Recommendation Form

Protection Goals for {clientname}
Life Cover Goals for {clientname}

0/100
Life Cover Solutions for {clientname}

0/100
Life Cover Solutions for {clientname} - Default

In the event of your premature or unexpected death, life insurance provides a lump sum cover. This could be used for any financial debts you might have and loved ones who rely on you financially. Life insurance is also commonly used to cover funeral and estate legal expenses. By not including this benefit in your risk assessment, means you may not have the correct cover in place for these types of needs.
0/100
empty

0/100
Trauma Cover Goals for {clientname}

0/100
Trauma Cover Solution for {clientname}

0/100
Trauma Cover Solution for {clientname} - Default

This type of insurance cover is designed to pay a lump sum in the event of a serious health diagnosis or event, such as heart attack, stroke, cancer, major burns, major head injuries and up to 40 other health events. Trauma cover can be used to financially support you through lost income, additional private health treatments, support persons or additional in-home private care. By not including this benefit in your risk assessment, means you may not have the correct cover in place for these types of needs.
0/100
empty

0/100
Disability Cover Goals for {clientname}

0/100
Disability Cover Solution for {clientname}

0/100
Disability Cover Solution for {clientname} - Default

Disability benefits include lump sum and/or regular monthly income payments. Lump sum benefits are an ideal protection for outstanding debts, investment opportunities to maintain your lifestyle needs, or supplementing the need for ongoing income. Monthly disability benefits ensure that your regular monthly income needs are met, bridging the gap when you're unable to work for an extended period of time. By not including the disability benefits in your risk assessment, means you may not have the correct cover in place for these types of needs.
0/100
empty

0/100
Health Cover Goals for {clientname}

0/100
Health Cover Solution for {clientname}

0/100
Health Cover Solution for {clientname} - Default

Health insurance, otherwise known as Medical cover, provides you access to surgery in a private hospital. Other benefits include a wider range of treatment options which could include non-pharmac approved medical treatments, medical specialists and a better quality of care while in recovery. Having health insurance means you won’t need to join a public hospital waiting list, and gives you the best chance of obtaining the treatment and/or surgery quickly. By not including this benefit in your risk assessment, means you may not have the correct cover in place for these types of needs.
0/100
empty

0/100

Protection Goals for {partnersName}
Life Cover Goals for {partnersName}

0/100
Life Cover Solutions for {partnersName}

0/100
Life Cover Solutions for {partnersName} - Default

In the event of your premature or unexpected death, life insurance provides a lump sum cover. This could be used for any financial debts you might have and loved ones who rely on you financially. Life insurance is also commonly used to cover funeral and estate legal expenses. By not including this benefit in your risk assessment, means you may not have the correct cover in place for these types of needs.
0/100
empty

0/100
Trauma Cover Goals for {partnersName}

0/100
Trauma Cover Solution for {partnersName}

0/100
Trauma Cover Solution for {partnersName} - Default

This type of insurance cover is designed to pay a lump sum in the event of a serious health diagnosis or event, such as heart attack, stroke, cancer, major burns, major head injuries and up to 40 other health events. Trauma cover can be used to financially support you through lost income, additional private health treatments, support persons or additional in-home private care. By not including this benefit in your risk assessment, means you may not have the correct cover in place for these types of needs.
0/100
empty

0/100
Disability Cover Goals for {partnersName}

0/100
Disability Cover Solution for {partnersName}

0/100
Disability Cover Solution for {partnersName} - Default

Disability benefits include lump sum and/or regular monthly income payments. Lump sum benefits are an ideal protection for outstanding debts, investment opportunities to maintain your lifestyle needs, or supplementing the need for ongoing income. Monthly disability benefits ensure that your regular monthly income needs are met, bridging the gap when you're unable to work for an extended period of time. By not including the disability benefits in your risk assessment, means you may not have the correct cover in place for these types of needs.
0/100
empty

0/100
Health Cover Goals for {partnersName}

0/100
Health Cover Solution for {partnersName}

0/100
Health Cover Solution for {partnersName} - Default

Health insurance, otherwise known as Medical cover, provides you access to surgery in a private hospital. Other benefits include a wider range of treatment options which could include non-pharmac approved medical treatments, medical specialists and a better quality of care while in recovery. Having health insurance means you won’t need to join a public hospital waiting list, and gives you the best chance of obtaining the treatment and/or surgery quickly. By not including this benefit in your risk assessment, means you may not have the correct cover in place for these types of needs.
0/100
empty

0/100

Existing Insurance
Do you intend to replace/alter any of the client's existing insurance?

AlterReplaceRetainNo Existing Cover
Please specify how the replacement cover meets the clients objectives as identified in the CRA?
Eg. Premium Saving / Improved Benefits
Retain Existing Insurance
In providing you with financial advice, I will only consider your unmet insurance needs and will not take your existing life and trauma policies into account, because you have held these policies for over 10 years, and your health has deteriorated during this time. 
If you cancel these policies and replace them with a new policy, you are likely to have conditions excluded from the new policy that are covered by your existing policies. 

However, newer policies may have better benefits than your existing policies.
Alter Existing Insurance
When considering changes to your risk insurance, it is important to carefully assess both the new benefits and coverage you may gain, as well as any existing benefits or eligibility that could be impacted or forfeited. A balanced understanding ensures your protection aligns with your current needs. My recommendation to consider an alteration to your current cover is based on the information you have provided regarding your current needs.
No Existing Insurance
As you have advised us that you either do not have any current existing insurance policies or that the existing insurance policies that you do have would suffice to cover the protection goals discussed. We have therefore not accounted for any existing policies in this recommendation.
Replace Existing Insurance
If you are considering replacing an existing insurance policy with a new one, there are things you need to be aware of. Whilst there may be good reasons to change, e.g. a cheaper premium or better cover, there are also risks to consider. The key risk is your existing policy may pay a claim that the new one will not. Reasons for this may include:  When you apply for a new insurance policy there is a risk that you do not tell the insurer all they need to know to assess your application. This is called “non-disclosure”. It may be accidental, as it involves remembering visits to the doctor or illnesses experienced in the past. Where non-disclosure has occurred, the insurer may reject a future claim.  If there has been a change in your health, leisure activities or your occupation since you last applied for insurance, this may influence your insurability with a new provider. It could mean the new policy might contain restrictions, plus exclusions for any developed or pre-existing medical conditions you may now have.  There may be longer periods without cover. In a new policy, features like the suicide exclusion clause or the trauma benefit waiting period may recommence, and you may be without protection during this time.  Insurance policies are very complex and there can be some features that are included in one policy and not another even when a product “rating” is higher for one product versus another. In preparing my advice, I have considered all of the above and have included a comparison of your existing cover with the recommended cover in the section called Your Comparisons. As part of my analysis I have also considered whether you can achieve the same benefits by making amendments to your existing policy. This product analysis combined with my understanding of your objectives has resulted in the recommendations set out in this document.

Recommendation
What action is required next?
Please select the provider/s that you would like to recommend
AIA Recommendation*
Partnerslife Recommendation*
Chubb Recommendation*
Asteron Recommendation*
Fidelity Recommendation*
NIB Recommendation*
Unimed Recommendation*
Greenwich Recommendation*
Southern Cross Recommendation*
Accuro Recommendation*
Amendments Solutions:*
Would you like to add a bottom line?

YesNo
Bottom Line*
Policy Ownership
We recommend that you hold any insurance policies with Life, Trauma and Total Permanent Disability (TPD) covers in Joint names or via a Trust (in the names of the trustees) if you have one. By doing this, in the event of a death, the benefit would be paid out without delay. If the policy is only in the name of the deceased, then any life insurance payment could be held up for probate and settlement in accordance with the provisions of the deceased person’s Will.

Due to the nature of income protection and medical covers, these should be owned by the person insured, so that in the event of a claim, the benefit is paid directly to you.

Why this provider - AIA
As a company with 100 years of history, their vision is to help make New Zealand one of the healthiest and most protected nations in the world. They strive to help our customers live healthier, longer, better lives by encouraging them to make positive lifestyle changes one small step at a time. AIA have a strong, competitive market offering of personal and business insurance products designed for the Kiwi lifestyle. As an AIA customer you can sign up for our scientifically backed health and wellbeing program, AIA Vitality, so you can earn rewards while improving your health. They are also available when you need it most, allowing you to focus on getting back to your ‘healthy’. AIA look for ways to make the claims process as simple and transparent as possible and assist with the coordination of a rehabilitation program should you need one. Their commitment is to not just be there for our customers someday, but every day.
Why this provider - Partners life
Partners Life are proud to be a New Zealand operated company. Like many Kiwi companies, they began with humble beginnings as a small start-up in 2011. Since then, they have become a recognised industry leader in life and health insurance. Their rapid rise to the top has only been made possible because of the strong partnerships they have built over time with our customers and with independent financial advisers across the country.
Why this provider - Chubb
Chubb has been operating right here, in New Zealand, for over a century and is one of the country’s leading insurers. Chubb looks out for the needs of more than 450,000 customers and is committed to looking after New Zealanders when they need it most. Their products and services include life, income protection, critical illness, funeral and travel insurance. Chubb New Zealand is part of Chubb Corporation, a Fortune 500 company and one of the world's largest publicly-owned insurance and financial services companies. Chubb Corporation has a long tradition of service stretching back over 200 years.
Why this provider - Asteron Life
Asteron Life Limited has been given an "A+" (Strong) financial strength rating by Fitch Australia Pty Ltd (Fitch), an approved ratings agency.

Their customers are the lifeblood of their business, and they want to help them live life to the full. Everything they do as a company reflects that.

From their friendly service, smart insurance policies and clear and simple communication style (for which they were given the WriteMark award). Working closely with impartial advisers, they look after your best interests every step of the way.
Why this provider - Fidelity
They have been named by industry body ANZIIF as New Zealand’s Life Insurance Company of the Year for three years running – 2017, 2018 and 2019 – which endorses their commitment to putting their customers at the centre of everything we do.
Why this provider - NIB
At NIB we believe that health insurance should be easy to understand, easy to claim on and most of all good value. They offer health insurance you can actually use. When you take out insurance with NIB, you’ll join thousands of Kiwis who we help stay healthy, every day. NIB have over 65 years’ experience in providing health insurance and now cover over 1.5 million people across the Tasman. And as the second largest health insurer in New Zealand, they know a thing or two about the cover Kiwis need, so they have designed a range of health insurance plans to suit you and your wallet.
Why this provider - Unimed
Over 40 years ago, representatives of Kiwi workers joined together to create a not-for-profit society to help people like themselves fund and access much-needed healthcare.
Today, more than 100,000 New Zealanders trust us to support their health and wellbeing.

We are a mutual community owned by our Members. We are a not-for-profit, member-focussed organisation that specialises in providing affordable workplace health insurance and wellbeing services to many of New Zealand’s best-known companies and their employees.

Our ownership structure aligns with our Members’ interests, and this drives our culture and our way of doing business. This unwavering focus on making decisions in the best interests of our Members, rather than profit, ensures we deliver better value and a consistent experience with a genuine personal touch.

The health and wellbeing of our Members is our number one priority and we go the extra mile to make sure they can access the care and support they need, when they need it. We build communities of organisations and people with like-minded interests, to learn and share knowledge and experiences, and access services that support their individual health and wellbeing journey.

Care is what sets us apart. It is, and will continue to be, the heart of the experience we provide.

UniMed Financial Strength Rating: A (Excellent)
The Insurance (Prudential Supervision) Act 2010 requires all New Zealand health insurers to be given a Financial Strength Rating.

AM Best has assessed Union Medical Benefits Society Limited (UniMed) as having an A (Excellent) Financial Strength Rating.

The Rating reflects UniMed’s balance sheet strength, which AM Best assesses as very strong, as well as UniMed’s strong operating performance, limited business profile and appropriate enterprise risk management.

Financial Strength
UniMed is now listed as the insurer on Accuro-branded policies, with a Financial Strength Rating of A (Excellent). This rating has been assessed by AM Best for Union Medical Benefits Society Limited (UniMed). This also makes us the 3rd largest health insurance provider in New Zealand.
Why this provider - Greenwich
Why this provider - Southern Cross
As a not-for-profit health insurer, we put your health and wellbeing first. Here’s why more than 940,000 Kiwis choose to be with Southern Cross Health Society.

Benefits of partners with Southern Cross:
NZ owned and not-for-profit
Special rewards, discounts and great partner offers
Fast access to treatment
Award winning service, as voted by you the consumer
Fast, simple claiming
Manage your policy online – anywhere, anytime
Why this provider - Accuro
We’re a 100 percent New Zealand-owned, not for profit health insurance co-operative. We’ve been providing our members with comprehensive, flexible, affordable, and accessible health insurance since 1971. In 2024, Accuro joined UniMed to become part of New Zealand’s third largest health insurer. Accuro is now a brand owned, operated and underwritten by Union Medical Benefits Society Limited (UniMed). 

Union Medical Benefits Society Limited (UniMed) has an A (Excellent) financial strength rating given by AM Best.

The rating reflects UniMed’s balance sheet strength as well as UniMed’s operating performance, business profile and approach to enterprise risk management.

Rating Scale

AM Best's financial strength rating scale is: 

A++, A+ Superior
A, A- Excellent
B++, B+ Good
B, B- Fair
C++, C+ Marginal
C, C- Weak
Why Thrive
At Thrive our team strives to create a great experience for every client, by delivering exceptional value. We are here to help you make and educated decision about protecting your financial future. When you become part of the Thrive family, we are here to serve, especially when you need us the most...at claim time.

We will continue to challenge the norm by innovating all aspect that influence our clients, to ensure that we continue to deliver and exceptional experience for you.

Disclosures
Partners Commission
• Partners Life Initial 200% / Service 10% will vary if it is health only
AIA Commission
• AIA Initial 190% / Service 7.5% will vary if it is health only
Chubb Commission
• Chubb - Initial 220% / Service - 7.5%
Asteron Commission
• Asteron - 200% / Service - 5-10%
Fidelity Commission
• Fidelity - 240% / Service 10%
Unimed Commission
• Unimed- 30% / Service - 15%
NIB Commission
• NIB - 155% of Annual In-force Premium / Service 10% will vary if it is health only
Greenwich Commission
• Greenwich - 25%
Southern Cross Commission
• Southern Cross 

• Health plans
30% upfront of API
Renewal/Servicing fee of $166.62 per life assured
 
• Groups 10% upfront for year one
 
• Trauma products
25% upfront of API
Renewal/Service fee of $39.49 per life assured
 
• Health Essential products
5% upfront of API
Renewal/Service fee of $33.33 per life assured

All commissions stated above are GST exclusive.
Accuro Commission
• Accuro - 30% / Service - 15%
Disclosure
When you apply for insurance, the insurance provider will rely on the information it receives from you to decide on the terms and conditions for your insurance. The insurance provider will ask for certain particulars and you must provide complete, up to date and relevant information in response to any questions asked.

You must also provide the insurance provider with any information that will be material to the risk you wish to insure. This includes any information that would influence the decision of a prudent insurer to decide whether to accept the insurance and if so, the terms that will apply including the level of premium, limitations on cover, excess or any other special requirements.

If you have any questions about this, please don’t hesitate to ask me.
Default Commission Disclosure
We value transparency and wish to provide you with important information regarding our business practices. In the course of our operations, we collaborate with referral partners who introduce us to clients seeking insurance solutions. This disclosure is intended to inform you about the commission structure in place for such referrals.
Referral Commission - Stellar Mortgages
Referral Partner: Stellar Mortgages
Commission Percentage: 20%
Referral Commission - Melanie Bielawski Mortgages
Referral Partner: Melanie Bielawski Mortgages
Commission Percentage: 20%
Referral Commission - David Fletcher Mortgages
Referral Partner: David Fletcher Mortgages
Commission Percentage: 20%
Referral Commission - Jude Anker Mortgages
Referral Partner: Jude Anker Mortgages
Commission Percentage: 20%
Referral Commission - Thrive Mortgages
Referral Partner: Thrive Mortgages
Commission Percentage: 20%
Referral Commission - Lend
Referral Partner: Lend
Commission Percentage: 20%
Referral Commission - Pecxer FS
Referral Partner: Pecxer FS
Commission Percentage: 20%
Referral Commission - P&C
Referral Partner: P&C
Commission Percentage: 20%
Referral Commission - SDH Immigration
Referral Partner: SDH Immigration
Commission Percentage: 20%
Referral Commission - Harding Insurance Brokers
Referral Partner: Harding Insurance Brokers
Commission Percentage: 20%
Referral Commission - Kylie Sayer Taylored Mortgages
Referral Partner: Kylie Sayer Taylored Mortgages
Commission Percentage: 20%
Referral Commission - Ryan Melton
Referral Partner: Ryan Melton
Commission Percentage: 25%
Referral Commission - Find Advice
Referral Partner: Find Advice
Commission Percentage: 25%
Default Commission Disclosure 2
It is important to note that this commission is paid by our organization and does not impact your premium or the cost of your insurance coverage.

The commission is typically calculated based on the premium amount of the policies issued as a result of the referral. It is a one-time payment to the referral partner upon successful policy issuance.

We want to assure you that our commitment is always to provide you with the best insurance solutions that meet your specific needs. Our recommendations are driven by your requirements and our dedication to ensuring your financial security.
Default Referral Disclosure
As part of our commitment to offering you the best insurance solutions, we are pleased to inform you about a policy discount that you are eligible for. This disclosure aims to provide you with a clear understanding of how this discount works.
Referral Discount- Atkins and Associates
Referral Partner: Atkins and Associates
Discount Percentage: 10%
Referral Discount - SBA Wanagnaui
Referral Partner: SBA Wanagnaui
Discount Percentage: 10%
Referral Discount- Paterson and Associates
Referral Partner: Paterson and Associates
Discount Percentage: 10%
Referral Discount - Pinny and Associates
Referral Partner: Pinny and Associates
Discount Percentage: 10%
Referral Discount - Count Me In
Referral Partner: Count Me In
Discount Percentage: 10%
Referral Discount - Sandra Phippen Business Management Services
Referral Partner: Sandra Phippen Business Management Services
Discount Percentage: 10%
Referral Discount - Freebairn & Hehir
Referral Partner: Freebairn & Hehir
Discount Percentage: 10%
Referral Discount - Kindred & CO
Referral Partner: Kindred & CO
Discount Percentage: 10%
Referral Discount - Advanced Accounting Solutions
Referral Partner: Advanced Accounting Solutions
Discount Percentage: 10%
Referral Discount - Temperton and Associates
Referral Partner: Temperton and Associates
Discount Percentage: 10%
Referral Discount - Colbert Cooper CA
Referral Partner: Colbert Cooper CA
Discount Percentage: 10%
Referral Discount - Spicer Accounting - Fenwick Accounting
Referral Partner: Spicer Accounting - Fenwick Accounting
Discount Percentage: 10%
Default Referral Disclosure 2
This discount is made possible through our collaboration with referral partners who share our commitment to ensuring your financial security. It is our way of showing appreciation for the referrals made to us. The discount is applied to your insurance policy premium and results in cost savings for you for the life of the policy.

Estate Planning
Wills
Sorting out your will brings you peace of mind. Should you ever need to exit this world sooner than expected, what would bring you most joy? What would you most like to see happen? A will, which is a legal document that is uniquely yours, gives directions so that your people, pets and things will be taken care of... long after you've finished up your innings. People mainly use wills to write down family members they want to provide for if they die, and how they want to distribute what they own. But wills also let us specify someone we would like to look after our kids, or to leave special gifts and meaningful things to people or organisations we choose. They can include special instructions for a funeral, and they typically name the person who will carry out our wishes. If we don’t have one, or if ours isn't valid for some reason, what we would like to happen may not happen in reality. This could put our families into legal and financial difficulties.
Enduring Power of Attorney (EPA)
An Enduring Power of Attorney (EPA) is a legal document that can protect you and what is precious to you. There are two types of EPAs: Property – covers your money and assets and can come into effect before you lose mental capacity. You may have more than one attorney for this EPA. Personal care and welfare – covers your health, accommodation and associated care decisions, and comes into effect only if a medical professional or the Family Court decides you have become ‘mentally incapable’. You may have only one attorney for this EPA. An EPA means only the people you trust – your ‘attorney/s’ – can make decisions about your life and/or your treasured possessions, such as your house, money and belongings. You are referred to as the ‘donor’. An EPA can protect you from financial abuse because you have chosen that person or people yourself. That means your wishes are more likely to be respected, and that decisions should be made in your best interest. An EPA can also save your family the cost and stress of having to get a court order to make decisions about you and your property and finances should something happen to you.
Complaints Disclosure
You can find information about how to make a complaint and an overview of our internal complaints process on our website at https://www.thrive.kiwi/things-you-need-to-know.

Our website also provides information about, and the contact details of, the dispute resolution scheme we belong to, which provides a free and independent service that may help investigate or resolve your complaint, if we haven’t been able to resolve your complaint to your satisfaction.
Our Duties
I have duties under the Financial Markets Conduct Act 2013 relating to the way that I give advice. I am required to;

• Give priority to your interests by taking all reasonable steps to make sure my advice isn’t materially influenced by my own interests

• Exercise care, diligence, and skill in providing you with advice

• Meet standards of competence, knowledge and skill set by the Code of Professional Conduct for Financial Advice Services (these are designed to make sure that I have the expertise needed to provide you with advice)

• Meet standards of ethical behaviour, conduct and client care set by the Code of Professional Conduct for Financial Advice Services (these are designed to make sure I treat you as I should, and give you suitable advice).

This is only a summary of the duties that I have. More information is available by contacting
me, or by visiting the Financial Markets Authority website at www.fma.govt.nz.
Fees
I may charge a fee for the financial advice I provide if you cancel a life or health insurance policy within two years of inception. The fee charged for the financial advice provided to you will be $2,500 (all amounts including GST). This fee will be payable by you by the 20th of the month after your policy is cancelled.

Admin use only
Adviser*
Status(Client or Couple)*
Client Name*
Partner's Name*
Firstname 1*
Firstname 2*
Date of Birth 1
Date of Birth 2
Occupation 1
Occupation 2
Adviser's email*
example@example.com
Client email 1 *
example@example.com
Client email 2
example@example.com
Contact Number 1
Contact Number 2
Address 1
Couple name*
Do you need a printable RON?*

YesNo
Thrive System
Should be Empty:

Recommendation

Client Summary

Scope of Service

Protection Goals for {clientname}

Protection Goals for {partnersName}

Existing Insurance

Recommendation

Disclosures

Estate Planning

Admin use only