Critical Conditions (Trauma) Cover
Need Insurance Advice?
Did you know there are trauma products available in New Zealand that only cover severe trauma events?
The kind that could have major wealth-destroying, financial consequences – with significantly lower premiums, making trauma insurance more affordable in retirement, too.
Insurance advice for New Zealanders is essential, but it is especially critical for those of us who are retired.
What You Get
Critical Conditions Cover or Trauma Cover
With this policy, there are two popular concepts of CCC. A serious condition such as cancer, heart attack, stroke or paralysis is quite common and being diagnosed with any one of 40 conditions can have a huge impact on one’s family or business.
Where life insurance pays out on death or terminal illness, this policy can pay out when the life assured is alive. The proceeds of the policy which is normally a lump sum can repay debt like a mortgage, replace revenue placed at risk in a business situation and can create an emergency fund or cash reserve and boost retirement savings.
The policy can pay 100% of the sum assured or a partial payment if it is carcinoma-in-situ cancer or angioplasty (less than three vessels).
The alternative form still provides the money needed when seriously incapacitated, but rather than paying so in a single lump sum it can pay out more than once.
Talk to Keith Ward
to help determine what level of cover is right for you. Book a no obligation call
Contact Us for an Expert
Consultation Today.
Phone
(+64) 027 288 8813
keith.ward@anchoredadvice.com
