Life Investment Corporation NZ LTD.

Showing Tag: "insurance" (Show all posts)

Debt Consolidation

Posted by Saul Mohan on Sunday, September 25, 2016, In : Case Studies 

Case study

Applicant
 
Auckland couple, aged 25 and 29 years old, with two children aged 3 and 1. They were looking to improve their financial position to help them on the path to home ownership. Their combined income was approximately $83k, a Net Servicing Ratio of 85% and a strong credit profile. They also had a 2013 vehicle to offer as security.

Application
They applied to consolidate two personal loans at above 15.9%p.a. and a maxed out credit card at 23.9%p.a.

Result
Our team uncovered...


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How your low credit score can hit your future borrowing.

Posted by Saul Mohan on Saturday, January 16, 2016, In : Home Loan 
Skipping a bill or a credit card payment does not usually seem like a big deal.
Once the rent has been paid and next week's salary is in, catching up is not often a problem.
But, starting next Sunday, missed and late payments will have the potential to affect people's credit ratings.
Banks, finance companies, telcos, electricity, gas and insurance companies will be able to collect and swap information showing how much credit someone has and how they are getting on with repayments.
A few hiccups s...
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How Much Life Insurance Do I Need?

Posted by Saul Mohan on Thursday, November 3, 2011, In : Personal Insurance. 

How much life insurance you need are depends on Basic Factors like:

  1. Time Left until Retirement – Many peoples’ biggest asset is their ability to work and earn income.  Since most breadwinners purchase life insurance to replace that lost income in an unexpected death, you should consider how long you need to or plan to work.  If you only plan working another 10 years, you may not need more than 10 years of life insurance coverage, and so on.
  2. Spouse’s Income Potential - If your spouse does ...

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TOWER health premium changes

Posted by Saul Mohan on Tuesday, September 13, 2011, In : Health Insurance 

What drives premiums up?
Private health insurance continues to make a significant contribution to healthcare in New Zealand. In their report for June 2011 quarter, the Health Funds Association (HFANZ) reported that 31% of New Zealanders – 1.367 million people – still have health insurance.

And it still seems to be the case that while the Government is making an ongoing commitment to support the healthcare system, public demand continues to increase. And why shouldn't that be the case? Pe...


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How Does Health Insurance work.

Posted by Saul Mohan on Sunday, September 11, 2011, In : Health Insurance 

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In New Zealand, prostate cancer is the most common cancer in men

Posted by Saul Mohan on Monday, September 5, 2011, In : Case Studies 

In New Zealand, prostate cancer is the most common cancer in men. About 2,500 new cases of prostate cancer are diagnosed each year. Men who develop prostate cancer are mostly over the age of 65. About one in 13 men will develop prostate cancer before the age of 75*.

 

Peter has a long history of raised PSA on routine prostate cancer screening since 2005. His condition has been closely monitored with a negative prostate biopsy in 2005 until he was diagnosed with a lesser form of Prosta...


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About Me


Saul Mohan Life Investment Corporation NZ Ltd was incorporated in 2007 By Saul Mohan with the objective of acting as Insurance Broker in New Zealand and Providing Financial services. Saul Mohan has 20 years of Experience in Finance and Banking Industry and has been into New Zealand Insurance Industry Since 2002.