A
n elderly neighbour you
don’t know terribly well
has asked if you would
act as her Enduring Power of
Attorney. You feel sorry for her
because she doesn’t appear to
have contact with her family.
Should you say “yes”?
It is good that your neighbour
is seeking this, but be aware
that the job can be a very
onerous one.
An Enduring Power
of Attorney (EPA) is a legal
arrangement giving you the
power to make decisions for
someone who can no longer
decide for themselves. This
is usually because of mental
impairment due to old age or
ill health. It is set up while the
person is still in sound mind.
There are two types: property;
and personal care and welfare.
For a property
EPA, you may need
to pay bills, take care
of bank accounts
and shares, keep
accounts, and sell or
maintain property.
For a personal care
EPA, you may have to
decide on medical
care, accommodation
and the person’s
general wellbeing.
This can run you
into a great deal of
unpaid work. This is
why the job is usually
done by direct family.
Don’t say “yes”
just to be nice. Read
more about it and
maybe take advice
from a lawyer.
56 New Zealand Woman’s Weekly
CONTENTS
may offend
Kevin Milne
CONSUMER
Consumer
With smartphones
getting flasher,
we’re carrying around a
lot of valuables. How
can we make sure we’re
protected? Also, what’s an
Enduring Power of Attorney?
Get protected!
Y
ou have just bought an
expensive smartphone.
If you lose it, can you
claim it on your household
contents insurance?
Most contents policies would
cover the loss, the damage or
the theft of a phone anywhere
in New Zealand. But some
cheaper contents policies only
cover goods that are in your
home. Some may exclude
phones entirely. So call up
your insurer and ask if your
smartphone is covered.
Usually, your contents
insurance will not cover you
if you lose your phone while
overseas, but you may be
covered by travel insurance.
Remember that most contents
insurance requires that you
specifically name items over
a certain value, for example
$1000 or $2000.
As many smartphones now
exceed those values, call your
contents insurer and advise
them of your new phone’s
value. Remember, if you have
“replacement cover”, your
phone will be replaced by
a brand-new model, or an
equivalent if your phone is no
longer on the market. If you
have only “indemnity cover”,
you will get back the current
market value, which may be
significantly less.
GET SMART!
ENSURE YOUR
PHONE IS
PROTECTED
UNDER YOUR
INSURANCE