Back to Blog

The 'Insurance Companies Don't Pay' Myth

There is a widely discussed myth that ‘Insurance companies don’t pay’. Whilst everyone seems to have a neighbour, aunty, or acquaintance who supposedly missed out on a claim, this simply is not true - insurance companies DO pay, when you fully disclose your situation from the start.  The reality is that full disclosure is the key. If you fail to disclose a family history of medical issues, a previous illness or your smoking status, the insurance company will not cover you if...

May 29, 2018

What is Underwriting?

Insurance can often include a range of technical terms and jargon that can be confusing. That’s where we come in - we’re here to talk you through the insurance process, and answer any questions along the way.  We are often asked, what is underwriting? Underwriting is a term used to describe the process of evaluating risk, ensuring that the cost of the cover is proportionate to the risks faced by the person. Insurance companies need to understand the risk in order to ...

April 20, 2018

Does your medical provider cover Non-Pharmac funded drugs?

Here's an interesting article from Sovereign's latest Hotline 1081 on 19.09.16. It highlights the importance of having the right medical cover in place. Contact us to find out if your medical policy provides cover for non-Pharmac funded drugs should you ever need them. Want to know what impact Pharmac's funding decisions have on the value customers get from their health insurance? Pharmac has recently started funding drugs for the treatment of advanced melanoma, Opdivo from 1 July 2016 and ...

September 20, 2016

5 Mistakes People Make When Buying Insurance

Life insurance is not a simple purchase but there are many options which claim to make it easy and stress free. However, are they the best options and are consumers making the right choices? The 5 most common mistakes are: Mistake 1.Buying insurance online without good professional advice Generally, when you buy insurance over the phone from an online or tele-provider, the assessment process is seen to be simpler! In fact, the insurer really is appealing to your request for brevity and simp...

August 29, 2016

Get YOUR Personal Warrant of Fitness

Dr Paul Stephens, of Cambridge Medical Centre, has some wise words for all of us to consider - perhaps even more so for men who have no hesitation in get their vehicles warranted, but often forget about themselves. June is Men's Health Month and NOW would be a good time to make an appointment with your GP for YOUR own warrant of fitness. Men and women should have a general health check from the age of 40 years. If your doctor hasn't organised this for you then please ask your GP to arrange this...

May 20, 2016

Will your Medical Insurance cover ALL your surgery costs??

Here's an interesting article from Stuff.co.nz about the shortfall in surgery costs with Southern Cross policy holders. It shows how important it is to have a medical insurance with a provider that pays 100% of the costs (less your excess if you have one). It is also so important to get prior approval from your insurer to make sure you know if there is any shortfall BEFORE you have your surgery. Read the full article here and don't forget that as part of our service to our clients, we deal with ...

April 21, 2016

Surgery Waiting Lists - why you don't want to rely on the Public Health System

We recently received a very interesting link to an article in News Hub regarding the long waiting lists New Zealanders are experiencing if they require surgery in public hospitals. This really does prove that having medical insurance gives you access to Specialists and private hospitals when you need it - not when you can be fitted in. Here are some stats - or read the article for the full report. 110,000 Kiwis on official waiting lists About 174,000 Kiwis need elective surgery but are not on a ...

April 21, 2016

Cambridge Autumn Festival Short Story Competition 2016

Once again we were delighted to sponsor the Cambridge Autumn Festival Short Story competition. Every year the entries grow in number as more and more talented people send in their short stories based around a common theme. This year the theme was "Convincing Lie" and the Judges were very impressed with the entries. The winners were: 1st Place: Ria Masae 2nd Place: Amy Martin 3rd Place: Melanie Dixon If you'd like to read the stories, click on the link to the Autumn Festival website here. ...

April 21, 2016

The Cost of Procrastination

I had a call from a prospective client on our first day back at work this year. He asked if it was still possible to put the cover in place that we had first discussed nearly two years before as he needed to make sure that his family were financially taken care of as he had just been diagnosed with an aggressive form of cancer and was unlikely to survive twelve months. It is really hard to have to say no; it is too late. You question yourself as to why we had not pushed a little harder followin...

February 23, 2016

Financial Stress and Risk Mitigation

FINANCIAL STRESS AND RISK MITIGATION A lot has been said and written on this topic. Bankers, DNZ representatives, fertilizer representatives and all associated with the dairy farming industry have been briefed on this matter. Some of the key issues that I see to reduce stress are as follows : The Banks budget should not be your budget! They are bulk money lenders and if there is heaps of security they may well lend when it is obvious your debt is too high to effectively service the debt. Do ...

November 20, 2015

Business Succession

Most business owners in New Zealand have plans in place as to how they will exit the business upon retirement or when it is time to sell and move on to something new. Unfortunately the same cannot be said for owners faced with a situation bought about by the sudden death or disability of a shareholder or shareholders. Unplanned succession is all too common and can leave surviving shareholders and families in a very vulnerable position. A recent article in the Sunday Star Times business news is ...

November 6, 2015

Why do I need a will?

By Jocelyn Cooney (Principal) Cooney Law Having a Will ensures that things that matter to you will be taken care of if you die. A Will sets out your wishes so that your assets go to the people to whom you wish them to go. What happens if I die without a Will? The Administration Act sets out how your assets will be distributed if you do not leave a Will. This could be very different to what you actually want. If you die leaving a partner (marriage or civil union) but no parents or children,...

August 18, 2015

Waipa Business Awards 2015

Congratulations to Jono and Paula McCullough of Rob May Builders for taking out the Excellence in Business – Large Business Award and the coveted Supreme Winner 2015 at the recent Waipa Business Awards. We are proud to be associated with this award winning business and delighted to be able to share this exciting moment with Jono and Paula at the gala awards dinner. www.robmay.builders...

August 4, 2015

An Interesting Article on Terminal Illness claims

Terminal Illness benefit is attached to most life insurance contracts and it provides an early payment of the life cover if the life assured has a serious illness and is unlikely to survive for 12 months. This can be a real blessing for people who want to make sure all their affairs are sorted before they die. Read this interesting article from Stuff about the pros and cons of this benefit. Read More...

June 16, 2015

From a Cold to Cancer in Two Weeks

Read this interesting story about how one man had to deal with having a simple cold to a cancer diagnosis in the space of two weeks. Read more...

June 8, 2015

Don't wait until it's too late

By Nicky Revell I had a coffee with my long-time friend on Friday. I expected the usual chirpy catch up but that was far from what transpired. I could instantly see something was wrong and she told me her younger sister had just been diagnosed with Invasive Melanoma. She is in her early 30's with a husband, an 18-month-old daughter and plans underway for baby number two. I was stunned. Things like that don't happen to people like her! But sadly, all too often they do. I was further saddene...

June 8, 2015

Moving May Save Your Life

By Alison Storey Make no mistake, obesity is still on the rise.The World Health Organisation estimates that close to 700 million people around the world are now obese and that the massive increase in health costs, to individuals and communities, that is arguably unnecessary and avoidable is becoming unsustainable. Mounting evidence is calling Alzheimer's Diabetes type 3, as the same lack of activity, unhealthy eating and lifestyle habits appear to 'switch on' the genes associated with memory...

May 12, 2015

Tony Chapelle - Winner of the 2015 Short Story Competition

Cooney Insurance and The Cambridge Autumn Festival are delighted to announce the winners of the Short Story Competition for 2015. First place went to Tony Chapelle from Palmerston North, second place went to Robyn Anderson from Christchurch and third place went to Judy Tindill from Auckland. Their stories will be featured in the Cambridge Edition over the next few weeks or you can read them on the Cambridge Autumn Festival website here. Well done to the winners and to all the talented people who...

March 26, 2015

Cambridge Autumn Festival 2015- Cooney Insurance Short Story Competition winner announced!

...

March 26, 2015

Martin Crowe speaks out on the importance of insurance

One of our sporting heroes speaks out about living with cancer and the importance of insurance. Read more...

March 17, 2015

Kids need cover too!

It seems that every time we pick up a magazine there is a heart breaking article about a child fighting a serious and often life threatening illness.Whenever I read something like this, I immediately wonder what I would do if that was my child going through that and it is often too horrendous to contemplate and leaves me mopping up my tears! There are so many additional stresses added to a situation like that.The majority of cases are treated in Starship Hospital, which entails one or both pare...

March 13, 2015

What a wonderful time for sport!

Wonderful Black Caps victory over Australia at the weekend albeit a little nerve racking, bring on the final! Lydia Ko, Chiefs and Magic all winners. Cambridge hosted the REV Cycle Race in the weekend and over the next couple of weekends we host the North Island Secondary Schools Rowing Champs and Mardi Cup Secondary Schools Rowing. V8 Super Cars got underway in Adelaide and the F1 season starts next weekend in Melbourne....

March 3, 2015

Caring for your Eyes this Summer

Long-term exposure to sunlight without protection can lead to yellow growths called pinguecula and pterygia develop on the front of our eyes. As well as being unsightly, these 'defence mechanisms' the body has developed against the elements can cause red, gritty, irritable and sometimes painful eyes. In some cases, these growths can grow onto the clear cornea, threatening vision and needing surgical removal. Scientific studies and research have shown that exposure to small amounts of UV radiat...

February 20, 2015 Posts 1-23 of 23 | Page