What Are the Odds You Will Claim?
How likely are you to need personal insurance in your lifetime?
Spoiler: It's probably higher than you think.
We tend to think “it won’t happen to me.” Most people are confident they’ll be fine — until life throws a curveball. A health scare. A serious injury. A diagnosis. Suddenly, the odds become real.
So, let’s take a look at some actual statistics and why they matter when it comes to protecting yourself and your family financially.
The Numbers Tell a Different Story
Did you know...
1 in 3 people will be diagnosed with cancer at some point in their life.
1 in 4 people will have a stroke before age 65.
1 in 9 women are affected by breast cancer.
And for males, heart disease remains the leading cause of death in New Zealand.
And it’s not just about dying — it’s about living through a serious illness and what happens next. Will you be able to keep paying the bills? Cover your mortgage? Support your family?
The Real Risk Is Being Unprepared
Here’s the thing: when these events happen (and statistically, they do), the financial impact is immediate. Time off work, medical costs, or even needing your partner to reduce their hours to help care for you — it all adds up.
That’s where personal insurance comes in. It’s not about betting something will go wrong. It’s about being smart in case it does.
The Types of Cover That Make a Difference
Medical Cover helps with treatment costs and access to private healthcare.
Income Protection keeps money coming in when you can’t work due to illness or injury.
Trauma Cover pays a lump sum if you're diagnosed with a serious condition.
Total and Permanent Disability Cover helps if you’re unable to ever return to work.
Life Insurance provides for your loved ones if the worst happens.
Each of these plays a role in building a financial safety net — not just for you, but for the people who depend on you.
Why People Delay — and Why You Shouldn’t
Some people think, “I’m young and healthy — I don’t need it yet.” But insurance is based on risk, and the younger and healthier you are, the easier and cheaper it is to get covered.
Waiting until something goes wrong can limit your options — or make them much more expensive. Taking action now puts you in control.
So... What Are the Odds?
They’re higher than you think. But the good news is, you can do something about it today.
💬 Want to talk through your options?
We’re here to help you understand what cover might suit your life, your family, and your budget.
Nimalka Perera
Business Development Manager
New Vision Financial Services
Plan your future and let us help you have peace of mind along the way.
