tmmonline.nz  |   landlords.co.nz        About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds

NZ's Financial Adviser News Centre

GR Logo
Last Article Uploaded: Thursday, February 6th, 9:15AM

Insurance

rss
Latest Headlines

Opinion: Yes we can...

If you want Mr. Sensitive – talk to an insurance broker. In this wonderful world of acceptance and tolerance, the very words we use to describe difference are frowned upon.

Wednesday, January 14th 2009, 5:21AM

by Russell Hutchinson

It is now rare to hear judgments made about people on the basis of sex, job, age, weight, height, or health. By and large, it is a good thing that this is rare. So we can hardly blame the average Joe – or Jane for that matter – for getting a little hot under the collar when insurance companies ask them lots of personal questions so that they charge more money for certain risks.

They are just not used to this being done any more. One asked: “Can they do that?” Of course: “yes, they can.” There is a special Human Rights Act exemption for insurance.

We don’t need sensitivity training to remember not to describe someone as old, fat, sick or describe their job as bad.

The great value of commission incentives makes us all the model of compassion when dealing with clients. Jokes about “too short for their weight” and “as wide as they are tall” are kept for good-natured chuckles with mates.

Daily, advisers deliver increasingly intolerant verdicts from tougher underwriters to clients with great love and kindness. But it would help if there were just a little more reality from our other friends in the media and the community at large that such things as age, weight, and disease remain as real today as they were in less tolerant times gone by.

« Opinion: Insurance makes you feel wealthyOpinion: Too good at selling life insurance? »

Special Offers

Commenting is closed

 

print

Printable version  

print

Email to a friend
Insurance Briefs

Gut on you Asteron
Asteron Life joins forces with the Gut Foundation as platinum sponsor.

Partners exits Adviser Support Programme
Partners Life has moved its Adviser Support Programme to a third party compliance provider.

Apex Advice buys life business
Auckland-based Apex Advice has acquired a well-established insurance advice business.

Chubb's latest champion
Young maths prodigy takes out actuarial award.

News Bites
Latest Comments
  • [OPINION] Is the risk industry at risk?
    “If you haven't figured out why insurers have by and large decided that the cost of adviser support and service is less important...”
    19 hours ago by mentats
  • [OPINION] Is the risk industry at risk?
    “Well said John, an unsurprising read and one that the comments reflect isn’t an unusual experience. The idea that advisers...”
    1 day ago by JPHale
  • [OPINION] Is the risk industry at risk?
    “Some interesting insights into the insurance industry - which (as a non insurance sort) I assumed was an extremely competitive...”
    5 days ago by Pragmatic
  • [OPINION] Is the risk industry at risk?
    “David, I could not agree more and this should be the number 1 issue for any adviser body this year. Current insurer inefficiencies...”
    6 days ago by Backstage
  • [OPINION] Is the risk industry at risk?
    “This issue of poor provider service is more serious than we yet realise. When CoFI hits - shortly - FAPs and FAs will be...”
    6 days ago by dcwhyte
Subscribe Now

Mortgage Rates Newsletter

Daily Weekly

Previous News
Most Commented On
About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox  |  Disclaimer
 
Site by Web Developer and eyelovedesign.com