According to announcements released by LifeCovered and Willi Olsen, the business is a trusted online resource for families all across New Zealand who seek to compare life insurance quotes. LifeCovered has based its business philosophy on helping people secure their families’ futures if untoward life events are covered under life insurance. Life insurance provides a policy holder’s family with financial resources if the policyholder dies prematurely or is diagnosed with a terminal illness with less than 12 months to live.
Life insurance companies that LifeCovered has partnered with have excellent credit ratings; this reflects on their ability to pay off claims on time. The policies provide 24/7 worldwide cover. The life insurance policies are enhanced from time to time, and at the time of honoring a claim, a policy is assessed to ensure maximum benefits to the claimant.
LifeCovered facilitates the selection of the best life insurance quote online for Kiwi families. Payout options include a tax-free one-off lump sum. Funds made available through a life insurance policy can help pay off the mortgage, school fees, house rent, funeral expenses, and contribute to the policy holder’s dependents’ general health and living expenses.
A rule of thumb to decide if a life insurance policy is required is to estimate living expenses that family members must meet in order to maintain the current standard of living. The term for which coverage may be necessary can be calculated from the time left before minors grow up and can begin earning or the time left for a spouse to retire.
For more information, go to https://www.lifecovered.nz/
Willi Olsen of LifeCovered said, “Life insurance can be a long-term purchase, and in the long run you want a company that meets its contractual obligations (i.e., pays claims). At LifeCovered, we work with the best companies in New Zealand. As a result, we exclusively recommend those with a financial strength rating of A- or higher (as rated by independent rating agencies such as A.M. Best). Why? In short, the companies we recommend have the strongest credit ratings, and they pay claims. As well as that, they also offer seamless conversion from the rate for age to level. During 2019, the best life insurance companies in NZ paid out more than $800M in claims combined.”
On the company’s efforts to ensure smooth claim settlement, Olsen said, “When it comes to claiming on a Life Insurance cover, we at LifeCovered do our best to ensure that the process runs as smoothly and efficiently as possible. We understand that claiming a Life Insurance cover, whether it be in the case of death, terminal illness diagnoses, or critical illness, can be a tough time. Our staff is trained to offer compassion and support while also doing their best to get your claim assessed and paid out as soon as possible, but we will need the family/estate claiming to provide the required documentation in order to assess the claim.”
About the Company:
LifeCovered is a life insurance expert and compares the best life insurance companies and policies in New Zealand with instant online life insurance quotes.
Company Name: LifeCovered
Contact Person: Willi Olsen
Address:10 Bryce Street
City: Hamilton 3204
Country: New Zealand