Financial Security if a Critical Illness or Trauma Strikes

Who do you know that has suffered from a heart attack or cancer in their working lifetime? No one ever expects it to happen to them, but imagine hearing the news that you have a serious medical condition. How would you cope financially during the recovery period? Would the financial stress hinder your progress? How would your partner cope? Would they be able to support you during your recovery as well as continue to work? 

Children can be covered as well, disastrous to think, however we just need to go in to the wards at Starship to see children suffering the consequences of cancer for example.  Worth a thought!

With advances in medical technology we have a far greater chance of surviving a trauma/critical illness than we have in the past. But are we prepared for the financial consequences of survival?

Trauma Cover provides you with a one-off lump sum payment if you're diagnosed for the first time with one of 38 conditions defined in the policy. 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.

How it began!

The surgeon who assisted the world's first heart transplant was the one who designed and promoted trauma insurance in 1983. Dr Marius Barnard saw firsthand how modern medicine and surgical procedures were saving patients' lives but killing them financially during their recovery. He believed that people needed trauma insurance not because they were going to die, but because they were going to live*.

*As described on a webcast at www.scottishwidows.co.uk.

Who claims for trauma?

• 48 is the average age of claimants

• The largest claim was for breast cancer and totalled $1,500,000

• The most common claims are for cancer, stroke and heart conditions

"It takes away the guilt of looking after yourself"

In my claims experience I have had more claims on this particular cover than any other insurance available.  It has made a huge difference to the lives of those who have received a cheque for $$$.  Otherwise all you will receive is a get well card.  Trauma and Critical illness cover is hugely under-insured in New Zealand.  Get covered today by making an inquirywith us or your own personal broker service.

Consider Progressive Care as an alternative to Trauma Insurance.  It works quite differnetly in the way it pays, but is also a little cheaper.  You should talk to your advisor first to see if this product is right for you.

The Facts

• One in four stroke sufferers will be under 65.*

• More than 80% or women diagnosed with breast cancer survive.**

• The most common claims for trauma cover are for cancer, stroke and heart conditions.***

* Stroke Foundation of New Zealand, www.stroke.org.nz
** New Zealand Breast Cancer Foundation, www.nzbcf.org.nz
*** Tower claims statistics

Don't Delay, Get It Sorted Today

Glen Hatcher
Financial Adviser
New Vision Financial Services

Plan your future and let us help you have peace of mind along the way.