initio

Gilligan Rowe & Associates

As active property investors, at GRA we noticed our insurance brokers were charging us more each and every year. So we started to shop around, and in the process we came across Initio.


We discovered that: 

1. Initio are cheaper

Because they are online, they cut out the middle man (broker). 

2. Their benefits are comprehensive

Initio's benefits are equal to or exceed the other covers we had in our portfolios. Their cover includes loss of rents and higher meth cover than our conventional insurers (despite our brokers telling us our existing insurers were the best in the market). 

3. Initio is backed by IAG

IAG is one of the largest insurers in the world.


All of this caused us to have a conversation with their managing director, and we are now pleased to bring you an insurance offering in a joint venture between GRA and Initio. For an instant free online quote, please click on the banner below:

*** Please note insurance cover is not available for properties in Wellington at this time***



Some of the things Initio Landlord Insurance provides as standard are:

  • Damage and loss of rents caused by the manufacture and consumption of methamphetamine 
  • $20,000 free contents cover (can be increased to $60,000)
  • Loss of rental income due to damage - $20,000 (with ability to increase to $80,000)
  • Loss of rental income up to six weeks for eviction, abandonment or prevention of access
  • Cover of $25,000 for deliberate damage by tenants is automatically included (most other insurers make you buy this cover separately)
  • Multi-unit cover – up to six flats under the same roof on the same policy, which means lower premiums
  • $3,000 cover for hidden gradual damage
  • Replacement cover (up to your insured value) for essential events like fire, flood, earthquake

To find out more about how to insure your home or investment property cheaper, and to obtain a free online quote, please click here.



Testimonials
This letter is to express my appreciation for the assistance and encouragement of both Anthony Lipscombe and particularly John Heaslip over the last financial year. The period since activating my trading trust has been one of considerable stress, as well as personal development, as I embarked on this as a relative business neophyte with virtually no awareness of the contemporary requirements of running a business, particularly the financial records aspect. During much of this period I have therefore felt considerable out of my depth.  However I have been lucky enough to have had the benefit of the advice and support of John Heaslip in rationalizing what was a fairly chaotic set of records of the first year property trading. I am able to say that John in particular, has been unstinting in his attention to my needs and has done so in a manner which has never alluded to my extremely rudimentary grasp of managing a business, or even of being unable to set out a spread sheet properly.  The result of the above guidance is that now, although my trading trust would still not be able to operate without the advice of GRA, I do least feel a sense of satisfaction that I have got to my present point without major disaster and that my property trust does now have some kind of firmer basis for any future activities - Name withheld by request
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