Live your life, while we protect your future.

Size: px
Start display at page:

Download "Live your life, while we protect your future."

Transcription

1 Live your life, while we protect your future. Personal Cover A simple guide to looking after you and yours

2 We re all familiar with the concept of maintaining physical health, with good food and exercise, but how often do you think about your long-term financial health? It s all about risk planning and management identifying the events that have the potential to rock your boat and then making plans to stay afloat. Protecting your financial wellbeing, at every stage of life. Do a quick financial check-up Similar to a medical check-up, a financial health check aims to identify your current financial strengths and weaknesses by working through the five areas of personal risk that are likely to affect you. The information you ll gather will help you and your AIG Life adviser to make good decisions about risk management solutions. The five areas of personal risk: 1. Health problems requiring hospitalisation. 2. Being unable to work for several months. 3. Suffering a trauma (illness or accident). 4. Being unable to work ever again. 5. Premature death.

3 The first risk: Health problems requiring hospitalisation The first risk You can t predict what health problems will happen to you in the future, and you can t foresee how they ll impact on your family, lifestyle and earning ability. It s important to remember that not all treatments or costs are covered by the public health system, and you often have no control over the timing or quality of the care you receive. However if you have health insurance, you can choose your doctor or specialist, and you can choose when and where you are treated - all with the assurance that you ll be able to recover all or most of the costs. Ask yourself: How would it impact your life to be on a public hospital waiting list for six months or longer? How much would it cost to get treatment for a non-acute condition? Where would this money come from? Indicative costs of procedures* as at March 2006 (inc GST) Cardiac bypass (heart surgery) $25,000 - $35,000 Valve replacement (heart surgery) $32,000 - $42,000 Angiogram (diagnostic test) $3,400 - $4,000 Angioplasty - without stents (heart surgery) $12,000 - $14,000 Angioplasty - with 2 stents (heart surgery) $17,000 - $20,000 Total hysterectomy (surgery) $4,800 - $8,000 Laparoscopic hysterectomy (surgery) $8,000 - $11,000 Laparoscopic excision of endometriosis (surgery) $4,500 - $12,000 Prostate removal (cancer surgery) $7,000 - $12,000 Prostate brachytherapy (cancer surgery) $20,000 - $30,000 Excision of cancerous skin lession $350 - $3,000 Colonoscopy (diagnostic test) $950 - $1,500 Radical mastectomy (breast cancer surgery) $3,500 - $8,000 Gastroscopy (diagnostic test) $600 - $1,000 Laparoscopic cholecystectomy (gall bladder surgery) $4,500 - $7,500 Total hip replacement (surgery) $13,000 - $20,000 Total knee replacement (surgery) $13,000 - $20,000 Cataract removal (eye surgery) $2,600 - $3,500 Thyroidectomy (surgery) $5,000 - $8,000 *Procedure costs will vary depending on the location, the medical practitioner/s, any medical complications, and the medical procedure and technology used. Source: Health Funds Association of New Zealand. Example: At age 42, Greg discovered he had high blood pressure during a routine health check. His GP sent him to a cardiologist for tests and advice. Greg started taking daily medication and made some lifestyle adjustments, but eight months later started to experience angina pains in his chest. His cardiologist sent him for an angiogram (a test that shows blood flow through the heart arteries), which revealed that his best hope for a long life was coronary bypass surgery. Over a period of 12 months, Greg s specialist and surgery bills totalled more than $60,000. Fortunately he had health insurance, which covered the full cost less a $500 excess. Risk management for health problems Health cover generally means no waiting list. It pays for the hospitalisation and surgical treatment you need, including the specialist visits that lead up to it.

4 The second risk: Being unable to work for several months An accident, illness or temporary disability at some time during your working life is a very real possibility. The second risk Recovery from a car crash; a sporting injury; a temporary but serious illness; a mental health problem; occupational overuse syndrome - any of these issues could require months off work. Sick pay generally only covers a few days absence every year, so what would you fall back on? Ask yourself: If you were unable to work because of illness or an accident, how would you cover debt repayments (mortgage, credit card, personal loans)? How would you pay regular household expenses? Your quick analysis Expenses Monthly cost Mortgage repayments Other loan repayments Food and utilities (power, water, gas) Other expenses (school fees, vehicle running, clothes) Total Monthly Expenses $ Risk management for being unable to work Income Protection provides you with an ongoing income (up to 75% of your usual income) typically until either you are well enough to work again or until your benefit period is reached. Example: 58-year-old Dave was rushed to hospital with severe chest pain. He had angioplasty (surgery that restores normal blood flow through a clogged artery), but continued to have ongoing pain despite his treatment. Normally, Dave could have expected to be back at work within weeks following his surgery, but his recovery was not as quick as he d hoped. Ten months following his first hospitalisation, he was still unwell and unlikely to be able to return to his construction job in the near future. While all this was going on, Dave s income protection insurance helped to cover mortgage payments and living expenses for his family.

5 The third risk: Suffering a trauma A trauma is a serious illness or disability, such as critical cancer, heart attack or paralysis. Statistics tell us that two in five people (40%) will experience a critical illness before age To plan for this risk, you need to think how your household would be affected if you or another income earner were to become critically ill. 1. General Cologne Life Re Australia Ask yourself: How would you pay for specialised medical treatment not covered by the public health system? How would you manage, reduce or service debt repayments (mortgage, credit card, personal loans)? The third risk How would you afford regular household expenses? Your quick analysis Current and Future Liabilities Amount Mortgage Other debts Cash for treatment Total Monthly Expenses $ Risk management for trauma Trauma Cover pays a lump sum when specific conditions, as specified in the policy wording, are diagnosed. The sum can be used for any purpose reducing debt, living expenses or a recuperative holiday. Example: After a doctor s examination, 31-year-old Marie was told she had haemorrhoids. She was referred to a specialist. The specialist performed a sigmoidoscopy and discovered what he believed was a rectal carcinoma, a form of bowel cancer. Marie had more tests, which confirmed the specialist s diagnosis. After an initial major surgery, Marie had several follow-up surgeries over a period of 12 months. Her trauma benefit paid a lump-sum that enabled her to reduce her liabilities and pay for alternative therapies that aided recovery.

6 The fourth risk: Being unable to work ever again You could reach this point in your life quickly or slowly. Illness can gradually erode your health until you re unable to work ever again; a serious accident could leave you totally and permanently disabled. Statistics tell us that for every death in our country, 17 people will become disabled to the point where they can t work 2. When working life comes to a premature stop, there are both present and future needs to consider. 2. *BERL Disablement Research, National Health Statistics Centre Ask yourself: In the short and medium term, how will you take care of debt and pay for living expenses? How will you take care of future needs, such as education, helping your kids into their first homes or funding retirement? Your quick analysis Current and Future Liabilities Mortgage Amount The fourth risk Other debts Family requirements Retirement funding Total Monthly Expenses $ Risk management for being unable to work Total Permanent Disablility Cover normally pays a lump-sum if you are permanently disabled due to illness or accident. The sum can be used for any purpose, but it is particularly useful for eliminating or reducing debt and replacing future income loss. Example: 53-year-old Robbie was on his way to work when a commercial van pulled out in front of him. The ensuing collision gave Robbie a fractured tibia requiring external fixation; he also suffered several fractured ribs. Robbie developed a chronic compartment syndrome in the lower portion of his damaged leg. After three surgeries he was left with a significant permanent disability and an ongoing need for medical care. He was unable to return to his teaching job. Because he had an own occupation total permanent disability policy, he was able to make a claim which provided him with the funds to help plan for his future.

7 The fifth risk: Premature death In New Zealand, one in six men and one in nine women over 30 will die between the ages of 30 and While it s easy to say that won t be me, denying the possibility of premature death is like playing Russian roulette. Premature death isn t really about you, it s about the people who depend on you for financial and emotional support. They ll need help in the short, medium and long term. 3.Statistics New Zealand (2004), New Zealand Life Tables Ask yourself: If you were diagnosed with a terminal illness and likely to die within a year, how could you ensure quality time with your family before you go? Who will pay the funeral expenses? Will the family home have to be sold? Will your partner/spouse be earning enough to cover regular living expenses? What about the things you d wish for your kids, such as great holidays and a good education? Your quick analysis Current and Future Liabilities Amount Mortgage Other debts Family income requirements Other future requirements (e.g. retirement of spouse) Total Monthly Expenses $ Risk management for premature death Life Cover pays out if you die prematurely. It also gives you the option of full payment if you are diagnosed as terminally ill. Payment can either be a lump-sum, a regular payment or a combination of both. Example: Lisa, a 29-year-old mum with two children under 10, could only afford trauma cover and life cover. As it turned out, she made a wise choice because a year later she was diagnosed with breast cancer and had to have a double mastectomy. While Lisa was able to claim on her trauma cover, tragically the cancer returned and brought with it a terminal diagnosis. By claiming the terminal illness benefit of her life cover, Lisa was able enjoy her final months with her family without the pressure of financial worries and even took them to Disneyland. She died at age 32 knowing their future was financially secure. The fifth risk

8 The value of good advice Personal cover at a glance While it s easy to recognise that you need one or several forms of personal insurance, choosing the plans and doing the figures requires professional advice. AIG Life personal insurance products are only available through our network of professional advisers, so that you get the qualified guidance that s necessary for intelligent insurance decisions. A good adviser will walk you through the risks, do a thorough needs analysis, provide options and then let you make the final choices. Ideally, you should review your personal insurance needs at least every two years, so that cover can evolve along with your life. An extra child, a bigger mortgage or kids leaving home are circumstances that can change your insurance needs. Are you a business owner? Planning for and managing your personal risks is potentially a waste of time if you haven t looked after the risks associated with your business. Business liabilities could impact your personal finances, eroding the insurance comfort zone you ve created around your family. Talk to your AIG Life adviser about business insurance products that can help. Risk Management Benefit Your adviser s strategy recommendation Health problems Health Insurance Get the quality health treatment you need, when you need it. We offer a choice of two types of policy to provide you with surgical and non-surgical private hospital care, as well as many other useful benefits. Unable to work for several weeks or months Income Protection Your ability to earn money is probably your most valuable asset. You can look after it with Income Protection insurance, which pays a benefit if you re unable to work due to sickness or accident. Diagnosed with a traumatic condition Trauma Cover Did you know that one in five people will experience a critical illness between the ages of 35 and 65? This cover pays a lump sum for specified serious illnesses or accidents. Permanently disabled Total Permanent Disability Nobody likes to think about becoming disabled, but permanent disability affects as many as 20% of New Zealanders. This valuable cover pays a lump sum if you suffer total and permanent disability. Premature death Life Cover If you have dependents or ongoing financial commitments, Life Cover provides essential reassurance. It pays a lump sum if you die before 65; there s also a terminal illness benefit. Permanent Term This innovative type of term Life Cover presents you with some attractive options after 10 years. One of your options is to have all your premiums refunded. All of our Personal Cover Solutions in depth >

9 Superior Health The first risk: Health problems requiring hospitalisation Superior Health Cover Get the quality health treatment you need, when you need it. We offer a choice of two types of policy to provide you with surgical and non-surgical private hospital care. The second risk: Being unable to work for several months Income Protection Cover Income Protection helps look after one of your most valuable assets your ability to earn money. It provides financial support if you re unable to work for an extended period of time. Who s it for? Families: Health cover lets you act quickly when someone in your family needs specialist treatment or an operation. Health cover is particularly important for income earners, because it can be difficult to keep working while you re waiting for treatment through the public health system. Common children s operations, such as grommets and tonsillectomy, won t require weeks of painful waiting. Couples: For couples, health cover provides essential reassurance that you can afford surgery or specialist treatment as soon as it s needed. Cover looks after you at every stage of life - from a youthful hernia operation right through to the hip replacement years. Single Adults: Imagine having to wait months, maybe years, for a knee or hip operation. With health insurance, you generally get the treatment you need quickly so that you can remain independent. What do you get? Surgery in a private hospital You re covered for expenses incurred for surgery in a private hospital in New Zealand. Referral from a specialist is required. This benefit covers surgeon s and anaesthetist s fees, theatre fees, post-operative and ancillary charges, high dependency unit charges, nursing fees, prostheses, hospital accommodation, diagnostic procedures and specialist consultations. Treatment in a private hospital You re covered for private hospital treatment that doesn t require surgery. Referral from a specialist is required. This benefit covers charges for chemotherapy and radiotherapy, prescription drugs listed on the PHARMAC schedule, cardiologist fees and angiography, hospital accommodation, diagnostic procedures and specialist consultations. Home nursing You re covered for the cost of home nursing care up to six months after private hospitalisation. Overseas treatment grant If treatment can t be provided in New Zealand, this benefit pays up to a maximum of $20,000 to offset the cost of overseas treatment. Other special benefits Our health cover includes many other special benefits: Specialist minor surgery, complications of pregnancy and childbirth, medical misadventure benefit, funeral benefit, public hospital cash benefit and hospice cover. Alternative Cover Superior 3 Health Cover: All the benefits of Superior Health Cover, plus cover for most pre-existing medical conditions after the policy has been in force for three years. Quick facts Your age You need to be between 16 and 65* years of age to get Superior Health Cover. Premiums Five-yearly stepped from age 20 to 64. Level from age 65 (yearly renewable). Excess options Nil, $250, $500, $1,000 or $2,000. *Individual consideration will be given to ages outside this range. Who s it for? Families: This type of insurance is very important for income-earners. If the person insured is unable to work, due to sickness or accident, Income Protection Cover provides a monthly replacement income. Couples: For couples with joint financial responsibilities, Income Protection Cover is a way to take care of expenses if either of you is unable to work due to sickness or accident. Single Adults: Even if there s only you to worry about, Income Protection Cover is valuable. It replaces your income to ensure you can still support yourself. What do you get? Income protection If you re unable to work in your own occupation for more than 10 hours a week, due to sickness or accident, you ll receive a monthly income that s up to 75% of your pre-tax income. You ll have money to support your lifestyle when the sick pay runs out. Agreed value or indemnity value With agreed value, the income you normally receive at claim time is agreed when you first take out cover. With indemnity value, the income you receive at claim time is equivalent to 75% of the best consecutive 12 months income over the 36 months before you claimed, or the amount specified in the policy schedule less offsets, whichever is least. Booster option If you take this option, at claim time you ll receive an additional benefit of up to one third of your total disability benefit for up to three months. Split benefit option To reduce monthly premiums, you can split your cover into two parts and give each part a different waiting period and benefit amount. Alternative Cover Vital Income Protection: Provides an income in the event of a disability caused by one of the defined critical illness conditions. Key Person Benefit: Provides an income benefit if a key person in your business is disabled and unable to contribute to the income of the company. Business Overheads Cover: Pays 100% of allowable business expenses eligible at the time of claim. Farmers Benefit: Covers a percentage of the farm s gross turnover to an agreed level. Waiver of Premium: Pays your insurance premiums when you can t work because of illness or disability. Quick facts Your age You need to be between 16 and 59* or 16 and 54 years of age (depending on occupation class) to get Income Protection Cover. Duration of policy Policies are annually renewable to age 65. Standard features Bed confinement benefit, occupational retraining benefit, rehabilitation benefit, total permanent disability benefit. Benefit periods Two years, five years, to age 65. Waiting periods 4, 8, 13, 26, 52 or 104 weeks. Premium options One year, five year, level (not guaranteed). Optional benefits Rural income protection benefit, booster benefit. *Individual consideration will be given to ages outside this range. Income Protection

10 The third risk: Suffering a trauma The fourth risk: Being unable to work ever again Trauma Cover Did you know that one in five people will experience a critical illness between the ages of 35 and 65? This cover pays a lump-sum for specified serious illnesses or accidents. Who s it for? Families: Trauma Cover provides valuable reassurance for income-earners; it s also important for a partner who s at home caring for children and looking after the home. If the person insured has a bad accident or is diagnosed with a major illness, money from a Trauma Cover claim can replace income, help with health expenses or even pay for a family holiday. Total Permanent Disability Nobody likes to think about becoming disabled, but permanent disability affects as many as 20% of New Zealanders. This valuable cover pays a lump sum if you suffer total permanent disability. Who s it for? Families: This cover provides valuable reassurance for income-earners; it s also important for a partner who s at home caring for children and looking after the home. If the person insured suffers total and permanent disability, money from a claim can replace income, help with health expenses or pay for house modifications. Trauma Cover Couples: For couples with joint financial responsibilities, Trauma Cover is a way to soften the stress of a major illness or accident. The lump-sum payment from a claim could be used to clear mortgage commitments or allow a couple of years off work. Single Adults: Trauma Cover can provide you with the ability to look after yourself financially if you become critically ill or have a serious accident. It s a way to stay independent. What do you get? Critical illness or accident cover A lump sum that s payable if you suffer a specified critical illness or accident while the policy is active. This money can help your family, spouse and/or partner. Life Cover buy-back If you have accelerated Trauma Cover and make a claim, you ll receive a lump-sum payout that may be equivalent to your Life Cover. This feature means you can buy back your Life Cover without needing to provide evidence of health. Funeral benefit We will pay a funeral benefit of $5,000 if you die during the term of your Trauma Cover policy and no Trauma Cover benefit is payable. Angioplasty benefit Cover for angioplasty is included, in addition to the listed critical illnesses. If you have an angioplasty, you ll receive 10% of the Trauma Cover sum assured up to a maximum of $25,000. Special events increase At certain times you can increase your Trauma Cover amount by up to $150,000 without further medical evidence. These special events include marriage or civil union, divorce or legal separation, birth or adoption, salary increase or career change, taking full-time care of a dependant, tertiary education of a child or increasing your mortgage. This feature makes it easy to adjust cover to fit your changing life. Optional cover You can choose to add a Women s Additional Cancer or Male Prostate Removal benefit. Claims pay 10% of the Trauma Cover sum assured up to a maximum of $25,000. You can also add cover for children aged between three and 21 years. Reinstatement option This option allows reinstatement of up to 50% of the original Trauma Cover claim paid. The reinstated cover is for non-related critical illnesses. What health events are covered? Accidentally acquired HIV Alzheimer s disease Aplastic anaemia Blindness Chronic liver failure Chronic lung disease Cognitive impairment Coma Coronary artery surgery Critical cancer Major head trauma Heart attack Heart valve replacement Kidney failure Loss of independent existence Loss of the use of two limbs or one limb and sight of one eye Major burns Major organ transplant Multiple sclerosis Muscular dystrophy Paralysis (quadriplegia, paraplegia, diplegia, hemiplegia) Parkinson s disease Permanent loss of hearing Permanent loss of speech Pulmonary arterial hypertension (primary) Stroke Surgery to the aorta Quick facts Your age You need to be between 16 and 64* years of age to get Trauma Cover. Duration of policy Policies are annually renewable to age 69. Type of cover Level or inflation linked. Accelerated or standalone. Maximum cover $2,000,000. Premium guarantees You can ensure that your premium stays the same by choosing a premium guarantee period of one, five or 10 years, or by taking the Level to Age 65 option. ** *Individual consideration will be given to ages outside this range. ** Premium rates may increase due to age changes. Couples: For couples with joint financial responsibilities, this cover could be used to clear mortgage commitments or create an income-earning investment fund. Single Adults: Total Permanent Disability Cover can provide you with the ability to look after yourself financially if you re not able to work again. What do you get? Cover anywhere in the world You re covered 24 hours a day, anywhere in the world. Choice of accelerated or standalone Total Permanent Disability Cover can be either an accelerated payment against your Life Cover benefit, or a standalone payment which is additional to Life Cover. Special events increase At certain times you can increase your Total Permanent Disability Cover amount by up to $150, 000 without further medical evidence. These special events include marriage or civil union, divorce or legal separation, birth or adoption, salary increase or career change, taking full-time care of a dependant, tertiary education of a child or increasing your mortgage. This feature makes it easy to adjust cover to fit your changing life. Life Cover buy-back If Total Permanent Disability Cover is written in conjunction with a death benefit, you have the option to replace the full amount of the accelerated death benefit following a Total Permanent Disability Cover claim on the first anniversary of the claim. This can be done without further evidence of health. Any occupation option You can claim the full cover amount if you re unable to do a similar kind of work as a result of injury or illness for a period of six consecutive months, after consideration of medical evidence, that you are unable to ever engage in work again. Own occupation option You can claim the full cover amount if you re unable to do your usual job as a result of injury or illness for a period of six consecutive months, after consideration of medical evidence, that you are unable to ever engage in work again. Quick facts Your age You need to be between 16 and 59* years of age to get Total Permanent Disability. Duration of policy Policies are annually renewable to age 65. Type of cover Level or inflation linked. Accelerated or standalone. Maximum cover $5,000,000.** Premium guarantees You can ensure that your premium stays the same by choosing a premium guarantee period of one, five or 10 years, or by taking the Level to Age 65 option. *** *Individual consideration will be given to ages outside this range. **Up to $3,000,000 on any or own occupation basis, plus $2,000,000 on an Activities of Daily Living basis. *** Premium rates may increase due to age changes. Total Permanent Disability

11 The fifth risk: Premature death Life Cover Life Cover pays out if you die. It s designed to look after the people who depend on you. It can also be used to help tidy up financial commitments. Permanent Term This innovative type of term life cover presents you with some attractive options after 10 years. One of your options is to have all your premiums refunded. Who s it for? Families: Life Cover is very important for income-earners, but it s also important for a partner who s at home caring for children and looking after the home. If the person insured dies, money from a Life Cover claim can replace income or pay for essential home services to keep the family functioning. Who s it for? Families: Permanent Term can be very useful for income-earners, but it s also important for a partner who s at home caring for children and looking after the home. If the person insured dies, money from a claim can replace income or pay for essential home services to keep the family functioning. Couples: For couples with joint financial responsibilities, Life Cover is a way to ensure future security. The lump-sum payment from a Life Cover claim could be used to clear mortgage commitments or provide a retirement investment fund. Couples: For couples with joint financial responsibilities, Permanent Term is a way to ensure future security. The lump-sum payment from a claim could be used to clear mortgage commitments or provide a retirement investment fund. Single Adults: Life insurance can cover funeral costs. It can also provide support for an elderly parent or anyone else in the family who could benefit from financial support. Single Adults: Permanent Term can cover funeral costs. It can also provide support for an elderly parent or anyone else in the family who could benefit from financial support. What do you get? Terminal illness benefit If you re diagnosed with an illness and are likely to die within 12 months, an accelerated payment of 100% of the sum assured may be paid. You could use this money to ensure quality time with your family before you die. Funeral benefit If you die while the policy is active, an accelerated payment of $7,500 may be made to help with funeral expenses. Death cover A lump-sum that s payable if you die while the policy is active. This money can help your family, spouse and/or partner to maintain their current lifestyle. Special events increase At certain times you can increase your Life Cover amount by up to $150,000 without further medical evidence. These special events include marriage or civil union, divorce or legal separation, birth or adoption, salary increase or career change, taking full-time care of a dependant, tertiary education of a child or increasing your mortgage. This feature makes it easy to adjust cover to fit your changing life. Conversion Before you reach age 65, you can convert all or part of your Life Cover benefit to a Permanent Term policy without additional medical checks. Future insurability option This option allows you to increase the sum assured by 20% every two years, for a maximum of five times, over the first 10 years of your policy without further medical evidence. Special conditions apply. Interim accidental death cover In the period between applying for Life Cover and having your application accepted, you are covered for accidental death for the sum assured you ve chosen up to a maximum of $500,000. Some exclusions apply. Monthly benefit option Life Cover can be paid as a monthly benefit instead of a lump sum. Talk to your AIG Life adviser about this option. Accidental death option If your age or a pre-existing condition makes Life Cover unaffordable, talk to your AIG Life adviser about Accidental Death Cover, which pays a lump-sum payment if you die in an accident. Quick facts Your age You need to be between 16 and 59* years of age to get Life Cover. Duration of policy Policies are annually renewable to age 99. Premium guarantees You can ensure that your premium stays the same by choosing a premium guarantee period of one, five or 10 years, or by taking the Level to Age 65 option. ** What do you get? Choice of contracts Permanent Term gives you several options after 10 years of cover. You can have all your premiums refunded; you can continue with a certain level of cover, with the option of getting premium refund later; or you can extend cover to a set age without any further premium payments. Death cover An annually renewable lump-sum product that s payable if you die while the policy is active. This money can help your family, spouse and/or partner. Special events increase At certain times you can increase your Life Cover amount by up to $150,000 without further medical evidence. These special events include marriage or civil union, divorce or legal separation, birth or adoption, salary increase or career change, taking full-time care of a dependant, tertiary education of a child or increasing your mortgage. This feature makes it easy to adjust cover to fit your changing life. Life Cover Terminal illness benefit If you re diagnosed with an illness and are likely to die within 12 months, an accelerated payment of 100% of the sum assured may be paid. Future insurability option This option allows you to increase the sum assured by 20% every two years, for a maximum of five times, over the first 10 years of your policy without further medical evidence. Special conditions apply. Quick facts Your age You need to be between 16 and 69* years of age to get Permanent Term Cover. Premium options Guaranteed; level or indexed. Contract options Permanent Term Plus (PT+) Permanent Term 10 (PT10) *Individual consideration will be given to ages outside this range. Permanent Term * Individual consideration will be given to ages outside this range. ** Premium rates may increase due to age changes.

12 About AIG Life The global story AIG is the world s leading international insurance and financial services organisation, with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance network of any insurer. In the United States, AIG companies are the largest underwriters of commercial and industrial insurance and AIG American General is a top-ranked life insurer. AIG s global businesses also include retirement services, financial services and asset management. AIG s financial services businesses include aircraft leasing, financial products, trading and market making. AIG s growing global consumer financial business is led in the United States by American General Finance. AIG also has one of the largest U.S. retirement services businesses through AIG SunAmerica and AIG VALIC, and is a leader in asset management for the individual and institutional markets, with specialised investment management capabilities in equities, fixed income, alternative investments and real estate. AIG s common stock is listed in the U.S. on the New York Stock Exchange and ArcaEx, as well as the stock exchanges in London, Paris, Switzerland and Tokyo. The local story Until recently AIG Life was known as AIA New Zealand. Our name change aligns us with our global organisation, making it easier for customers to recognise the international significance of our brand. Since the company arrived in New Zealand in 1981, we ve consistently provided the market with innovative personal and business insurance products that suit the Kiwi way of life. Today we re a market leader, offering a complete range of risk management products. It s always been our strategy to sell our products through independent financial advisers, aware that their aim is to provide clients with informed, unbiased advice. Our products perform very well in this open market sales situation, because the size of our global operation allows us to provide exceptional benefits and value for money. Protect your life, while we protect your future. AIG Life is based in Takapuna, Auckland with regional offices in Wellington, Hamilton and Christchurch. However, through our adviser network, we reach every corner of the country. AIG Life is a member of the Investment Savings and Insurance Association (ISI), the Insurance & Savings Ombudsman Scheme (ISO) and Health Funds Association of New Zealand (HFANZ).

13 Disclaimer: AIG Life has made all reasonable efforts to ensure that the information in this guide is correct as at the date of printing. This guide is provided by way of general information only and is not to be relied upon as a substitute for obtaining professional advice on the specific circumstances of the individual or business. Please note the information contained in this guide is a summary only and should not be regarded as a full explanation of the contract. Please refer to the terms and conditions of the policy document for full details of the contract and the limitations and exclusions that apply. All appllications are subject to individual consideration. Special terms, exclusions and premium loading may apply to individual applications. Policies underwritten by American International Assurance Company (Bermuda) Limited, trading as AIG Life.Ł A member of American International Group, Inc. American International Assurance Company (Bermuda) Limited, trading as AIG Life. A Member of American International Group, Inc.

PROTECTION PERSONAL. Live your life, while we protect your future. A quick guide for looking after you and yours.

PROTECTION PERSONAL. Live your life, while we protect your future. A quick guide for looking after you and yours. PROTECTION PERSONAL Live your life, while we protect your future A quick guide for looking after you and yours. Personal Cover Protecting your financial wellbeing Recognise the risks There are five key

More information

REAL Trauma Cover. What is it?

REAL Trauma Cover. What is it? PROTECTION PERSONAL REAL Trauma Cover What is it? REAL Trauma Cover pays you a lump sum of up to $2 million if you suffer any of the 43 critical illnesses specified in the policy, such as cancer, heart

More information

PROTECTION MORTGAGE. Live your life, while we protect your mortgage. Looking after your home and family.

PROTECTION MORTGAGE. Live your life, while we protect your mortgage. Looking after your home and family. PROTECTION MORTGAGE Live your life, while we protect your mortgage Looking after your home and family. Mortgage Cover Protecting your financial wellbeing at every stage of life. An important financial

More information

AMP Risk Protection Plan Booklet. Protect what s most important to you

AMP Risk Protection Plan Booklet. Protect what s most important to you AMP Risk Protection Plan Booklet Protect what s most important to you No matter how cautious we are, the unexpected can happen to any one of us, at any time. And our lives can change in a split second.

More information

ARE YOU PREPARED FOR A SERIOUS ILLNESS? WHAT IS LIVING ASSURANCE? WHAT DOES IT OFFER ME?

ARE YOU PREPARED FOR A SERIOUS ILLNESS? WHAT IS LIVING ASSURANCE? WHAT DOES IT OFFER ME? ARE YOU PREPARED FOR A SERIOUS ILLNESS? It s a fact of life that we all get sick, and sometimes seriously. The cost of recovery from an illness like cancer or from a heart attack can have a huge impact.

More information

Though not a pleasant thought it's important to think about this: when you die, who will you leave behind?

Though not a pleasant thought it's important to think about this: when you die, who will you leave behind? Personal insurance There are many risks you face during your lifetime, but the most serious ones you will face are death, disability, serious illness and/ or medical intervention (surgery). These can happen

More information

Zurich Life Risk Trauma cover

Zurich Life Risk Trauma cover Product Summary Issued 21 December 2015 Zurich Life Risk Trauma cover Adviser use only Trauma insurance provides a lump sum payment on diagnosis or occurrence of a covered trauma. This is a summary only

More information

Life Living Assurance Customer guide LIVING ASSURANCE. TotalCareMax Customer guide. Life. Take charge. sovereign.co.nz

Life Living Assurance Customer guide LIVING ASSURANCE. TotalCareMax Customer guide. Life. Take charge. sovereign.co.nz Life Living Assurance Customer guide LIVING ASSURANCE TotalCareMax Customer guide Life. Take charge. sovereign.co.nz WHAT IS LIVING ASSURANCE? Living Assurance provides you and your family with peace of

More information

Asteron Life Personal Insurance

Asteron Life Personal Insurance Asteron Life Personal Insurance What lump sum covers are available with Asteron Life Personal Insurance? Life Cover Life Cover insurance pays a lump sum of money if you pass away or become terminally ill.

More information

What is it? Why do I need it? Key features. Main benefits. REAL Support. Peace of mind cancer care:

What is it? Why do I need it? Key features. Main benefits. REAL Support. Peace of mind cancer care: Protection personal Real Health What is it? REAL Health provides you and your family with high levels of insurance to cover the rising costs of surgical and medical treatments available privately in New

More information

Accelerated Protection. Do I need Critical Illness insurance?

Accelerated Protection. Do I need Critical Illness insurance? Accelerated Protection Do I need Critical Illness insurance? Are you prepared? It s a fact of life that we all get sick, and sometimes seriously. The cost of recovery from an illness like cancer or heart

More information

SIMPLY THE ESSENTIALS

SIMPLY THE ESSENTIALS PERSONAL INSURANCE SIMPLY THE ESSENTIALS TotalCareMax Essential Disability Income Protection SOMETHING TO THINK ABOUT While your health may suffer a setback, your finances and lifestyle shouldn t have

More information

Progressive Care Insurance for life A NEW TYPE OF INSURANCE

Progressive Care Insurance for life A NEW TYPE OF INSURANCE Progressive Care Insurance for life A NEW TYPE OF INSURANCE New Progressive Care from Sovereign Progressive Care is a type of insurance that is new to New Zealand. It s not a traditional all-or-nothing

More information

Additional General Information regarding Personal Protection

Additional General Information regarding Personal Protection Additional General Information regarding Personal Protection Information regarding the research we used The research house we subscribe to regarding personal protection is Omnium. In a separate document

More information

Product Disclosure Statement Version 11, Issued 21 May 2012. Life s better with the right partner AIA.COM.AU. Priority Protection

Product Disclosure Statement Version 11, Issued 21 May 2012. Life s better with the right partner AIA.COM.AU. Priority Protection Priority Protection Product Disclosure Statement Version 11, Issued 21 May 2012 Life s better with the right partner AIA.COM.AU Who issues Priority Protection? This Product Disclosure Statement ( PDS )

More information

INSURANCE. Agribusiness Extra

INSURANCE. Agribusiness Extra INSURANCE Agribusiness Extra Agribusiness Extra provides insurance cover specifically designed to protect the unique needs of those who work in the agricultural sector. It aims to protect the financial

More information

Home Loans. Freehold Mortgage Protection

Home Loans. Freehold Mortgage Protection Home Loans Freehold Mortgage Protection ensuring your home stays in your hands Secure the roof over your head Buying a home is a major step in life. The last thing you want to see is your home slip out

More information

Freehold Mortgage Protection

Freehold Mortgage Protection Home Loans Freehold Mortgage Protection en s urin g your 2694 0209 HL Freehold Mortgage brochure.indd 1 n home stays i ds n ha r you 19/2/09 3:36:11 PM Secure the roof over your head Buying a home is a

More information

Asteron Life Business Insurance

Asteron Life Business Insurance Asteron Life Business Insurance What lump sum covers are available with Asteron Life Business Insurance? Life Cover Life Cover pays a lump sum of money if you pass away or become terminally ill. Total

More information

Zurich Life Risk Zurich Protection Plus

Zurich Life Risk Zurich Protection Plus Product Summary Issued 1 March 2015 Zurich Life Risk Zurich Protection Plus Adviser use only Zurich Protection Plus is a flexible package which allows you to choose any combination of Death cover, TPD

More information

Insurance. Product Disclosure Statement. Life Insurance Superannuation Plan & Income Insurance Superannuation is closed. Document not up to date.

Insurance. Product Disclosure Statement. Life Insurance Superannuation Plan & Income Insurance Superannuation is closed. Document not up to date. Insurance Product Disclosure Statement Life Insurance Plan Trauma Insurance Plus Plan Trauma Insurance Plan Total and Permanent Disability Insurance Plan Activities of Daily Living Total and Permanent

More information

CRACKING GOOD COVER. Protection Personal Menu. royallondon.com

CRACKING GOOD COVER. Protection Personal Menu. royallondon.com CRACKING GOOD COVER Protection Personal Menu royallondon.com WHAT S INSIDE A summary of our protection covers 4 Cover for you, your partner or both of you 5 Life Cover 6 Critical Illness Cover 7 The full

More information

Child cover. Free. child cover offer inside

Child cover. Free. child cover offer inside Child cover Free child cover offer inside Protecting your most precious asset It s a natural desire to want to wrap your child in cotton wool and protect them from harm. But while cotton wool might protect

More information

now can protect their future

now can protect their future Life SmartLife your decisions now can protect their future they re in good hands life we re in it together hello Asteron is one of Australia and New Zealand s largest financial services providers with

More information

How much insurance cover?

How much insurance cover? How much insurance cover? We consider life and TPD insurance coverage to be family protection it is about protecting your family. Life Insurance The purpose of life insurance is to provide your dependants

More information

INSURANCE World of Protection Upgrade Announcement

INSURANCE World of Protection Upgrade Announcement INSURANCE World of Protection Upgrade Announcement Leading Life Leading Life in OnePath MasterFund Recovery Cash Stand Alone Recovery Income Safe Plus Income Cover Income Safe Business Expenses Plan July

More information

Lifetime Protection Plan from Standard Life Protecting you and your family

Lifetime Protection Plan from Standard Life Protecting you and your family Lifetime Protection Plan from Standard Life Protecting you and your family Remember when you thought you were invincible 1 of 33 2 of 33 When was the last time you felt invincible? Contents The need for

More information

Key facts of AA Life Insurance with Critical Illness Cover

Key facts of AA Life Insurance with Critical Illness Cover Key facts of AA Life Insurance with Critical Illness Cover The Financial Services Authority is the independent financial services regulator. It requires us, Friends Life Limited, to give you important

More information

LIFE BOLD SIMPLE DIFFERENT. A personal approach to life cover LIFE

LIFE BOLD SIMPLE DIFFERENT. A personal approach to life cover LIFE LIFE SIMPLE BOLD DIFFERENT A personal approach to life cover LIFE ALEXANDER FORBES LIFE Protecting your wealth to secure your financial well-being Flexible, to change as often as life does. You can change

More information

How To Get A Health Insurance In New Zealand

How To Get A Health Insurance In New Zealand Private Health Customer guide TAKE CHARGE OF YOUR HEALTH Life. Take charge. sovereign.co.nz WHY INSURE YOUR HEALTH? Peace of mind The New Zealand public health system provides quality emergency care and

More information

Asteron Life Personal Insurance

Asteron Life Personal Insurance Asteron Life Personal Insurance Policy Document How to contact us If you need to make a claim Call us on 0800 737 101 Email us at claims@asteronlife.co.nz Fax us on 0800 808 144 or 04 495 8851 Write to

More information

Sun Critical Illness Insurance

Sun Critical Illness Insurance Sun Critical Illness Insurance PRODUCT FEATURE SHEET CRITICAL ILLNESS INSURANCE gives you a lump sum payment if you are diagnosed with and survive an illness covered by your plan. Having this extra measure

More information

Level, Renewable and Family Income Protection Key Features

Level, Renewable and Family Income Protection Key Features Level, Renewable and Family Income Protection Key Features Lifetime Protection from Standard Life This is an important document. Please read it and keep for future reference. The Financial Conduct Authority

More information

Individual Living Benefits Product Portfolio. Personal income, lifestyle and business protection

Individual Living Benefits Product Portfolio. Personal income, lifestyle and business protection Individual Living Benefits Product Portfolio Personal income, lifestyle and business protection PROFESSIONAL MARKET The Professional Series policy OBJECTIVE n Provides non-cancellable coverage that includes

More information

Product Release Overview. December 2014

Product Release Overview. December 2014 Product Release Overview December 2014 Dear valued customer, Looking after our customers both today and in the future is important to us. We always value your feedback and strive to deliver products and

More information

MLC Insurance and MLC Insurance (Super)

MLC Insurance and MLC Insurance (Super) Preparation date 25 May 2015 Issue no: 4 This PDS was prepared by and MLC Nominees Pty Limited MLC Limited ABN 93 002 814 959 ABN 90 000 000 402 AFSL 230694 AFSL 230702 RSE L0002998 Issuer of MLC Insurance

More information

Includes Tips & Tricks that could save you substantial $$$ and help make sure your claims get paid.

Includes Tips & Tricks that could save you substantial $$$ and help make sure your claims get paid. Includes Tips & Tricks that could save you substantial $$$ and help make sure your claims get paid. WHAT IS INSURANCE? It s simply the transference of a risk from yourself to the Insurer. By paying the

More information

MLC Insurance MLC Insurance (Super) Product Disclosure Statement

MLC Insurance MLC Insurance (Super) Product Disclosure Statement MLC Insurance MLC Insurance (Super) Product Disclosure Statement Preparation date 25 May 2015 Issue no: 4 This PDS was prepared by MLC Limited ABN 90 000 000 402 AFSL 230694 Issuer of MLC Insurance and

More information

Protecting your future MLC Life Cover Super MLC Personal Protection Portfolio

Protecting your future MLC Life Cover Super MLC Personal Protection Portfolio Protecting your future MLC Life Cover Super MLC Personal Protection Portfolio Product Disclosure Statement Life Cover Total & Permanent Disability Critical Illness Income Protection Business Expenses Premium

More information

Z Care. Sow the seeds of a resilient future

Z Care. Sow the seeds of a resilient future Z Care Sow the seeds of a resilient future Secure your best chances of recovery Despite an increasing trend in the number of people diagnosed with critical illness today, more are surviving it. Studies

More information

Doctors of BC Critical Illness Insurance

Doctors of BC Critical Illness Insurance Doctors of BC Critical Illness Insurance CI Critical Illness Insurance Have greater control over the impact a serious illness may have on your life. As a doctor, you ve likely witnessed patients trying

More information

Product Disclosure Statement

Product Disclosure Statement Product Disclosure Statement 30 September 2013 ClearView LifeSolutions is issued by ClearView Life Assurance Limited: ABN 12 000 021 581, AFS Licence No. 227682. ClearView LifeSolutions Super is issued

More information

Policy Summary of Friends Life Individual Protection Critical Illness with Life Cover

Policy Summary of Friends Life Individual Protection Critical Illness with Life Cover Policy Summary of Friends Life Individual Protection Critical Illness with Life Cover FLIP/4569/Mar15 This policy summary gives you important information about the Friends Life Individual Protection Critical

More information

Policy Summary of Friends Life Individual Protection Critical Illness with Life Cover

Policy Summary of Friends Life Individual Protection Critical Illness with Life Cover Policy Summary of Friends Life Individual Protection Critical Illness with Life Cover FLIP/4569/Mar15 This policy summary gives you important information about the Friends Life Individual Protection Critical

More information

Westpac Insurance. Life & Loan Insurance

Westpac Insurance. Life & Loan Insurance Westpac Insurance Life & Loan Insurance July 2013 Life it s rather unpredictable, isn t it? That s why our range of insurance cover is so flexible. We understand that everyone has different insurance needs

More information

Insurance from MLC. Making your insurance even better. MLC Life Cover Super and MLC Personal Protection Portfolio

Insurance from MLC. Making your insurance even better. MLC Life Cover Super and MLC Personal Protection Portfolio Insurance from MLC Making your insurance even better MLC Life Cover Super and MLC Personal Protection Portfolio Effective from: 17 October 2011 Making sure you re well protected We regularly review our

More information

NOT BUSINESS AS USUAL

NOT BUSINESS AS USUAL Private Health Adviser information NOT BUSINESS AS USUAL Life. Take charge. sovereign.co.nz HERE TO SHAKE UP HEALTH INSURANCE Sovereign has taken a long, hard look at the health insurance market. We ve

More information

Take charge of your health with ASB Private Health

Take charge of your health with ASB Private Health Take charge of your health with ASB Private Health Be in to WIN a Fitbit Charge and have us donate $0 to St John. Talk to us today for more details. Be in to WIN a Fitbit Charge and have us donate $0 to

More information

Professional Wealth LIFE

Professional Wealth LIFE Whole Life Dread Disease Benefit Professional Wealth LIFE ALEXANDER FORBES The Whole Life Dread Disease Benefit The Whole Life Dread Disease Benefit will provide a lump sum payment if you are diagnosed

More information

Macquarie Life Active Product Disclosure Statement. Macquarie Life

Macquarie Life Active Product Disclosure Statement. Macquarie Life Macquarie Life Active Product Disclosure Statement Macquarie Life Product Disclosure Statement jointly issued by: Macquarie Life Limited ABN 56 003 963 773 AFSL 237 497 and Macquarie Investment Management

More information

A Guide to Critical Illness Insurance

A Guide to Critical Illness Insurance A Guide to Critical Illness Insurance This guide about Critical Illness cover is designed to help you decide if this is a suitable product for you. It aims to help by answering the following questions:

More information

When it s hard to get the help you need, we ll make it easy.

When it s hard to get the help you need, we ll make it easy. PROTECTION AIA PRIME CRITICAL COVER When it s hard to get the help you need, we ll make it easy. AIA Prime Critical Cover gives you easy access to critical illness protection with coverage up to age 100.

More information

Term Assurance INVESTMENTS PENSIONS PROTECTION

Term Assurance INVESTMENTS PENSIONS PROTECTION Term Assurance About Canada Life Established in 1903, the Canada Life Group has grown to be a modern and dynamic international financial services business. We are part of Great-West Life, one of the world

More information

Product Summary. Life s better with the right partner. Life Cover. November 2015. Complimentary Final Family Expenses. Why consider Life Cover?

Product Summary. Life s better with the right partner. Life Cover. November 2015. Complimentary Final Family Expenses. Why consider Life Cover? Product Summary November 2015 Life s better with the right partner This is a summary of the main features and terms of the AIA Australia Priority Protection for Platform Investors product. For full details,

More information

FutureWise Product Disclosure Statement. Macquarie Life

FutureWise Product Disclosure Statement. Macquarie Life FutureWise Product Disclosure Statement Macquarie Life Product Disclosure Statement issued jointly by: Macquarie Life Limited ABN 56 003 963 773 AFSL 237 497 and Macquarie Investment Management Limited

More information

NOT BUSINESS AS USUAL

NOT BUSINESS AS USUAL Private Health Adviser information NOT BUSINESS AS USUAL Life. Take charge. sovereign.co.nz HERE TO SHAKE UP HEALTH INSURANCE Sovereign has taken a long, hard look at the health insurance market. We ve

More information

Facing the challenges of CRITICAL ILLNESS

Facing the challenges of CRITICAL ILLNESS Facing the challenges of CRITICAL ILLNESS INTRODUCTION What is insurance? In life, we are all faced with threats which, if they occurred, would result in financial loss Insurance is the process of protecting

More information

If you have an accident, will it hurt your bank account too?

If you have an accident, will it hurt your bank account too? Group accident insurance With wellness benefit If you have an accident, will it hurt your bank account too? Unum s accident insurance gives you something to fall back on. Life can take a tumble. With a

More information

Maintain your lifestyle even when the unexpected happens

Maintain your lifestyle even when the unexpected happens AIA SECURE CRITICAL COVER PROTECTION Maintain your lifestyle even when the unexpected happens Lessen your financial burden with affordable Critical Illness coverage. aia.com.sg Cancer is the No.1 killer

More information

Simply Smarter Life Insurance. Budget Direct Life Insurance and Budget Direct Accidental Death Insurance Product Disclosure Statement

Simply Smarter Life Insurance. Budget Direct Life Insurance and Budget Direct Accidental Death Insurance Product Disclosure Statement Simply Smarter Life Insurance Budget Direct Life Insurance and Budget Direct Accidental Death Insurance Product Disclosure Statement Budget Direct Life Insurance and Budget Direct Accidental Death Insurance

More information

TOTAL PERMANENT DISABLEMENT

TOTAL PERMANENT DISABLEMENT Life TotalCareMax Total Permanent Disablement TOTAL PERMANENT DISABLEMENT TotalCareMax Life. Take charge. sovereign.co.nz HOW TOTALCAREMAX TOTAL PERMANENT DISABLEMENT COVER CAN HELP YOU Total Permanent

More information

Mortgage Repayment Cover

Mortgage Repayment Cover Assurance Extra Mortgage Repayment Cover What is Mortgage Repayment Cover? Mortgage Repayment Cover is an insurance that pays you monthly amounts to cover your mortgage repayments if you become totally

More information

For customers Friends Life Individual Protection. Childcover benefit

For customers Friends Life Individual Protection. Childcover benefit For customers Friends Life Individual Protection Childcover benefit Helping to protect the whole family Most parents don t want to think about what would happen if their child became critically ill. However,

More information

MLC Personal Protection Portfolio

MLC Personal Protection Portfolio . Life Cover Total & Permanent Disability Critical Illness Income Protection Business Expenses Premium Waiver Preparation date 1 July 2016 Issue no: 9 This PDS was prepared by NULIS Nominees (Australia)

More information

Combined Life & Critical Illness Protection Guaranteed Premiums. Policy Summary

Combined Life & Critical Illness Protection Guaranteed Premiums. Policy Summary Combined Life & Critical Illness Protection Guaranteed Premiums Policy Summary Combined Life & Critical Illness Protection Guaranteed Premiums Policy Summary In this summary, we try to help you by giving

More information

INSURANCE. Your Insurance. Understanding premiums and options to manage the cost. The real value of your insurance. Making sure it s up to date

INSURANCE. Your Insurance. Understanding premiums and options to manage the cost. The real value of your insurance. Making sure it s up to date INSURANCE Your Insurance Understanding premiums and options to manage the cost The real value of your insurance Making sure it s up to date Contents Understanding your health insurance Page 4 Now is a

More information

Protecting Your Assets and Lifestyle: A Critical Illness Insurance Review

Protecting Your Assets and Lifestyle: A Critical Illness Insurance Review Protecting Your Assets and Lifestyle: A Critical Illness Insurance Review If a serious illness strikes, how will you protect your assets and lifestyle from financial hardship? Table of Contents Page Your

More information

vital link Critical Illness Insurance It s about living your life Your guide to Critical Illness Insurance

vital link Critical Illness Insurance It s about living your life Your guide to Critical Illness Insurance vital link Critical Illness Insurance It s about living your life Your guide to Critical Illness Insurance You really feel like you re on the right track. Your life seems to be going just as you planned.

More information

OUR PERSONAL MENU PLAN

OUR PERSONAL MENU PLAN KEY FACTS OF OUR PERSONAL MENU PLAN Important information you should read Protection Personal Menu WHAT S INSIDE See if our plan is right for you 3 The aims of our plan 3 Your commitment 4 The risks 4

More information

HOME PROTECTION PLAN MORTGAGE INSURANCE. Mortgage Insurance. that is Custom Built to Meet Your Needs

HOME PROTECTION PLAN MORTGAGE INSURANCE. Mortgage Insurance. that is Custom Built to Meet Your Needs HOME PROTECTION PLAN MORTGAGE INSURANCE Mortgage Insurance that is Custom Built to Meet Your Needs Mortgage Insurance that is Custom Built to Meet Your Needs Your mortgage insurance should offer you sufficient

More information

Product Disclosure Statement. Life Insurance. Issue no. 1 Term Life Recovery Stand Alone Recovery Income Protector Income Advantage Business Expenses

Product Disclosure Statement. Life Insurance. Issue no. 1 Term Life Recovery Stand Alone Recovery Income Protector Income Advantage Business Expenses Product Disclosure Statement Life Insurance Issue no. 1 Term Life Recovery Stand Alone Recovery Income Protector Income Advantage Business Expenses Issued 1 March 2004 Contents 1 About Asteron 2 About

More information

Your Insurance. Making sure it s up to date. Understanding premiums and options to manage the cost. The real value of your insurance

Your Insurance. Making sure it s up to date. Understanding premiums and options to manage the cost. The real value of your insurance Your Insurance Understanding premiums and options to manage the cost The real value of your insurance Making sure it s up to date Contents Understanding your health insurance Understanding your life and

More information

provides a regular payment to you should you become disabled or sick and hence unable to work for a limited period of time.

provides a regular payment to you should you become disabled or sick and hence unable to work for a limited period of time. personal insurances Most people purchase house, car, and health insurance without giving it much thought, but statistics show that there is often little consideration for more devastating events like death,

More information

LIFE COVER ARE YOU TAKING THE LEAD IN YOUR LIFE? WHAT IS LIFE COVER? WHAT DOES IT OFFER ME?

LIFE COVER ARE YOU TAKING THE LEAD IN YOUR LIFE? WHAT IS LIFE COVER? WHAT DOES IT OFFER ME? LIFE COVER ARE YOU TAKING THE LEAD IN YOUR LIFE? We may like to think it will never happen to us but the reality is that some of us will die, prematurely, leaving family and loved ones behind. So, have

More information

We understand you want support right from the beginning

We understand you want support right from the beginning PROTECT We understand you want support right from the beginning PRUearly stage crisis cover Should an illness strike, the earlier it is diagnosed, the easier it is to manage and the higher the chances

More information

MAKE THE MOST OF LIFE TotalCareMax

MAKE THE MOST OF LIFE TotalCareMax Life TotalCareMax Customer guide MAKE THE MOST OF LIFE TotalCareMax Life. Take charge. sovereign.co.nz WHY INSURE YOUR LIFE? As a life insurer, we understand that despite best efforts, life doesn't always

More information

Living Benefit Plans

Living Benefit Plans Living Benefit Plans What is Critical Illness Insurance? Critical Illness Insurance pays a lump sum Benefit upon diagnosis of a covered condition, such as, heart attack, cancer and stroke. History Origins

More information

Protecting you and your world. Mortgage Protection. With Serious Illness Cover

Protecting you and your world. Mortgage Protection. With Serious Illness Cover Protecting you and your world Mortgage Protection With Serious Illness Cover Serious Illness Cover for your Mortgage from Caledonian Life Caledonian Life s Mortgage Protection policy offers you a cost-effective

More information

How To Get Back To Work

How To Get Back To Work As life happens, we re here for you AMP claims paid 2014 Live life knowing we ll be there for you Like most people, you probably think something bad will never happen to you. Hopefully you re right. But

More information

Priority Protection. Product Disclosure Statement Version 13, Date Prepared 1 March 2014. Life s better with the right partner

Priority Protection. Product Disclosure Statement Version 13, Date Prepared 1 March 2014. Life s better with the right partner Priority Product Disclosure Statement Version 1, Date Prepared 1 March 2014 Life s better with the right partner Important Notes This Product Disclosure Statement ( PDS ) describes the main features of

More information

Ensuring your quality of life

Ensuring your quality of life Ensuring your quality of life Rightway Insurance Services is a personal risk insurance specialist offering Income Protection, Life, Trauma and Total and Permanent Disability insurance. Why is insurance

More information

Priority Protection for Platform Investors

Priority Protection for Platform Investors Priority for Platform Investors Product Disclosure Statement Version 1.1, Date Prepared 22 August 2014 Life s better with the right partner Important Notes This Product Disclosure Statement ( PDS ) describes

More information

Business Plan - What You Need to Know

Business Plan - What You Need to Know KEY FACTS OF OUR BUSINESS MENU PLAN Protection Business Menu Important information you should read WHAT S INSIDE See if our plan is right for you 3 The aims of our plan 3 Your commitment 4 The risks 4

More information

Key features of Skandia Protect

Key features of Skandia Protect Key features of Skandia Protect Flexible life and critical illness cover The Financial Conduct Authority is a financial services regulator. It requires us, Skandia, to give you this important information

More information

Overview. Business Protection Plan. Safeguard the future of your business.

Overview. Business Protection Plan. Safeguard the future of your business. Overview Business Protection Plan Safeguard the future of your business. When a business loses its sole trader, a key employee, an owner or a business partner, the consequences can be dramatic. Profits

More information

Your health is an asset. Don t let critical illness turn it into a liability.

Your health is an asset. Don t let critical illness turn it into a liability. Your health is an asset. Don t let critical illness turn it into a liability. 100% lump sum payout for critical illness1 including early stage My Early Critical Illness Plan Be financially prepared for

More information

Key Features of Mortgage Life Insurance

Key Features of Mortgage Life Insurance Key Features of Mortgage Life Insurance Improvements to our critical illness cover We are pleased to tell you that we ve added to our critical illness cover. The plan now includes improved critical illness

More information

Taking care of tomorrow

Taking care of tomorrow Friends Life Protection Account Critical Illness Cover Guide Taking care of tomorrow Critical Illness Cover Taking care of tomorrow Friends Life Critical Illness Cover is here for you through whichever

More information

This is what he does to pay for his father s cancer

This is what he does to pay for his father s cancer PROTECTION AIA COMPLETE CRITICAL COVER This is what he does to pay for his father s cancer Your loved ones suffer too when critical illness strikes you. aia.com.sg 01 PROTECTION AIA COMPLETE CRITICAL COVER

More information

Group 2: Critical Illness Benefits

Group 2: Critical Illness Benefits Group 2: Zurich s cover is designed to free yourself and your loved ones from the potentially devastating financial impact that follows diagnosis with a critical illness. 1. Level Term Life or Earlier

More information

We understand that you would want multiple coverage against critical illnesses

We understand that you would want multiple coverage against critical illnesses PROTECT Enhanced We understand that you would want multiple coverage against critical illnesses PRUmultiple crisis cover Medical advancements over the years have led to better survival and recovery rates

More information

Enjoy a position of vantage, come what may.

Enjoy a position of vantage, come what may. Enjoy a position of vantage, come what may. prucrisis covervantage While you have achieved much in life and you and your family enjoy the benefits of success, there may be times when the unexpected happens.

More information

Your Life. Product Disclosure Statement. Issue Date: 12 August 2005. Issued by: MetLife Insurance Limited (MetLife) ABN 75 004 274 882 AFSL No.

Your Life. Product Disclosure Statement. Issue Date: 12 August 2005. Issued by: MetLife Insurance Limited (MetLife) ABN 75 004 274 882 AFSL No. Your Life Product Disclosure Statement Issue Date: 12 August 2005 Issued by: MetLife Insurance Limited (MetLife) ABN 75 004 274 882 AFSL. 238096 Products are offered by MetLife Insurance Limited (MetLife),

More information

CRITICAL CARE ADVANTAGE

CRITICAL CARE ADVANTAGE Health Protection CRITICAL CARE ADVANTAGE Be covered across three stages of illness - early, intermediate and critical The chances of a full recovery from a critical illness are now much higher due to

More information

Extra Care Critical Illness Insurance Plan

Extra Care Critical Illness Insurance Plan Extra Care Critical Illness Insurance Plan 25,000 20,000 15,000 10,000 11,378 11,658 11,510 11,791 5,000 4,635 4,969 5,309 5,866 0 3,108 3,218 3,462 3,416 2001 2002 2003 2004 100 N 100 L 280 N 100 N/L

More information

AA Critical Illness with Life Cover Policy Summary

AA Critical Illness with Life Cover Policy Summary AA Critical Illness with Life Cover Policy Summary The Financial Services Authority is the independent financial services regulator. It requires us, Friends Life and Pensions Limited, to give you important

More information

Why CI? Critical Illness Protection from Transamerica for a Broader Spectrum of Coverage

Why CI? Critical Illness Protection from Transamerica for a Broader Spectrum of Coverage Why CI? Critical Illness Protection from Transamerica for a Broader Spectrum of Coverage What is Critical Illness Protection? Critical Illness Protection is a form of insurance that provides you with a

More information

What do these mean?...

What do these mean?... Protect your Home We recommend that once you have decided on your new mortgage you should protect your home as you never know what challenges life will throw at you. We are here to help you meet these

More information

Your critical illness protection plan

Your critical illness protection plan Your critical illness protection plan It could happen to you It is estimated there are over 70,000 heart attacks in Canada each year. There are between 40,000-50,000 strokes in Canada each year. An estimated

More information