Cost of Living Poll Result


It appears cost-of-living pressures are starting to bite with 85% of respondents to our latest poll indicating their clients are reducing or cancelling their insurance cover.

Our poll follows a report from the FSC indicating more Kiwis are worried about money. According to its Financial Resilience Index, 70% of the adult population have money worries.

With one week to go before this poll closes, 45% of respondents indicate more clients than expected have lowered their insurance cover, 40% state that while clients have reduced cover, the number is fewer than expected, 10% are not sure, and 5% indicate no change.

Are more clients cancelling or reducing their insurance cover this year due to cost of living pressures?

  • Yes – more than I expected (51%)
  • Yes – but fewer than expected (40%)
  • Not sure (5%)
  • No (4%)

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See our report: Money Worries Rise Across the Country