022
Supply chain issues and a greater frequency in extreme weather events are pushing up insurer expenses.
Financial Advice New Zealand Chief Executive Katrina Shanks says these costs are likely to be passed on to consumers.
She says it's vital people have the right insurance policy for their circumstances.
But she says the most important thing is claim time -- having confidence the insurance company can pay out when people make a claim.
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