Insurance! Who has it and how much?

[Edbear]

Hot topic lately,especially health insurance with the public health system in the state it is.:wacko:

There have been a few threads on here about bike insurance and there are a few companies specialising in this area, some very good.:clap:

However most of us view insurance as a necessary evil, :angry2:and to be avoided where possible, so I'm curious as to what people believe to be "enough" insurance and what types of insurances everyone has.:hitcher:

[Oldfulla]

A couple of years back as a student I had nothing apart from a huge student loan and a crappy Honda civic, didn’t have much so no need for insurance then. However now as an owner/part owner of 1 house, 2 cars, 1 motorbike and 1 wife, I pay enough insurance to finance a small 3rd world country.

House, contents and wife are with Westpac, not a clue of hand how much I pay for this lot, but from memory its plenty

Cars and motorbike are with AA, each costing anywhere from $300 – 800 per year I think.

Yes it is a necessary evil, I have only ever had to claim once for my 1st ever bike which stolen, boy was I glad the salesman talked me into insurance that time.

[Pussy]

We have got all our policies with John Baker Insurance. From memory it is about 12-13 hundred a year for BOTH K6 GSX-R750s, which I reckon isn't too bad. All up about $3000.00 a year for house, contents, 2 cars and 2 bikes.
We wouldn't be without comprehensive insurance, and we're pretty happy with JBI

[The Pastor]

I have full insurance for a mc22 insured for 6k costing me $500/year 1k excess.

[Bullitt]

I have bike insurance and contents insurance. Ive always had car insurance until August when I stopped having a car to insure. No house = No house insurance. No dependents = no life insurance. Young enough to think im invincible = no health insurance;)

[Usarka]

I'll buy some insurance as soon as i can find an "independant" financial advisor.

Diary, the year is 2199 things aren't going quite as we planned.

[Edbear]

I'll buy some insurance as soon as i can find an "independant" financial advisor..



Ahem...:innocent:

But you're right, many "advisers" are tied to a particular company. For example our own life insurance was through a "broker" who turned out to be no more than an agent for Asteron. I'm not swithching, though, as Asteron are a good company and their rates for life insurance are good. Not always the case and we've seen some unfortunate circumstances. I'm switching my son, as he was stitched up by an agent with an isurance company that markets aggressively but the Insurance Ombudsman sees more disputes with this company than all other companies put together! Their rates aren't that cheap either!

One of the major insurance companies, and a reasonably good one, too, insists on a minimum of 85% of the adviser's business. Consequently we don't deal with them at the moment, though with the clout my boss has, (when insurance companies want to know stuff, they ask my boss), we can in a pinch if they're the best for that client's particular interests.

A big issue both with insurance brokers and financial advisers in the news is that of "independence". If a "broker" is dependent on commission, he's more likely to be interested in his income rather than your best interests and we've come across people who have been way oversold and also sold the wrong product which could cause a headache come claim-time.

Not all insurance companies are very good at everything and while one may be very good for Fire and General, they may not be for health and life, so being truly independent means being able to design packages that get you the best for each need from the best company for that need. This takes not just independence but influence with the companies, too.

With health insurance, there are something like 60 providers and about 180 policies, most of which are out of date and too expensive for what you get. There are very few which will pay the full bill and many are finding that they simly can't afford the balance out of their own pocket meaning they have to go on the public waiting list despite having the insurance. The difference can be tens of thousands of dollars! Health insurance doesn't need to cost as much as many are paying in order to get full cover and can be much less than you expect if you know where to look.

What's the odds? You insure your house - 200 to 1 it will burn down. Contents? - about 25 to 1 they will be stolen. Your car? -about 15 to 1 it'll be stolen or wrecked. Your health? 5 to 1 for a heart attack, 4 to 1 for a stroke, and 3 to 1 of getting some form of cancer.The number of people dying on waiting lists? Up 128% in the last five years despite the Govt. pouring billions more into health.

My company is a genuinely independent advisory service, salaried, not commissioned and our services are free to clients. While there are some independent brokers, Lighthouse is unique in NZ and we have available the best in their fields for all things financial. We specialise in reviewing and restructuring insurance and financial packages to give the best possible outcomes - you know you've got exactly what you actually need at the best price available and you're not spending a cent more than you have to. In other words, I don't have to sell you anything but if you want to know where the best place for anything listed in my sig is, or you want a review of what you have to make sure it's what you need and want, or just if you have any questions about anything, (like just who's behind Lighthouse and how do we operate? Or in what circumstances can I reduce my insurance outgoings by up to 80% while maintaining full cover?), it's free to ask!:sunny:

[Grahameeboy]

I have House, Contents, Van, Bike, Pai and Southern Cross Insurance....need to makes sure I am up and running asap for Nats...........would get bored of the wheelchair racing after a wee while...cause she would win

Lighthouse have a good reputation...........think I thought of applying for a job there once but I only have General Insurance experience........

[SimJen]

got 2 cars with AMI, house/contents, bike with Classic cover.
Also got life insurance of 1/2 mill so my wife and kids can live a decent existence without me (no mortgage and about 5 years where wifey doesn't have to work). Got life cover on her too, but not so much, so I will have to keep working unfortunately.
Given my bike riding is risky, I thought it prudent to get some kind of decent life cover just in case!

[Blackbird]

Fully comp insurance on all our vehicles, house and contents insurances. No life cover as we have investments and a good superannnuation scheme to take care of the future. I'm currently covered medically by a Southern Cross company scheme but when I semi-retire in April, I'll be just taking out surgical and specialist cover.

[bungbung]

I have house/contents/two bikes/two cars/health/life

[Edbear]

We have got all our policies with John Baker Insurance. From memory it is about 12-13 hundred a year for BOTH K6 GSX-R750s, which I reckon isn't too bad. All up about $3000.00 a year for house, contents, 2 cars and 2 bikes.
We wouldn't be without comprehensive insurance, and we're pretty happy with JBI



Did you go through Jetboy? He's a KB'r and got me a discount. Our F&G insurance is with State and we're very happy with them, but they don't do well with bikes, so Tim got us a good rate with Star. JBI, I believe is an agent for Star and not an independent brokerage. Had it not been for Tim, I'd have probably gone with Classic.

[Mikkel]

Everyone who isn't a complete asshole will have 3rd party insurance period.

As for myself and my partner - comprehensive cover on both car and bike, contents insurance and health insurance. And it's not *that* expensive...

[sunhuntin]

currently with star, costing some $500/year. have called them out twice, first time was i left the lights on. guy that showed up had NO tools, and his booster pack was flat. second time was mum locked her keys in the car. guy showed up, had all the equipment necessary.

recently did an online quote with kiwibike, and they gave me $300-odd/year. i will be going to see them next time im up in new plymouth.

[Edbear]

currently with star, costing some $500/year. have called them out twice, first time was i left the lights on. guy that showed up had NO tools, and his booster pack was flat. second time was mum locked her keys in the car. guy showed up, had all the equipment necessary.

recently did an online quote with kiwibike, and they gave me $300-odd/year. i will be going to see them next time im up in new plymouth.



Give Jetboy a call at John Baker, his name's Tim so ask for him personally. The normal Star quote I got was much higher than he got me and was on par with KiwiBike and Classic. All good companies for bike insurance!

[imdying]

Bike is with Vero, via the broker David Golightly, whom I'm sure many of you know or deal with. Told me a little fact that I wasn't aware of... as I already have insurance with them, any additional bike I buy is automatically covered for 30 days on the first policy. Will have to look up my policy to read the fine print, but that's a nice thing if you go and buy a bike on a whim on a weekend :yes:

[James Deuce]

The number of people dying on waiting lists? Up 128% in the last five years despite the Govt. pouring billions more into health.



They haven't poured billions into health care, they've poured billions into administering and benchmarking health services.

[Edbear]

They haven't poured billions into health care, they've poured billions into administering and benchmarking health services.



Shhhhh!!! You'll blow their credibility....:whistle:

[Swoop]

Shhhhh!!! You'll blow their credibility....:whistle:

The gubbinment have underspent by half a billion dollars on the health budget this year.
Guess where that went... Cullens "bribes for votes" fund...

[Edbear]

Everyone who isn't a complete asshole will have 3rd party insurance period.

As for myself and my partner - comprehensive cover on both car and bike, contents insurance and health insurance. And it's not *that* expensive...



Yeah, third party should be compulsory, but as with many laws, the law-abiding will comply, those who don't want to obey the law will continue to ride/drive with no rego/WOF, insurance or anything else to make the roads safer!

You're right, too, insurance doesn't have to be expensive, (if you know where to look), it's just that until recently, NZ was living in a dream-world where everyone assumed the state would take care of everything. It's a matter of priorities, really. If I were to ask, "What is your most valuable asset?", how many would answer, "My health?"

Last year, the Official Assignee said that 38% of bankruptcies were as a direct result of either having no health insurance or inadequate health insurance! I was very surprised, but it is simple - unless one can get the treatment one needs when one needs it, the time off work means people and businesses run out of time.

[Grumpy Gnomb]

Got my policy through Jet Boy and that also has 30 day extension on additional bikes but there is a dollar limit on it

[Edbear]

Having done a number of reviews for clients over the past 3 mths, we've found that many haven't got what they thought they had and many are paying too much.

Also, many people just don't know what's out there and how to access it.

As a free service, I'd like to offer a consultation, either at our offices in Albany or at a place convenient to you to review your own situation and/or to let you know what we do and how we do it. No cost, no obligation - remember I'm not a commission salesman but a salaried adviser - but what I'm finding out there is concerning.

Feel free to PM me or ph. 0800-544 484 and ask for Ed.

Our consultants are the best in the industry and whether it's insurance or finance or trusts, you'll get the best advice anywhere.

[discotex]

I have full car, full bike plus health. GP and hospital/specialist cover with Southern Cross.

Never had to make a claim on the vehicles so far but just recently claimed almost $3k worth of wisdom teeth on Southern Cross. I figure I'm up on that one and down on the car/bike so it kinda balances out.

[Disco Dan]

I have insurance. Huge excess. Im not actually covered if anything happens. why have I got it? well.. its a legality rather than a choice.

[jetboy]

Did you go through Jetboy? He's a KB'r and got me a discount. Our F&G insurance is with State and we're very happy with them, but they don't do well with bikes, so Tim got us a good rate with Star. JBI, I believe is an agent for Star and not an independent brokerage. Had it not been for Tim, I'd have probably gone with Classic.
Hey guys, I am an independant broker and I am in no way related to Star Insurance. It is my relationship with Star Insurance - and the volume of business I get from you guys on the site - that get me top notch premiums and policies for you :)

[skidMark]

insurance? what the heck is insurance?

:girlfight:

[Oscar]

Hey guys, I am an independant broker and I am in no way related to Star Insurance. It is my relationship with Star Insurance - and the volume of business I get from you guys on the site - that get me top notch premiums and policies for you :)

Ah, NoBike / Spamboy I see you're still schilling yer wares here - still no bike, eh?
Why don't you mention the Financial Rating of your preferred insurer?
Isn't that a regulation for advertisements?
And are you going to declare how much your "volume of business" with Star increases your brokerage?
Plus, if you really are an "independant broker" why do you only recommend one insurer?

[Edbear]

Hey guys, I am an independant broker and I am in no way related to Star Insurance. It is my relationship with Star Insurance - and the volume of business I get from you guys on the site - that get me top notch premiums and policies for you :)



Thanks for the update, Tim. And thanks again for the rate you got me, I tell everyone about you. What was the contact again for ROadside assist? I forgot about it and lost it!:sunny: (I blame the drugs!:shutup:)

[Tank]

I will never drive / ride anything without insurance. There are a lot of very expensive cars out there on NZ's highways and hitting the wrong one can cost tens of '000's - not worth the risk IMHO.

Tank

[Edbear]

insurance? what the heck is insurance?

:girlfight:


It's that protection and monetary compensation you try to get just after you need it but it's too late...:shit:

[Oscar]

Bike is with Vero, via the broker David Golightly, whom I'm sure many of you know or deal with. Told me a little fact that I wasn't aware of... as I already have insurance with them, any additional bike I buy is automatically covered for 30 days on the first policy. Will have to look up my policy to read the fine print, but that's a nice thing if you go and buy a bike on a whim on a weekend :yes:

If you make a habit of sending abusive and threatening messages via the rep system, it's pretty gutless to turn your PM's off, Dickwad.

[Edbear]

Ah, NoBike / Spamboy I see you're still schilling yer wares here - still no bike, eh?
Why don't you mention the Financial Rating of your preferred insurer?
Isn't that a regulation for advertisements?
And are you going to declare how much your "volume of business" with Star increases your brokerage?
Plus, if you really are an "independant broker" why do you only recommend one insurer?



Thanks for the red, Oscar. Did you get out of bed on the wrong side this morning? Or are you always an angry man? Have you been stitched-up by an insurance salesman or something and have a grudge against anyone involved with insurance?

What did Tim or I ever do to you? I am a genuinely independent adviser, I've never met Tim and only communicated with him online for my bike insurance, we're not related as far as I know, either, so I can only take him at his word.
He got me the deal I was looking for for my bike insurance and despite my company's rep and ability, I will have no hesitation on recommending Tim for bike cover if that's all someone is looking for.

This thread is one I started, and if you have an issue with it, you know where the door is...:sunny:

[homer]

ring swann insurance get a quote first
and they do house car bike
and free call outs for car bike
and the towage is about 100 $ not $50 like a lot of others

[Oscar]

Thanks for the red, Oscar. Did you get out of bed on the wrong side this morning? Or are you always an angry man? Have you been stitched-up by an insurance salesman or something and have a grudge against anyone involved with insurance?

What did Tim or I ever do to you? I am a genuinely independent adviser, I've never met Tim and only communicated with him online for my bike insurance, we're not related as far as I know, either, so I can only take him at his word.
He got me the deal I was looking for for my bike insurance and despite my company's rep and ability, I will have no hesitation on recommending Tim for bike cover if that's all someone is looking for.

This thread is one I started, and if you have an issue with it, you know where the door is...:sunny:

Angry, me?
Nah...

I just get sick of guys spamming sites like this.
I am an Insurance Broker myself, and whereas I am happy to answer questions if asked, I don't feel the need to flog my wares in the motorcycle area as there is a vendors forum here (perhaps you'd like directions?). Actually I don't sell much retail motorcycle insurance, although I do occasionally work for underwriters as a consultant on the subject.

One of my pet peeves, as you may have guessed, is people who represent themselves as brokers, but don't actually cover the market.

[Oscar]

Like my new avatar?

[Edbear]

Like my new avatar?



Oscar has always been the cute one!

I considered both whether to and where to post this thread, and since returning to the financial services arena after about 18 years, I was finding it a very interesting field! We specialise in personal and business risk insurance, but cover the areas in my sig. with people and companies who are top experts in their fields.

For example, out trust guy is none other than Jonathan Cron, Director of NZ Trustee Services and the only company authorised by IRD to do their auditing and provide specialist advice. He flies up from Chch each fortnight for Lighthouse, so that should also indicate the mana of my company... I can get my clients an interview with Jonathan free, so if anyone wants to know about setting up a family or commercial trust and wants it set up properly, who better to ask?

Our GM is an adviser to the insurance industry, apparently there are only about four people in the country who know what he knows - when insurance companies want to know stuff, they ask Kevin! He has enormous clout within the financial industry and has his own financial services company. I have seen him rescue seemingly hopeless situations that others have written off, simply due to his product knowledge and his influence with banks! Lighthouse were very keen to have him on board and it says something about the partners that he agreed to join!

Lighthouse is unique to NZ currently and as salaried advisers, our job is to review our clients situation and obtain the best outcomes for them. We combine the services as a package and are able to do things that many can't, or don't know about. We do at times find that a client has a very good broker for insurance who is doing well and getting good cover for their clients and in that instance we advise the client to stay where they are. We are advisers, not commissioned sales agents and as such we have more flexibility and credibility. We have, regretfully, also found clients who were obviously "advised" by agents and brokers more interested in their commission than the clients needs and have saved them anywhere from 25-45% on their costs.

We also find clients who have been sold the wrong products and would be at a loss in the event they needed to claim. Either not being able to claim at all, despite paying premiums, or that the payout would be much less than they would need, making their insurance a waste of money - not worth claiming on. Many are also simply paying far more than they need to for what they have.

Stand alone bike insurance, we refer to specialist bike insurers, as it's better to either do that, or as part of their entire insurance package. People like Tim, Classic and Kiwibike do good rates, hence me going to Tim rather than my own insurer. Star's quote was much dearer, and I was suitably impressed that Tim could get me a very competitive rate with Star, good enough that I didn't take the Classic quote.

It is true that some insurance companies want a broker's entire business or close to it, and Lighthouse turned one company down, which wanted 85% of our business for us to represent them. We said, "Sorry, we don't work that way" and they wouldn't deal with us. Upshot is, Lighthouse weren't too worried, as while the insurance company was one of the better and bigger ones, there are several above them and they are now willing to deal if we feel they are right for a particular client's needs.

We don't charge for our services, so anyone can meet with us and have us review their needs for free with no obligation.

[imdying]

Like my new avatar?Hmmm, I recognise that smile!! That's the same one your wife has when I fuck her in the arse! :2thumbsup

[Swoop]

If you make a habit of sending abusive and threatening messages via the rep system, it's pretty gutless to turn your PM's off, Dickwad.
He is good at this. Will red rep you for absolutely nothing then get's pissy when you send one back.
Put the tosser on ignore and this site gets sooo much better!

[Oscar]

He is good at this. Will red rep you for absolutely nothing then get's pissy when you send one back.
Put the tosser on ignore and this site gets sooo much better!

You're right!
Good werk, young man.
And it makes all his adolescent red rep comments disappear.
Perhaps one day when he's finished puberty, he'll be worth arguing with.

[Oscar]

Oscar has always been the cute one!

I considered both whether to and where to post this thread, and since returning to the financial services arena after about 18 years, I was finding it a very interesting field! We specialise in personal and business risk insurance, but cover the areas in my sig. with people and companies who are top experts in their fields.

For example, out trust guy is none other than Jonathan Cron, Director of NZ Trustee Services and the only company authorised by IRD to do their auditing and provide specialist advice. He flies up from Chch each fortnight for Lighthouse, so that should also indicate the mana of my company... I can get my clients an interview with Jonathan free, so if anyone wants to know about setting up a family or commercial trust and wants it set up properly, who better to ask?

Our GM is an adviser to the insurance industry, apparently there are only about four people in the country who know what he knows - when insurance companies want to know stuff, they ask Kevin! He has enormous clout within the financial industry and has his own financial services company. I have seen him rescue seemingly hopeless situations that others have written off, simply due to his product knowledge and his influence with banks! Lighthouse were very keen to have him on board and it says something about the partners that he agreed to join!

Lighthouse is unique to NZ currently and as salaried advisers, our job is to review our clients situation and obtain the best outcomes for them. We combine the services as a package and are able to do things that many can't, or don't know about. We do at times find that a client has a very good broker for insurance who is doing well and getting good cover for their clients and in that instance we advise the client to stay where they are. We are advisers, not commissioned sales agents and as such we have more flexibility and credibility. We have, regretfully, also found clients who were obviously "advised" by agents and brokers more interested in their commission than the clients needs and have saved them anywhere from 25-45% on their costs.

We also find clients who have been sold the wrong products and would be at a loss in the event they needed to claim. Either not being able to claim at all, despite paying premiums, or that the payout would be much less than they would need, making their insurance a waste of money - not worth claiming on. Many are also simply paying far more than they need to for what they have.

Stand alone bike insurance, we refer to specialist bike insurers, as it's better to either do that, or as part of their entire insurance package. People like Tim, Classic and Kiwibike do good rates, hence me going to Tim rather than my own insurer. Star's quote was much dearer, and I was suitably impressed that Tim could get me a very competitive rate with Star, good enough that I didn't take the Classic quote.

It is true that some insurance companies want a broker's entire business or close to it, and Lighthouse turned one company down, which wanted 85% of our business for us to represent them. We said, "Sorry, we don't work that way" and they wouldn't deal with us. Upshot is, Lighthouse weren't too worried, as while the insurance company was one of the better and bigger ones, there are several above them and they are now willing to deal if we feel they are right for a particular client's needs.

We don't charge for our services, so anyone can meet with us and have us review their needs for free with no obligation.

Jeez, you gotta get points for trying I'll give you that.
Perhaps a translation of all that waffle is in order.
Summat like; "I'm a Life Insurance Agent and I want your business"?

[jetboy]

Ah, NoBike / Spamboy I see you're still schilling yer wares here - still no bike, eh?
Why don't you mention the Financial Rating of your preferred insurer?
Isn't that a regulation for advertisements?
And are you going to declare how much your "volume of business" with Star increases your brokerage?
Plus, if you really are an "independant broker" why do you only recommend one insurer?
I have owned several off roaders in my past and due to my current position I am unable to purchase my bike of choice, although I have one lined up. None of your business really but for the purposes of this forum: I am a motorcycle fan which is why I frequent the site.

As a broker it is in my best interests to protect the client from any un-nessecary risk which is why I only deal with underwriters who have a financial rating of A or higher.

My brokerage is none of your business.

I am an independant broker. I deal with many insurers for many different policies I can arrange. But if there is one insurer who stands out from the rest for a particular policy, an insurer who I can do great deals for my fellow KiwiBikers with, an insurer who settles claims efficiently and fairly, an insurer with a good policy wording, and an insurer I trust (hard to find) - what reason do I have to go elsewhere? I'm sure the KB'ers I have helped out with insurance will not complain with what I have done.

Stop your whinging Oscar it's getting old.

[jetboy]

Thanks for the update, Tim. And thanks again for the rate you got me, I tell everyone about you. What was the contact again for ROadside assist? I forgot about it and lost it! (I blame the drugs!)

G'day mate, no sweat :) A pleasure to be of assistance.

PM me as to which number you are after: the one you call to sign up or the one to call if you are stuck in the middle of nowhere with a broken bike...

[jetboy]

Angry, me?
Nah...

I just get sick of guys spamming sites like this.
I am an Insurance Broker myself, and whereas I am happy to answer questions if asked, I don't feel the need to flog my wares in the motorcycle area as there is a vendors forum here (perhaps you'd like directions?). Actually I don't sell much retail motorcycle insurance, although I do occasionally work for underwriters as a consultant on the subject.

One of my pet peeves, as you may have guessed, is people who represent themselves as brokers, but don't actually cover the market.
If you are referring to me please refrain from making false statements.

[jetboy]

Like my new avatar?
Some people are leaders, others are followers...like sheep. You like sheep mate?

[Oscar]

I have owned several off roaders in my past and due to my current position I am unable to purchase my bike of choice, although I have one lined up. None of your business really but for the purposes of this forum: I am a motorcycle fan which is why I frequent the site.

As a broker it is in my best interests to protect the client from any un-nessecary risk which is why I only deal with underwriters who have a financial rating of A or higher.

My brokerage is none of your business.

I am an independant broker. I deal with many insurers for many different policies I can arrange.

Before we go any further, the word is independent, you moron.

Secondly, you may wish to check your facts:


Star Insurance has the WIDEST Insurance policy available in
New Zealand and is underwritten by:

Lumley General Insurance (N.Z.) Limited - Standard & Poors Rating A-


Please don't get me wrong, I have no problem with you carrying on business here. I just think you could be more accurate in your statements and also carry on that business in the designated area:

http://www.kiwibiker.co.nz/forums/forumdisplay.php?f=18

[Oscar]

If you are referring to me please refrain from making false statements.

How did it apply to you and which bit was false?

[Oscar]

Some people are leaders, others are followers...like sheep. You like sheep mate?

Not particularly, so I guess that leaves more for you...
As for followers, you seem to follow my lead on every insurance thread - you are so easy to wind up it's getting old...

[jetboy]

Before we go any further, the word is independent, you moron.

Secondly, you may wish to check your facts:



Please don't get me wrong, I have no problem with you carrying on business here. I just think you could be more accurate in your statements and also carry on that business in the designated area:

http://www.kiwibiker.co.nz/forums/forumdisplay.php?f=18
Ok, correction. I am an INDEPENDANT BROKER, meaning I am not connected to an insurance company.

And my facts were correct - Lumley has an A rating (albeit A-). For readers who wish to know what these ratings mean, please click here. (http://www2.standardandpoors.com/spf/pdf/fixedincome/IFSDefinitions.pdf) This link will take you to a PDF document.

And I am simply defending the accusations you started against me, in this thread, started by another member.

[Oscar]

Ok, correction. I am an INDEPENDANT BROKER, meaning I am not connected to an insurance company.

And my facts were correct - Lumley has an A rating (albeit A-). For readers who wish to know what these ratings mean, please click here. (http://www2.standardandpoors.com/spf/pdf/fixedincome/IFSDefinitions.pdf) This link will take you to a PDF document.

And I am simply defending the accusations you started against me, in this thread, started by another member.

Call me picky, but I don't think A- qualifies as "A or above".

Notwithstanding that, I have the highest respect for both Lumley Insurance and the Star Underwriting Agency.

As for "accusations", I don't recall making any, I merely asked some questions and suggested that you fuck off to the appropriate forum. You're being fairly precious for someone with a defamatory statement next to his avatar...

[Edbear]

Jeez, you gotta get points for trying I'll give you that.
Perhaps a translation of all that waffle is in order.
Summat like; "I'm a Life Insurance Agent and I want your business"?



Hey! Nobody's more trying than me... just ask the Missus!:msn-wink:

While we can and do act as brokers, I hope I explained the difference with Lighthouse. I deliberately avoided taking on a job as an insurance agent per se, as I didn't want to be commission-driven. What impressed me about this company was that our interest is in doing what is best for the client - we are under a very strict code of ethics, hence the salary, and the fact that we have a national partnership in all the areas in my sig means a complete financial service. Our mortgage guy has over 30 years in banking and finance and was managing a major bank. He has access to all the major banks and lenders and specialises in financial reconstructions. By combining our services we can reduce dramatically a clients costs. Especially if they are buying a house or business.

It's about combining known and established services in unique ways to help people to protect and enhance their assets and lives without paying any more than they absolutely have to. An example is our company group health scheme - unique to Lighthouse and gives a 10% higher than corporate discount rate for staff and about 10% of the usual cost to the company offering it. Uses normal, established insurance companies and policies! No-one else offers this.

I don't know you personally and you may be a genuine and ethical broker who does care for his client's interests. We're just bigger and more diverse.

[Oscar]

Hey! Nobody's more trying than me... just ask the Missus!:msn-wink:



I don't know you personally and you may be a genuine and ethical broker who does care for his client's interests. We're just bigger and more diverse.


You're bigger and more diverse?
The Company I work for owns three insurers, two broking companies and various underwriting agencies. Summat like three thousand staff. You most be pretty big...

[Edbear]

You're bigger and more diverse?
The Company I work for owns three insurers, two broking companies and various underwriting agencies. Summat like three thousand staff. You most be pretty big...


Hard to say if mine's bigger than yours, I suspect I could guess who you're with, but we are trans Tasman and with solid companies as a group. You don't usually find major insurance companies being "owned" several to a company.

[Oscar]

Hard to say if mine's bigger than yours, I suspect I could guess who you're with, but we are trans Tasman and with solid companies as a group. You don't usually find major insurance companies being "owned" several to a company.

You do when it's the second biggest corporate entity in Australasia.
Think Coles Meyer...

[imdying]

Pfffft.... noobs :jerry: