Health, Life, and Risk Protection Insurance
Life
The death of you or your partner would be hard enough for your loved ones to deal with. But putting plans in place now can lessen the financial strain that they may experience at a very emotional time. Not only would your family need to deal with the expected costs such as a mortgage or daily bills, but there may also be unexpected costs such as bringing your family home from overseas.
The purpose of Life Insurance is to protect the loved ones you leave behind. It is a wise and practical choice that can help offer reassurance at a difficult time
Health / Medical :
If you became too unwell, you would want to return back to good health as soon as possible. While New Zealand does have a public health system, you are not always guaranteed fast access to treatment. This means you may be waiting for months in pain and your condition could even deteriorate.
The reality is that while you maybe in good health now, it is likely that you or someone you love will experience a significant health problem. Having faster access to a greater choice of treatment options means you can get back to work faster, so you can continue to earn an income and pay those important expenses such as your mortgage.
Income Protection:
Your greatest asset is your ability to earn an income. So what would happen if you suffered an illness or injury leaving you unable to work?. How long could your family survive?. What would happen if you couldn't pay the mortgage or rent? How would you cope with the demands of your condition while under financial stress as well?
Income protection is a cover that pays a percentage of your lost income - helping you to maintain your lifestyle and support your family until you are no longer disabled*
* (Or maximum benefit period as per your policy)
Trauma Cover:
Who do you know that has suffered from a heart attack or cancer in their working lifetime?. No one ever expects it to happen to them, nut imagine hearing the news that you have a serious medical condition. How would you cope financially during the recovery period? Would the financial stress hinder your progress? How would your partner cope? Would they be able to support you during your recovery as well as continue to work?
With advances in medical technology we have a far greater chance of surviving a trauma/ critical illness than we have in the past. But are we prepared for the financial consequences of survival?
Trauma cover provides you with a one-off lump sum payment if you are diagnosed for the first time with one of the conditions defined in the policy. You can use this lump sum on whatever you wish - whether this is medical expenses, paying off the mortgage or taking the family on a holiday.
Mortgage Repayment :
Provides a payment of your mortgage repayments and your total premium for the period that you are totally disabled due to illness or injury. This is only for the property that you reside in.
Business Extra:
You can insure key persons in your business so that in the event that they are disabled that your business can continue with little disruption and have the ability to employ another to replace them.
Redundancy Insurance:
This cover is combined with Mortgage Protection Insurance and will provide a payment for your mortgage and also give you a payment in your pocket. Conditions do apply to this cover. Ask for Lynne when you contact regarding this product
