New Zealanders don't have enough life insurance: FSC

Thu, 23 Jan 2020

A growing number of New Zealanders believe the population has less life insurance than it needs, according to industry research.In a survey for the Financial Services Council conducted last year, 71 percent said people are under-insured, up from 59 percent in a similar survey conducted in 2011, although the FSC said the change is only indicative because the methodology and sample sizes of the earlier research were different.The survey found 62 percent of the 2,061 respondents said they didn't have life insurance while another 9 percent said the...

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