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Nature and Scope of our Advice

I will provide you with financial advice in relation to your personal insurances (life and health).  I only provide financial advice about life insurances from three providers - AIA, Cigna and Fidelity Life.  For health insurance I only provide financial advice from two providers - AIA and Accuro. 

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I will not provide advice on existing whole of life or endowment products, so you will need to consult a specialist if you would like advice on those products.

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General Insurance ( Home, Contents & Car)

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We work exclusively with Blanket Insurance to provide house, car & contents insurance via their digital application process.

The insurance offered by Blanket is provided by The Hollard Insurance Company Pty Ltd (Hollard).   Administration of this insurance and claims handling services are managed by Ando

Insurance Group Limited (Ando) on behalf of Hollard.   Hollard is a licensed insurer in New Zealand under section 19 of the Insurance (Prudential Supervision) Act 2010.

They are the only general insurance product provider that we work with.

In place of an upfront fee, we are paid a commission by the recommended insurance provider from the premium they charge you for your cover.

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Reliability History

Neither Better Life nor I have been subject to a reliability event.  A reliability event is something that may materially influence you in deciding whether to seek advice from my recommendations. As an example, it would include legal proceedings against me, or if I had been declared bankrupt. 

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Fees and Expenses

We do not charge a fee for insurance advice or recommendations provided to you. 

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We may charge a fee for ACC Restructuring, set at $250 + GST per client, payable 20th of the following month.  If a fee is to be charged, I will clearly advice of the amount in my statement of advice. 

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We may charge a fee for general consulting services (such as business growth/strategy consulting) of $150 + GST per hour, payable 20th of the month after the invoice is issued.  If a fee is to be charged, I will clearly advise the amount in writing for your approval, before any work is commenced.

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Conflicts of Interest and Incentives

I receive commissions from the relevant insurance company if you take out insurance following my advice.  The commissions are between 7.5% and 200% of the first year's premiums of your policy.  The amount depends on which insurance company and which insurance policy you choose. 

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I also receive commission of between 5% and 20% of the premium for each year the policy remains in force. 

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To ensure I prioritise your interests above my own, I follow an advice process that ensures my recommendations are made on the basis of your individual goals and circumstances.  I complete annual training about how to manage conflicts of interest.  We undertake a compliance audit, and a review of our compliance programme is undertaken annually by the Compliance Refinery, a reputable compliance adviser. 

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