Provide assistance for your loved ones with life assurance and trauma/critical illness protection.
Life Assurance
Intended to protect a spouse or partner in the event of your death. The sum is normally calculated to remove debt but can also replace some or all income lost. It is advisable for the main income earner to include a housewife/househusband as they have responsibilities and duties that can only be replaced with additional financial input.
Trauma/Critical Illness
Will pay a lump sum benefit in the event of diagnosis of a serious critical condition such as cancer, stroke or heart attack. Up to thirty conditions are listed below. A trauma such as this can sometimes be as financially destructive as the death of a partner/spouse. A lump sum payment can be made to remove some or all debt, alter your house or move or to assist with increased expenses because of your state of health.
Trauma/Critical Illness – List of Conditions
Angioplasty * **
Cancer
Chronic renal failure
Heart attack *
Major cardiovascular disease
- Coronary artery bypass surgery *
Major transplant surgery
Paralysis
- Paraplegia
- Quadriplegia
Stroke *
Alzheimer’s disease and Dementia
Aplastic anaemia
Chronic liver failure *
Chronic lung disease *
Creutzfeldt-Jakob disease (CJD)
HIV (only for emergency services professionals)
Loss of functionality
- Loss of independent existence
- Permanent blindness *
- Permanent loss of speech, hearing or limbs
Major burns
Major cardiovascular disease
- Aortic surgery *
- Cardiomyopathy
- Heart valve surgery *
- Out of hospital cardiac arrest
- Pulmonary hypertension
Major neurological disease (other than stroke)
- Benign brain tumour
- Coma
- Encephalitis
- Major head trauma
- Motor neurone disease (MND)
- Multiple sclerosis (MS) *
- Muscular dystrophy
- Idiopathic Parkinson’s disease
- Peripheral neuropathy
Paralysis
- Diplegia
- Hemiplegia
* For these conditions a claim cannot be made if they are suffered within three months after the risk commencement date.
** Payment in respect of Angioplasty is limited to a percentage of the Living Assurance Benefit under the policy, subject to a maximum of $30,000. The Living Assurance sum assured will reduce by the benefit paid.
The above descriptions are a general guide only. For a full description of what a policy covers please refer to the agreed wording,or the insurer’s own wording. If you wish to have a copy of the wording please contact us. If you have a specific insurance cover requirement that is not listed, please contact us.