What do you consider your biggest asset, and is it covered?

Featuring Tim Ewan, Risk Insurance Manager at Stewart Group, we discuss the significance of income protection insurance for New Zealanders, the limitations of ACC, and the roles of different types of personal insurance.

Tim explains why income protection is vital, how trauma and TPD cover work, the impact of non-accidental conditions, and practical steps for choosing the right cover.

Tune in now and ensure you are covered where it matters most.

Important Time Stamps

(00:02:03) Why income protection insurance is important for everyday New Zealanders.

(00:03:23) ACC coverage explained, and its limitations compared to private income protection.

(00:04:37) Overview of personal insurance types: life, trauma, TPD, and income protection.

(00:08:12) The impact of insurance events and why planning ahead matters.

(00:09:10) How insurance payouts can relieve stress and aid recovery.

(00:10:05) ACC statistics: non-accidental conditions, workdays lost and how income protection fills gaps not covered by ACC.

(00:12:35) First steps for people considering insurance: importance of good advice, regular insurance reviews and claiming when eligible.

(00:16:00) Final thoughts: protecting your income and choosing the right cover.

The Adviser Talk is available on all popular streaming platforms, including Spotify and Apple Podcasts.

• Tim Ewen is a Risk Insurance Manager at Stewart Group, a Hawke's Bay and Wellington-based CEFEX-certified financial planning and advisory firm. Stewart Group provides personal fiduciary services, Wealth Management, Risk Insurance & KiwiSaver solutions.

• The information provided, or any opinions expressed in this show, are of a general nature only and should not be construed or relied on as a recommendation to invest in a financial product or class of financial products. You should seek financial advice specific to your circumstances from an Authorised Financial Adviser before making any financial decisions. A disclosure statement can be obtained free of charge by calling 0800 878 961 or visiting our website, www.stewartgroup.co.nz

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