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If your house went up in flames today and was insured at yesterday’s values, you’d have to move down in style. I | :k , M jO" W For example, five years ago you insured .. .this is the replacement house the your present home for its full value. If it insurance would provide, burnt down today then chances are... If your home or its contents were destroyed, how much do you think it .would cost you to rebuild or replace? The Insurance you took out five years ago will only cover approximately 62% of your house today. At NZI we’ve taken a long hard look at the comparative rise in costs and values of homes and contents during the last five years. For example, we’ve found that on average, property values have increased 32% in the last five years. And replacement costs have risen even more during the same period of time. Just think how far behind you could be if your fire Insurance valuation was completed five years ago. And your home burned down today. NZI could pay out in full and you’d still be 38% short of replacement cost. That's a lot of money to have to find in a hurry. The only safe way is for NZI to update your Fire and General Insurance automatically each year. By the same amount as property values and replacement costs rise. At NZI we call it “inflation proofing”. NZl’s inflation HEN proofing guarantees adequate coverage whatever happens. NZI Insurance To Insure the rest of your home. Phone NZI today.—i

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19760427.2.192.2

Bibliographic details

Press, Volume CXVI, Issue 34138, 27 April 1976, Page 24

Word Count
257

Page 24 Advertisements Column 2 Press, Volume CXVI, Issue 34138, 27 April 1976, Page 24

Page 24 Advertisements Column 2 Press, Volume CXVI, Issue 34138, 27 April 1976, Page 24

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