personal insurance

Immigrer dans un autre pays est un événement déterminant. Bien que l’immigration représente souvent une occasion pour les nouveaux arrivants de se bâtir une vie meilleure, elle n’est pas exempte d’enjeux et de priorités. Comment l’assurance comportementale entre-t-elle en jeu? Écoutez Stephanie Hamel, chef, Ventes internes, Produits d’assurance vie et de prestations du vivant, discuter avec Joseph Franjié, spécialiste, Ventes de produits d’assurance vie et de prestations du vivant à Manuvie, de l’impact du programme Manuvie Vitalité sur lui, en tant que nouvel arrivant, et de la façon dont ce programme a facilité son intégration au Canada.

Rendez-vous sur le site Manuvie.ca/lechangedemanuvie pour en savoir plus.

Most clients think to have insurance coverage in place to protect their family if they die. But not everyone plans for a critical illness event because they think it won’t happen to them. Join Vanessa Scott, National Living Benefits Consultant, Manulife, and Nic Pascoe, Head of Distribution, Central West and Atlantic Canada, Individual Insurance, Manulife as they discuss the importance of critical illness coverage for “what if you live?”. 

Visit Manulife.ca/TheManulifeExchange to learn more.

Discover the strength of Manulife’s living benefits products:

• ENGLISH
• FRENCH

To learn more about the number and type of claims Manulife paid out last year, check out the Manulife Claims page:

• ENGLISH
• FRENCH

On today’s podcast, we're back at it again with Insurance Specialist & Financial Adviser, Carley Ellis to dive into the financial side of all things unfortunate.

If you haven't listened to part one, stop right now and go back to our previous episode. It's one not to miss. Plus this podcast will probably make a little more sense after listening to the first one.

Specifically, we cover:

• The different types of insurance that are available for you to consider and which cover specific events
• Why thinking from the insurer's point of view can help you better understand how the insurance system works
• Which lifestyle factors (e.g. smoking) and events are considered in insurance premiums and how much more this can cost you if you're getting insurance
• The green and red flags you should watch out for when partnering up with a financial advisor for insurance
• Things to consider when you are moving to a different financial advisor

If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.

SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify

Follow us for fun chat & financial tidbits on IG: @itsnosecretnz
Got questions? Get in touch: www.itsnosecret.co.nz

When it comes to recommending a participating insurance solution to your clients, fund strength and stability are important considerations. With a balanced asset mix, smoothed fund yield, and now with the benefits of Manulife Vitality, Manulife Par offers greater value to your clients. In this episode, Mathieu Charest, Head of Product and Pricing - Individual Insurance, joins Catherine Larouche, Head of Life Insurance Products and Critical Illness, at Manulife to discuss the 2023-2024 Dividend Interest Rate (DIR) and how Manulife’s Canadian participating account is managed to offer stability and deliver results for the long-term benefit of our policyowners.

Visit Manulife.ca/TheManulifeExchange to learn more. 

Discover the strength of Manulife Par 

• ENGLISH
• FRENCH

Coming soon: Illustrate Manulife Par with the new DIR before it takes effect on September 1, 2023. Check back late June for more information. 

The Vitality Group Inc., in association with The Manufacturers Life Insurance Company, provides the Manulife Vitality program. The Manulife Vitality program is available with select policies. Vitality is a trademark of Vitality Group International Inc., and is used by The Manufacturers Life Insurance Company and its affiliates under license.

Manulife Par and Manulife Par with Vitality PlusTM are issued and sold by the Manufacturers Life Insurance Company (Manulife). 

Immigrating to a new country is a significant milestone. While it is often an opportunity for newcomers to build a better life it also comes with its own challenges and priorities. How does behavioural insurance come into the picture, you may ask? Listen to Stephanie Hamel, Head of Inside Sales for Life & Living Benefits discuss with Joseph Franjié, Life and Living Benefits Insurance Sales Specialist at Manulife the impact that the Manulife Vitality program had on him - as a newcomer - and how it helped with his integration in the country.  

Visit Manulife.ca/TheManulifeExchange to learn more.

Find more resources on Manulife Vitality:

ENGLISH

FRENCH

Ep 40. In part 3 of this series Archie and Lachy talk about the rising cost of personal and general insurances, what's causing premiums to rise, and how to keep your insurance costs within your budget.

Talk to an Advocate or Mortgage Broker FREE: waymakerfinance.com.au

👉 Follow us on Instagram for tips and money hacks: @waymakerfinance

💬 Give us feedback / submit your questions: waymakerfinance.com.au/podcast/feedback  
or email podcast@waymakefinance.com.au

⭐️ ⭐️ ⭐️ ⭐️ ⭐️  Love the show? Leave a rating or review! ❤️ 

Mind Over Money is a podcast that helps Australians change their money mindsets - so that they can live a life of freedom, generosity and joy.
Share this podcast with your friends: waymakerpodcast.com.au

IMPORTANT: All of our content including this episode is only for education and entertainment purposes only. Never get financial advice from a podcast! You've been warned.
No information on this show takes into account your personal financial situation or goals. Please consider if the advice is appropriate to you and your needs, before acting on the information. We always recommend you seek personal financial advice from a Financial Advisor that’s tailored to your goals and situation

Presented by Waymaker Finance 🇦🇺   & hosted by Lachlan Nicolson and Archie Franz.
www.waymakerfinance.com.au

🎙 Recorded using Riverside.fm

Imagine offering your clients the protection they need, helping them live longer, healthier lives, AND giving them the opportunity to increase their death benefit just by making healthy life choices. You can do all that, and more with Manulife UL with Vitality PlusTM. Catherine Larouche, Head of Life Insurance products, and Michael Dawson, Director, Vitality Sales and Distribution at Manulife discuss how Vitality is a true differentiator for you and your universal life (UL) clients. Now is the time to share Vitality with your UL clients. Are you ready to go all in?  

Visit Manulife.ca/TheManulifeExchange to learn more.

Check out the Manulife Vitality Rewards and Status Simulator®

ENGLISH

FRENCH

Monthly Customer Engagement Data Source: Manulife Vitality dashboard report, The Vitality Group, 2022.

Discover the benefits of Manulife Vitality Go and Manulife Vitality Plus

ENGLISH

FRENCH

Manulife with Vitality Go and Manulife UL with Vitality Plus are sold by Manulife (The Manufacturers Life Insurance Company). Vitality Group Inc., in association with The Manufacturers Life Insurance Company, provides the Manulife Vitality program. The Manulife Vitality program is available with select policies. Vitality is a trademark of Vitality Group International Inc., and is used by The Manufacturers Life Insurance Company and its affiliates under license.

The role of the insurance advisor is changing. Today’s role demands a more comprehensive approach, one where the focus is on building relationships. After all, clients may be able to find product information and even get a quote online, but they still need you to help them find the solution that best meets their needs. 

That’s where Manulife Vitality comes in. Manulife Vitality gives you the edge you need to drive your business forward in today’s competitive environment.

Nicholas Pascoe, Manulife Head of Distribution, Individual Insurance for the Central West and Atlantic region sits down with Percy MacDonald, Insurance and Financial advisor in Halifax, NS, to discuss how Manulife Vitality helped him stand out from the competition, change the conversation with his clients and grow his business. 

Have you been looking for an insurance product that would help you stay engaged with your clients all-year round with multiple opportunities to connect with them? Well, look no further. 

Manulife Vitality is founded on engagement. You’ll have multiple opportunities to reach out to your clients and see how they’re doing, forging a stronger relationship with each interaction. Providing a more personal and meaningful experience may change the way clients think about their insurance and about you, leading to fewer lapses and more referrals.

Tammy Hynes, Manulife Head of Distribution, Individual Insurance for the Western region sits down with Delta Sciur, Insurance and Financial advisor in Leduc, AB, to discuss how Manulife Vitality has helped her stay engaged and grow her relationship with her clients through social media and several other ways. 

AIDA is Manulife’s Artificial Intelligence Design Algorithm. She’s fast, consistent and reliable. And she’s closing the protection gap for Canadians. Laura Yost, National Director of Retail Accounts sits down with Karen Cutler, Manulife’s Head of Underwriting and Claims, to discuss how artificial intelligence and Manulife’s culture of curiosity are re-shaping the insurance industry and helping more Canadians get the protection they need.  

Visit Manulife.ca/TheManulifeExchange to learn more

NOTES:

Daniel Kahneman’s Thinking Fast and Slow
Two systems drive the way we think and make choices, Daniel Kahneman explains: System One is fast, intuitive, and emotional; System Two is slower, more deliberative, and more logical. Examining how both systems function within the mind, Kahneman exposes the extraordinary capabilities as well as the biases of fast thinking and the pervasive influence of intuitive impressions on our thoughts and our choices. Engaging the reader in a lively conversation about how we think, he shows where we can trust our intuitions and how we can tap into the benefits of slow thinking, contrasting the two-system view of the mind with the standard model of the rational economic agent.

Kahneman's singularly influential work has transformed cognitive psychology and launched the new fields of behavioral economics and happiness studies. In this path-breaking book, Kahneman shows how the mind works, and offers practical and enlightening insights into how choices are made in both our business and personal lives--and how we can guard against the mental glitches that often get us into trouble.

Daniel Kahneman’s article in Harvard Business Review
Noise: How to Overcome the High, Hidden Cost of Inconsistent Decision Making

In Noise, Daniel Kahneman, Olivier Sibony, and Cass R. Sunstein show the detrimental effects of noise in many fields, including medicine, law, economic forecasting, forensic science, bail, child protection, strategy, performance reviews, and personnel selection. Wherever there is judgment, there is noise. Yet, most of the time, individuals and organizations alike are unaware of it. They neglect noise. With a few simple remedies, people can reduce both noise and bias, and so make far better decisions.

Packed with original ideas, and offering the same kinds of research-based insights that made Thinking, Fast and Slow and Nudge groundbreaking New York Times bestsellers, Noise explains how and why humans are so susceptible to noise in judgment—and what we can do about it.

Daniel Kahneman: Four Keys to Better Decision Making | CFA Institute Enterprising Investor
Even in testable domains where causal relationships are readily discernible, noise can distort the results.  Kahneman described a study of underwriters at a well-run insurance company. While not an exact science, underwriting is a domain with learnable rules where expertise can be developed. The underwriters all read the same file and determined a premium. That there would be divergence in the premium set by each was understood. The question was how large a divergence.  “What percentage would you expect?” Kahneman asked. “The number that comes to mind most often is 10%. It’s fairly high and a conservative judgment.”  Yet when the average was computed, there was 56% divergence.  “Which really means that those underwriters are wasting their time,” he said. “How can it be that people have that amount of noise in judgment and not be aware of it?”

Welcome back after lockdown and restrictions! Weddings are back and so are we! This is a bumper episode with not one, but two great guests!
This episode we speak to the charismatic Wayne Lennan. Wayne is a specialist in advising, creating and servicing Risk Insurance Programmes (Life Insurance, Income Protection, Keyman Insurance, Partnership Protection) for individuals, families and businesses. He is the owner of Insurance for Living located in Newcastle but servicing people Australia wide. Wayne says "I believe that my clients and their families should be able to live with the peace of mind knowing that they will be looked after financially in the event of illness, accident or death. I see myself as their personal financial life saver…"
Wayne can be contacted on 0412494243 or 02 49256125 and email him at
wayne@insuranceforliving.com.au. Visit his website at https://www.insuranceforliving.com.au.
We also speak to the fabulous Genevieve Dennis from Easy Name Change. Gen has some interesting stats and information about changing your name and explains how her business helps couples do it... stress free! Did you know the typical bride has an average of 22 organisations to change names with? And most companies require the same repetitive information, completed on various forms, all sent to different addresses? That's where Easy Name Change comes in!

Easy Name Change are a technology company that streamlines the process of creating custom personalised notifications for over 2,000 organisations around the world. Just select your companies and provide some brief personal information, then they'll provide customised paperwork ready for you to sign and send. Where the customer doesn't yet have their new name sorted they also provide the necessary forms and explain the process.

Easy Name Change quickly grew to offer personalised kits in the UK, Canada and New Zealand. In 2012 Easy Name Change launched in the USA. All programming and development is done in house and they employ a team of research assistants to keep global databases up to date.

Geneivieve can be emailed at  gen@easynamechange.com  and her website is very helpful- visit https://www.easynamechange.com/au/

As always, I'm available for assistance, enquiries, feedback and bookings. Call 0424041212 or email margie@metamorphis.com.au. Visit http://www.metamophis.com.au or join the fun on the Metamorphis Ceremonies facebook page- https://www.facebook.com/MetamorphisCeremonies

Thanks for listening and being part of the Wedding Wombat community!

Meg McKeen, Founder, Adjunct Advisors, welcomes Erin Brown, Founder & CEO, Lead Connext, to Bound & Determined. In this episode, we'll talk about Erin's decision to pursue an immersive work experience abroad, and how that shaped her future career plans. Erin shares the ins and outs - and ups and downs - of starting her business and more about the lessons she's learned about imposter syndrome and making it work. 

00:00 - 3:44 | Meg welcomes Erin to the show; Meg and Erin have a lot in common as they both have flexibility in their work in the current environment.

3:45 - 5:14 | Let's get to know Lead Connext; Erin is building a community for first-time and middle managers, offering knowledge and support to support individuals on their leadership journey. 

5:15 - 6:00 | Erin's work focuses on supporting the community members as a whole person, a journey she's been on as well.

6:01 - 8:24 | Erin spent her corporate insurance years working on the agency side of the business and grew into a variety of leadership roles. She's passionate about travel and knew that she was ready for a change - and the chance to marry the two through her experience with Unsettled. 

8:25 - 10:34 | How do you tell - not ask - your boss that you'll be working abroad for a month? Lots of interesting conversation, to say the least! 

10:35 - 12:14 | 30 days living abroad with 30 people you've never met will change you, no matter how you look at it. Erin felt all the emotions as she embarked on this adventure.

12:15 - 18:14 | If you've ever felt you've not been able to be your whole self in the workplace, or your values aren't in alignment, you'll relate as Erin shares her experience. 

18:15 - 19:44 | Change doesn't happen overnight; Erin returned to work following her travel and 

19:45 - 20:44 | Quitting your job without a job isn't something that everyone can do,  but we can all ponder what else is available to us.

20:45 - 25:09 | Entrepreneurship is hard! Erin shares the biggest challenges - and surprises - she's learned along the way. Planning for change is key - both emotionally and financially - and there's so much learning to do.

25:10 - 26:59 | Your support system changes when you change course - it has to.

27:00 - 30:44 | There's no right way to start a business - and you can't eliminate all the challenges. Erin and Meg chat the ways they've created sustainability during uncertain economic times, so they can stay committed to their individual missions.

30:45 - 38:33 | Imposter syndrome is a topic that comes up often on the podcast and in the work both Meg and Erin do. They share more about their collaboration on the subject, as well as Erin's experience with imposter syndrome and how she has learned to work with it as she grows her business. Having an accountability partner can be key!

38:34 - 40:46 | How to learn more about Erin and the Lead Connext community - Meg is a member! Thank you for your friendship and your support, Erin!

To learn more about Erin Brown and Lead Connext:

• Connect with Erin Brown on LinkedIn
• Visit the Lead Connext website
• Follow Lead Connext on Instagram 

To learn more about Meg McKeen and Adjunct Advisors:

• Connect with Meg McKeen on LinkedIn
• Subscribe to To Taking the Risk

Listen as host Meg McKeen and Lawanda "Elle Michell" Hall talk about their less traditional insurance career paths. With a foundation in the industry, you're qualified to do a lot more than you might think!

0:00 - 1:49 | Get to know Lawanda "Elle Michell" Hall and her reality in this COVID environment

1:50 - 3:17 | Co-working as a strategy for staying connected and building new connections in this virtual world

3:18 - 4:24 | Elle's great interview on Profiles In Risk where she shares more about her less traditional career paths

4:25 - 5:09 | Elle's intentional decision to pursue a career in corporate risk management that started with an interest in actuarial science

5:10 - 9:59 | The choice to honor her whole self in the work she does led Elle to a job in claims as her entry to risk management - and ultimately entrepreneurship

10:00 - 11:19 | Elle's curiosity with entrepreneurship and the opportunity we have in the insurance industry to leverage our individual talents

11:20 - 12:59 | There is no "right" way to navigate your career and the importance of honoring who you are

13:00 - 13:59 | Careers are like dating - eventually people will find out who you really are!

14:00 - 15:29 | Elle's transition to entrepreneurship was a pretty obvious shift - but less conventional career paths aren't the norm in the insurance industry

15:30 - 16:59 | The risk of staying put and living an unfulfilled life - and living at the intersection of who you are and what you do

17:00 - 18:59  | Elle is in her sweet spot in risk management and career consulting with individuals who are thoughtful and ready for change - from "now to next."

19:00 - 23:08 | Commonalities between Elle's clients - in their careers and their job satisfaction. #LiveLove, #SpeakLife, and #Free People are the pillars of Elle's practice

23:09 - 24:59 | Connecting the dots for early career professionals as they envision a career in insurance. We are living our lives while we are building our careers, right? 

25:00 - 25:42  | A few thoughts on imposter syndrome - the inner critic, not going for it and watching opportunities pass you by

25:43 - 26:53 | What makes Elle Michell amazing?

26:54 - 27:59 | A client story about the assumptions we make and Elle's clever "lifework" that made a difference

28:00 - 29:44 | Confidence comes and goes and building it requires effort

29:45 -  31:24 | In addition to career coaching, Elle is also a consultant for small businesses and continuing education provider for insurance agents

31:25 - 31:59 | There's so much opportunity in the insurance industry with a foundation of discipline in risk management

32:00 - 33:19 | The freedom that comes from a consulting career in insurance

33:20 - 35:07 | Thanks for joining the podcast, Elle!

Learn more about Intelligent Intentions and schedule your complimentary discovery call with Elle Michell here. 

Learn more about host Meg McKeen and the approachable and accessible resources available to insurance salespeople here. Stay up-to-date when you subscribe to To Taking the Risk here. 

Welcome back to the Savvy Mumma podcast, starting a money conversation relevant for Mums who are busy juggling life, careers and households. 

This week we are tackling another very important topic, one that everyone needs to consider and given our last conversation was about estate planning, I thought we'd stick with the worst-case-planning theme.  I've invited in a friend, former colleague and senior manager at one of Australia's retail insurance companies, Rachael Harney, to join me in having the life insurance conversation, because let's face it, these tough conversations are better shared! 

We tackle why personal insurances are (very) important to consider, the different types of insurances that are available and what they do, how to know if you’ve got a policy that will pay out, and the importance of seeking the assistance of a financial adviser to help you determine the amount of cover you need and how to best structure it.

It's a complex area, so we've included a handout in the link below to break it down a little further.

Resources

An overview of all the different types of cover as mentioned in the show and further information on insurance: https://moneymode.com.au/personal-insurance-guide/

CREDITS

Host: Renae Vercoe

Producer: Rachael Hart

CONTACT US

Website: https://moneymode.com.au/savvy-mumma/

Savvy Mumma Facebook Group: Join us 

You should know:

Savvy Mumma exists purely for educational purposes and the discussions we share are general in nature and do not consider your personal objectives, financial situation or needs. Therefore before acting on this information, consider its appropriateness and seek independent financial advice before committing to any personal investment.  Money Mode Advice Pty Ltd (ABN 29 627 492 791) is a corporate authorised representative, and Renae Vercoe is an authorised representative, of First Financial Pty Ltd (AFSL 481098, ABN 15 167 177 817).

Rachael's employer is in no way affiliated with any part of this episode and she taken part of her own will to share her personal views and experience.

See omnystudio.com/listener for privacy information.

When you are under the age of about 50, planning for your retirement seems kinda, well, boring. And it just seems sooo far away!

Details concerning personal insurance, voluntary superannuation contributions and investment strategies can seem a little icky to many females and sometimes if we are honest, we can leave these boring details to the men in our life.

But in this episode of Miss Bossy Boots, Suzie Barnaby; a Financial Adviser with Morgans in Port Macquarie talks us through the importance of taking this stuff more seriously (like now) and shares some inspirational insight into how we can turn this challenge into an opportunity.

You can connect with Suzie on LinkedIn here or follow Morgans Port Macquarie on Facebook here.

If you would like to share any of your challenges or tips around managing your personal or business finance, join the conversation in the Miss Bossy Boots Podcast Facebook Group.

See omnystudio.com/listener for privacy information.

Personal risk management starts with a frame of mind that puts an emphasis on protecting something from harm through thoughtful preparation and planning. Every risk management plan is different because it is based on a unique set of factors dictated by a person’s lifestyle and asset base.  Once it is determined that a personal risk management mindset will be utilized, the next step is developing a plan that can be executed. 

There are three components to a thorough personal risk management plan. They are: 

1. Prepare and plan
2. Predict and prevent
3. Respond and recover

Each of these areas targets are certain aspect of risk management that should be incorporated into a comprehensive personal risk management plan. This episode goes into further detail about what is involved with this type of plan and how it can be developed.