The results from our latest poll appear to show advisers expect to see more growth in providing health insurance advice than life insurance advice over the coming months.
Our poll question follows a report by IBIS World that revealed a drop in annual revenue of life companies since in New Zealand since 2019. During the same period, it recorded a jump in health insurance business (see: Life Insurance Profits Decline).
According to the votes cast so far, 37% of advisers expect to generate more business from health insurance over the coming 12 months. 27% expect to write more life insurance, while 31% expect to write about the same relative levels.
IBIS predicts the health insurance market will grow over the next five years.
From which of these advice streams would you expect to generate more business over the next 12 months
- Health insurance (41%)
- About 50-50 (30%)
- Life insurance (23%)
- Not sure (6%)
Loading ...Our poll remains open for another week and we welcome your thoughts.
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