Life, Trauma, Disability and Medical Insurance
There are many different life insurance options designed to ensure that you, your family and your lifestyle are protected should the unexpected happen. Consider the following:
- How could you afford to pay the mortgage if you lost your job?
- If something were to happen to you, how would your family survive financially?
That’s where we come in…our job is to help tailor the best insurance package to suit your particular needs. We ask all the right questions to help ensure that you are only paying for what you need in order to protect your life and lifestyle.
Life & Trauma Insurance
Pays a lump sum for those you leave behind if you pass away or become terminally ill.
If anything happens to you, life insurance enables your family to maintain their lifestyle and financial wellbeing. It is designed to help your loved ones pay for things that you would have assisted with if still alive, such as:
- Paying off the mortgage
- Children’s education and securing their financial future
- Paying the bills, including putting food on the table
- Medical costs, childcare or even an holiday if you become terminally ill
- Contributing to your spouse’s retirement
Important events like getting married, buying a new house or having a baby add further commitment and responsibility to your life and are ideal times to add to, or review your existing cover.
Pays you a lump sum if you suffer from a defined serious illness or condition.
How would your family cope if you suffered a trauma event such as cancer, heart disease or a stroke? The diagnosis of this would be hard enough without having the added worry about your financial security.
Trauma insurance lets you focus on recovery rather than worrying about your finances. It pays you a one-off lump sum if you are diagnosed with one of the critical illnesses listed in the insurance policy. You could then use the benefit to:
- Make changes to your lifestyle, such as reducing your work hours
- Pay off/reduce your mortgage or any remaining debt, or create a cash reserve
- Take time off work or go on a holiday
Some trauma policies fine print can cover over 40 different conditions. We will help you to make sure you are covered for as many conditions as possible without spending extra on your premiums.
Total and Permanent Disablement (TPD)
Pays you a lump sum amount if you become completely disabled due to illness or injury.
If you had to stop working long before you expected, you would still need to be able to pay for your ongoing expenses. In this circumstance, you could use a TPD benefit to spend on whatever you choose. In most cases it’s used to pay off or reduce debt and to help pay for ongoing rehabilitation, treatment and lost income.
Pays you a monthly amount to compensate for your lost income resulting from a disability
due to an injury or illness.
How long could you and your family manage without your income if you were unable to work because of illness or an accident? Income protection can help you pay the bills and other expenses by providing a regular income
Pays you a monthly benefit for up to six months if you are made involuntarily redundant.
Often the benefit does not provide the same income that you would be receiving whilst working. This shortfall can make it difficult to meet basic living costs and other expenses such as your mortgage payments. Redundancy cover closes this gap, and takes the pressure off so that you are able to meet short term financial obligations whilst looking for your new job.
*It can only be taken out with Income Cover and/or Mortgage Repayment Cover
Mortgage Repayment Cover
Pays you a monthly amount to cover your mortgage repayments if you become totally disabled as a
result of injury or illness.
Your mortgage is often your biggest asset as well as your biggest expense, so it makes sense to ensure that it’s covered should anything happen to you. No one wants to face having to move themselves and their loved ones out of the family home in rough times. Safeguard your family’s future and ensure your home stays in your hands.
Did you know? In the year to June 2015 average weekly mortgage payments were $400.20*
*Statistics NZ Household Economic Survey (Income). Year ended June 2015
Surgical and Hospitalization
Helps you cover expensive medical costs related to hospital and surgical procedures.
It means you avoid public health waiting lists, and potential financial costs associated with being off work whilst you are waiting for treatment. It also gives you the flexibility to seek treatment with your chosen provider.
Specialists and Tests
This insurance covers costs associated with seeing a specialist and any tests that they require.
This additional cover can often save precious time when you need it most. If you have a life threatening illness, waiting to go through the public health system can often take longer than you think! Time that could possibly be spent getting a diagnosis and starting treatment as quickly as possible. Importantly, it also allows you to choose the best specialist available.
GP and Prescriptions
This cover is designed to help you with everyday health care costs so that you can afford to maintain
your health and have a life too!
If your current budget is taken up by everyday living costs, day to day health expenses such as seeing a doctor, dentist or physio can add up quickly. It can be tempting to put off looking after your health when there are more exciting things such as travel and entertainment to spend your money on, but maintaining your health is one of the most important things you can do.
Dental & Optical
Is used to protect a healthy smile and vision - it pays for routine eye exams and costs associated with glasses and lenses, as well as a wide range of routine, preventative and major dental treatments.
There's no question that dental and optical work is expensive, especially when you need to have major work done. Did you know that regular eye exams can often detect major medical problems in their early stages of development e.g. high blood pressure and diabetes?