Living Insurance & Total And Permanent Disablement Insurance (TPD)
 
In the past, a serious medical condition often led to a swift death. However, with the pace of modern medical technology, this is no longer the case. It is very likely you will continue to live a long life after suffering a major medical problem.
Some Facts:
(1) 57% of heart attack patients will be alive one year later
(2) 78% of stroke patients will be alive one year later
(2) 60% of cancer sufferers will survive at least five years from diagnosis
Sources:
1) British Heart Foundation
2) Morbidity and Hospital Data 1993
3) Australia Institute of Health and Welfare 2001

Unfortunately, a critical condition very often occurs without warning, requiring you to make dramatic changes to your life and the lives of people around you.
The kind of life-changing events we're looking at can be sudden and will most certainly have an impact on the way you live. Although it's hard to say exactly what costs you might face or exactly how much they'd be, it's important to consider the financial "what-ifs".

Living Insurance
Living Assurance is designed to pay a lump sum in the event of your suffering a critical illnesses or conditions. Depending on the insurance company, this cover can often have a number of different names; for example, Serious Care, Trauma Insurance or Critical Condition.
What does Living Assurance do? This type of insurance enables you to choose a lump sum payment in the event of your suffering a critical medical condition; for example a heart attack, cancer, major transplant surgery, paralysis, major burns, etc.
 
Total And Permanent Disablement Insurance (TPD)
Total Permanent Disablement provides a lump sum in the event of total permanent disablement.
What does Total & Permanent Disablement insurance do? This type of insurance enables you to choose a lump sum payment in the event of total and permanent disablement through either an accident or illness.
Is this insurance necessary?
Here are a few examples of what a Living Assurance and Total & Permanent Disablement lump sum benefit could be used for:

● Repay the Home Loan
● Holiday to recuperate
● House alterations, to provide easier access
● Investment for an income
● Medical expenses
 
What we offer you!

Our collective bargaining strength enables us to offer you:
Choice: we offer a range of Living Assurance and Total & Permanent Disablement cover options from some of the leading insurance providers in New Zealand.
A plan that offers a genuine premium discount off standard insurance rates. Short form application - this means fewer questions are asked. If you would like to talk to an Adviser about your Living Insurance and Total Permanent Disablement requirements or would like a review of what you already have in place, simply email contact@ebs.org.nz or call our Helpline on:
 
0800 268 3763

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