LIVING
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