Some uninsured drivers who had accidents in the 1990s are still paying back their debt and the value of uninsured claims is rising, according to a major insurer.
Growing KiwiSaver balances could spell trouble for New Zealanders who do not have a will.
It is estimated that more than half of all New Zealanders over the age of 18 have not yet drafted one.
Among 25- to 39-year-olds, the proportion is as high as two-thirds.
Homeowners and renters alike are voluntarily opting for higher excesses on home and contents insurance, but they may be striking a poor bargain.
Brokers play a pivotal role in helping clients prepare and respond to a crisis but need to develop their relationships with clients to have the biggest impact, an expert has said.
A little lapse of memory can cause a whole heap of heartache.
Lapse is industry jargon for an insurance policy being cancelled because the the premium hasn't been paid.
When a lapse happens by accident, it can cause financial heartache in a family already facing tragedy.