Roy Morgan Research has published updated information on insurance coverage in New Zealand and it is not a particularly pretty picture.
What does it really look like out there in New Zealand?
Almost 1 in 7 Kiwi’s do not have any insurance cover at all. I don’t know about you, but 1 in 7 people I know are not financially independent enough not to need insurance cover at some level. This suggests Kiwi’s are taking the risk that ‘she’ll be right’. This may be knowingly but most likely unknowingly.