Each week BusinessDesk and the NZ Herald’s Cooking the Books podcast tackles a different money problem. Today, it’s how to figure out your insurance priorities, and how insurance will change in the future. Hosted by Frances Cook.

Insurance is meant to protect you against life’s worst moments, the things that can make life hard for not just you, but also your loved ones.

But it’s also a little tricky, because the various policies can be expensive, and you have to personalise your strategy.

After all, the things that pose a risk to your quality of life won’t be the same as for someone else.

There’s also the bigger picture to consider here.

After major floods and severe weather around New Zealand, the impacts have been devastating.

As we move past the immediate response, it’s fair to ask, will this change how we live and manage risk through insurance?

To talk about what you need to know, both now and in the future, on the latest Cooking the Books podcast I talked to Insurance Council Chief Executive Tim Grafton.

If you have a question about this podcast, or a question you'd like answered in the next one, come and talk to me about it. I'm on Facebook here, Instagram here, and Twitter here.