New Zealanders not protecting themselves

The research "Risking Everything", carried out by Horizon Research, looked at New Zealanders attitudes to financial risk and how they protected their wealth should the worst happen.

"Risking Everything found that although most Kiwis are aware of their financial risks, they aren’t doing much about it," chief executive Richard Klipin said. 

He said it showed there was more for the sector to do to improve access to quality, easy-to-understand protection.

“The majority of New Zealanders have not considered the risk of ‘protecting me’, with just 20% of respondents saying they had considered a risk of lost income due to illness or serious injury.