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Life Insurance

Ensure your family or business can manage financially if the worst happens. Life insurance is not just about life or death; it’s about love for your family too.

Nobody has control over how life ends – but you have control over the legacy you leave behind for your loved ones. Life insurance provides you with the opportunity to create a legacy for your family.

There’s a simple financial solution to a difficult question. What will be the financial impact when I die? That’s why planning for the future is a significant factor you can plan today to ensure that your family don’t have to face the financial difficulty when you not around. Simply life Insurance pays your family or the business an amount if you die or become terminally ill.


Medical Insurance

New Zealand has a reasonably good public health system compared to many countries but still with limitations. There are many reasons to consider health insurance to cover the medical cost when you really need it.

One of the main reason is the long waiting list for treatments in most of the public hospitals. It is a fact when serious illness happens people don’t want to standby on the waiting period for months or years. They want an option to get a quick treatment in a private hospital. You may have to pay the cost from your pocket if you are not insured under a medical plan.

Private Medical or Health Insurance pays your medical bills for surgical or non-surgical and non-emergency conditions. This protection allows you to avoid the often-long waiting queues that typically comes with the public healthcare system.


Trauma Insurance

Trauma Cover provides you with a one-off lump sum payment if you’re diagnosed with a serious illness or injury that prevents you from working.

You can use this lump sum on whatever you wish – whether this is medical expenses, paying off the mortgage or taking the family on holiday. What are the chances of you getting a serious sickness before the age of 65 you may ask? Just consider these facts:

  • 25% of stroke sufferers will be under 65.
  • Nearly 2500 breast cancer registrations in one year.
  • Stroke Foundation of New Zealand.
  • New Zealand Health Information Service.


Income Protection

An income protection cover provides you with regular cash flow while you are unable to work in your regular profession due to sickness and injury. If you have a mortgage you cannot afford to ignore income protection. We can provide a tailor-made solution to protect your income – your biggest asset.

What is income protection insurance?

Here's everything you need to know about income protection. Protect your family's financial future with the right cover. Income protection is as simple as it sounds – it's insurance for your income. Can't go to work due to sickness or injury? That's what income protection is for and it will pay you a monthly benefit to replace your salary.

An income protection policy:

  • Pays an ongoing monthly benefit of up to 75% of your pre-tax income until you return to work.
  • Lets you cover your debts and expenses while you're out of work.
  • Provides peace of mind and financial protection for you and your family.

Redundancy Insurance

Redundancy insurance often called unemployment insurance is a form of income protection that can pay out if you lose your job or made redundant.

Policyholders can be paid through a tax-free monthly income which starts after a pre-agreed waiting period (sometimes called the deferred period). This type of insurance is often used to protect mortgage repayments, income or loan repayments. How will you afford to live if you get fired or made redundant and have little to no savings? Will your family be forced to relocate or suffer as a result of your lost income? Will you have to take the first job you can find despite wanting to do something else? These scenarios are all possible without a redundancy insurance policy. Unfortunately, job security seems to be a thing of the past and the threat of redundancy is real. With redundancy cover, you don’t need to face financial disaster because this allows you to purchase affordable comprehensive redundancy insurance.

We understand that life can be stressful but we also know that panic and fear can take over when people lose their jobs. New Zealand redundancy cover is much more affordable than you can imagine and we’ve made it simple to compare quotes from the nation’s leading providers. We can discuss your requirements and choose the right cover for your situation. We help you during claim time and ensure your insurance provider sticks to its promises. We’re always on hand to answer your questions and offer advice. Call our insurance adviser today to find out how we can help you.


Mortgage Protection

Mortgage Protection pays your loan repayments if sickness, injury or disability takes over and you are unable to go to work and meet your financial obligations.

Just like you protect your house from unforeseen circumstances with home and contents insurance it is just as important to protect your ability to pay off your mortgage and keep the house secure. After all, your home is the most important asset you have but it is second to your ability to pay for it with your income.

To ensure you have sufficient insurance to cover yourself and your family in the event of a disability, sickness or injury. You must take mortgage repayment cover at least equal to your monthly mortgage repayments on your home.

Why take Mortgage Protection ?

Mortgage Repayment Cover can help you ease the financial stress on your family by covering the following costs and expenses

PAY YOUR MORTGAGE

Sickness, injury, or disability may affect your earning ability, therefore, mortgage protection insurance can help you pay the loan repayments and ease the financial burden on your family.

MORTGAGE INSTALMENTS

110 % – 115% of Mortgage Instalments – Most insurance companies allow you to cover 110% – 115% of your mortgage instalments meaning you can use the additional money to cover other expenses of your choice.

RENTAL PROPERTY COVER

Some companies provide cover to include mortgage repayment for one rental property in addition to your own home. Any rents you may be getting from the property will be offset against the payment at the time of the claim.

REGULAR PAYOUTS FOR A SPECIFIC PERIOD

Insurance companies will pay your mortgage repayments for a specified period. This can range from 2 years up until you turn 65 or 70 depending on the benefit period chosen. Your mortgage repayment claim payments can start in as little as 4 weeks from the time you lodge the claim

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