1Terminal Illness Benefit
Provides an early payment of your Life Cover if you are diagnosed as being terminally ill and likely to die within 12 months. This means you can spend your remaining time with your family and loved ones without worrying about your finances.
2Specified Terminal Conditions Benefit
If you suffer one of the specified terminal conditions, you can choose to have 30% of your sum assured up to $250,000 paid in advance. Some terminal conditions, such as motor neurone disease, offer longer survival rates but can have a significant impact on your lifestyle. This benefit enables you to make any immediate changes to your situation, as required.
3Financial and Legal Advice Benefit
This enables you at claim time to access financial and legal advice from your insurer to an approved financial adviser or legal professional. Most of the insurers we work with will reimburse you for fees up to $2,500 (incl. GST). This is a oneoff payment across all policies for each life assured.
Pays an upfront lump sum of $15,000 which can be used to pay for funeral costs or any other expenses as needed. This payment will be deducted from the life assured’s sum assured.
5Special Events Total Permanent Disablement/ Trauma Facility
We want to make it easy for you to add additional benefits to your Life Cover without needing to provide further medical information. At the time of a special event, you can apply to add a limited amount of ‘accelerated’ Critical Conditions cover, ‘accelerated’ Progressive Care or ‘accelerated’ Total Permanent Disablement cover to your Life Cover.
6Parents Grieving Benefit
If the worst should happen to your child and they pass away, insurers will help with associated expenses. The policy will pay you $2,000 for children aged under 10 years and $15,000 for children between 10-21 years of age.
We will reimburse you for the costs (5% of the Life Cover sum assured up to $20,000) of returning the life assured’s body to New Zealand if they die while overseas. This payment will be deducted from the sum assured.
8Special Events Increase Facility
Enables you to increase the sum assured under your cover following a significant event in your life which results in increasing financial responsibilities. These significant events include: having a child, your child starting secondary school, taking out or increasing a residential home loan or receiving a salary increase and other major events.
9Premium Conversion Facility
You have the option to convert all or part of your sum assured to a level premium structure without further medical underwriting.
Most of our chosen insurer partners will pay up to $2,500 (incl. GST) to cover the cost of a Psychiatrist or Psychologist consultation and counselling for you and/or your family where the treatment directly relates to a claim.
11Suspension of Premium Benefit
Enables you to suspend your life insurance should you go on parental leave or on leave without pay for any reason, for up to 12 months. You cannot claim during this time or in the future for any health related conditions that occur during this suspension period.
Whether you’re at home, travelling or living overseas for any period, you remain insured.