Evergreen Life Provide Mortgage Protection & Business Insurance For Your Peace of Mind

At Evergreen Life they understand how filling out big applications and doing ‘one on one’ meetings can be overwhelming, so they have made this process simple for you, working together with you to find the best solution, and part of their service is to provide mortgage protection and business insurance.

Mortgage protection is a combination of many insurance products, like Life Insurance, Trauma Cover, Total and Permanent Disability Cover, and Income Protection. You can also get standalone mortgage repayment cover, which pays your regular mortgage payments if you're unable to work because of sickness or injury. There's an initial stand down period of at least four weeks before the payments start.

Mortgage protection is very similar to other standard insurance policies, but because it's specifically to cover a fixed amount (the amount of your mortgage), there's less flexibility. The price for mortgage protection insurance is usually similar to standard insurance policies, and mortgage protection cover reflects the amount of your mortgage debt, or the monthly repayments you need to make.

Regarding business insurance, if you want your business to survive the loss of someone critical to its success – due to illness or injury – it’s important to plan for it. Evergreen Life can help you tailor an insurance plan that protects financial position of your business should something unexpected happen.

For example, shareholder protection enables shareholders to buy out a business partner or their estate, in the event they need to sell their shares in the company due to serious illness, injury or death. When you have shareholder protection cover, you’ll also need a buy/sell agreement, which you can discuss with your lawyer. Evergreen Life can also provide Debt Protection Cover for shareholders to repay debts and other liabilities at the same time.

Similarly, Key Man cover allows your business to keep rolling when you lose someone that has a big impact on revenue, and Key person cover injects cash into the business to cover operational costs. With key person cover, you need to consider the all the costs associated with your key person from operational to recruitment.

To find out more about insurance brokers, life insurance NZ and health insurance please go to http://evergreenlife.nz/ .