Cover for you, your family and your business if illness or injury stops you working. Our brokers in Invercargill, Gore, Balclutha and Dunedin can talk you through the options.
Most people need some of these, not all. Your broker works out which — and what’s missing.
Replaces business income while you can't work
Replaces a portion of the business income each month if you – as a Key Person – are unable to work due to illness/injury. This varies depending on the insurer and type of plan – some are offset/reduced by ACC benefits or other income. These policies will have a ‘wait period’ and then pay regular instalments, which ranges from 6 months up to 2 years. This can be followed up with Personal Income Protection cover that will start after the benefit period ends.
Lump sum on diagnosis of a serious illness
Lump Sum benefit paid upon diagnosis of a serious illness or experiencing a critical health condition (regardless of the ability to work) including but not limited to; heart attack, stroke and cancer.
Lump sum if you can never work again
Lump Sum paid if you were considered by a medical specialist (after 3 months of an illness/injury) unlikely to ‘ever again’ be able to work in your own/any occupation.
Lump sum on death or terminal illness
Lump Sum upon death or diagnosis as terminally ill, which can assist with partnerships buy outs.
Private medical treatment and related costs
Covers the cost of private medical treatment or related costs where necessary. There are a range of plans available that cover surgery/treatment in addition to specialist consultations and diagnostic tests or scans right through to cover for smaller, day-to-day costs (for example GP visits, dental check ups and so on).
Replaces your income while you can't work
Replaces a portion of your current income (up to 75% or 115% of your mortgage/rent repayments) each month if you are unable to work due to illness/injury. This varies depending on the insurer and type of plan – some are offset/reduced by ACC benefits or other income. These policies will have a ‘wait period’ and then pay regular instalments – in many cases up until 65 years of age.
Brokers across our four offices who specialise in Life & Health Insurance. Call them directly or ask for them at your local office.
Tell us a little about what you need and a local broker will come back to you with options.
Because we work for you rather than the insurers, you get straight answers and accurate pricing.
