My Southern Cross is our secure, online service that lets members manage their policy 24/7. Through this online service, if you are a southern cross policyholder, you can: make claims, request prior approval, receive all policy related communications and much more. Find out more about My Southern Cross and how to sign up here.
A prescribed investor rate (PIR) is the rate used to calculate how much tax you’ll pay on your portfolio investment entity (PIE) taxable income. Your Investment/KiwiSaver often has a PIE component and if your PIR rate is incorrect we need you to inform us. Depending on your circumstances, your PIR could be either 10.5%, 17.5% or 28% so knowing which rate is right for you is significant. Find out how to calculate your PIR here.
Sovereign and AIA Insurance are both now offering eligible policy holders Airpoints dollars for payments on your insurance premiums. Airpoints are Air New Zealand’s unique flight rewards programme that rewards its members with points that can be used on air travel, Koru memberships or even rental cars. Find out if you’re eligible and how we can help you sign up today. You’ll be jet-setting with Air New Zealand in no time.
There is good news for Sovereign and AIA trauma insurance policyholders - as of March 12th 2019 your trauma policies have been enhanced with a number of additional benefits and upgrades. These enhancements come free and automatically, and there will be no additional costs associated with them. Find out all the details about the new features here.
Spratt Financial Group was proud to be a part of the 2nd annual Golf Day to support Mount Albert Marist Primary School. The event was held on the 1st March at the beautiful Maungakiekie golf course. 60 players enjoyed the links to benefit Marist and a total of over $5,000 was raised for the school. The proceeds will be put to good use for playground and landscape renovations that are currently underway at the school.
Staying healthy and in good shape is its own reward, but it comes with additional benefits as well. When it comes to your insurance for instance, staying healthy can mean cheaper premiums, less exclusions and a much better financial situation throughout your life. To aid you reach your weight loss goals, the Spratt Financial team has compiled some info and resources that may be able to help.
We all make resolutions in the excitement of a New Year, full of vigour and determination. Unfortunately, they can often fade as the demands and responsibilities of another year wears on. This year though, we can help you make some financial resolutions which are achievable, sensible and give you the best chance of making a significant step towards a prosperous financial future.
How can I save money on my insurance? What does each type of cover provide for? What are the best options for me? What do various terms of insurance jargon/terminology mean? Which medical conditions are covered by trauma insurance? Find answers to these questions and many more here, as our adviser team answers the questions they most frequently hear from people about their insurance.
Statistics estimate that 15% of adult New Zealanders smoke, or a total amount of around 550,000 people. Smokers in New Zealand have it tough in so many ways, and it's about to get even tougher. Not only are smokers mired in an unhealthy and destructive habit, every year this habit takes more and more out of them financially (a pack of 20s now costs between $24-$30). The good news is, if you manage to quit, your savings on both the price of cigarettes and your insurance premiums can be massive.
Your KiwiSaver can be the most crucial financial tool at your disposal to ensure that your future and lifestyle is comfortable, prosperous and happy - however, many people don't know how to maximise their returns and get the most out of it. The head of Investment Services at Spratt Financial Jonathan Parsons presents his top tips to get the most success from your KiwiSaver; including how you could qualify to receive more than $1000 in free bonus money for your Kiwisaver from the Government.
In general, we take out insurance to cover ourselves from circumstances which may occur. This thinking is usually based on our current life circumstances at the time we take out the insurance: How much debt you have, how many family members depend on your income, how much money you are currently earning, the state of your mortgage and much more. Our mortgage reduces, we have children, we take on more debt or reduce it, our income fluctuates. Life changes. Does this mean that our insurance should change with it?
Perhaps surprisingly, insurance as a concept has been around as long as humankind in some form of fashion. Insurance at its core is about the distribution and management of risk and as thinking animals, man has been doing so for thousands of years. Whether it was hunting in a group to minimise risk of injury or splitting vital goods among different carriers on a dangerous trail through the wild, both things are at their essence about the distribution of risk. They are 'insurance' and they are designed to safeguard against financial loss.
In life we all have our roles to play and our hats to wear, so to speak. Some of us are fathers or mothers, responsible for the care and providing for the family. Some of us are business owners who have employees, debt and cash-flow to look after. The more responsibilities we have, the more important it is that you have the right type of insurance in place to ensure those responsibilities are provided for, no matter what may happen.
If you are the owner of an estate or you manage a business, have you ever thought about what would happen should a tragic and unforeseen deterioration of your health occurs? As insurance professionals, we have seen it happen all too often. In our experience, the number one piece of advice we could give to home or business owners is to put in place a plan using the right insurance to safeguard your lifestyle and your business future.
Insurance works best when it is used as the foundation for a plan that will protect a business, family or estate that is confronted by the disablement process. If you already have an insurance package (or you're looking for insurance) and you want to know whether your insurance will really be sufficient to provide for all of your financial needs, this article will show you the questions you should know the answers to.