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Group Cover

Group cover is when you have a group of approx 9 or more people (the minimum number required varies between different insurance companies).

Usually in a business but not necessarily. Usually requires all to take out a policy or perhaps all of a given occupation class, say all management.

Advantages.
Good discounts may be provided in return for bulk sign up.

Non underwritten cover. What this means is that a level of cover might be provided without underwriting. No blood tests, no exclusions for pre-existing conditions or for anything else.

Great staff benefit
might help with company team building and well being.

Can mean some people might get cover who might otherwise be uninsurable

Contact us for a discussion as to whether it might suit you.

Mortgage Mart NZ Ltd has been granted a license by Financial Markets Authority as a Financial Advice Provider and provides specialist Mortgage and Insurance advice as well as limited advice on KiwiSaver and managed investments We are physically located in Auckland and in Whakatane but serve businesses and families throughout the country. Our disclosure information is located HERE


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