Term Life

Provides your loved ones with the financial support that in the event of a death of the life assured. If you suffer a terminal illness you may choose to have your insurance paid out early, allowing quality time for you and the family whilst reducing the financial stress.

Survivors Income /Family Protection

Provides a regular monthly income for those who depend on you if you die or become totally and permanently disabled, due to accident or illness. In conjunction with life cover, survivor’s income cover can provide an ideal mix of lump-sum payment to pay debts and ongoing income to fund family expenses.

Trauma/Critical Illness

Provides a lump sum if the life assured suffers any of the critical illnesses specified in the policy of the insurer. Such as cancer, heart attack, stroke, or major burns. The payment can be used for any purposes – reducing debt, living expenses, to pay for alternative treatments, or a recuperative holiday.

Trauma – Multi

Is designed to provide ongoing cover for a multiple number of unrelated conditions which may occur over the life of your cover.  A lump sum is paid if you suffer for the first time after the cover starts from one of a number of medical conditions covered by the policy and meet the condition criteria.  For some conditions, a portion of the full benefit payment is paid in advance on diagnosis.

Progressive Care

Claim payments are related to the severity of the medical condition, the more serious the condition, the greater the claim payment. And unlike other insurance products, which generally pay out just once, Progressive Care enables you to receive additional claim payments if your condition worsens or if you suffer from an unrelated medical condition.

Disability cover

Provides a lump sum payment if the life assured is total and permanently disabled due to illness or accident.

The payment can be used for any purpose – living expenses, a full time carer or modifications to your home. It can also be used to reduce debt to maintain an affordable lifestyle and relieve the financial burden.

Income Protection

Provides a regular income if you’re unable to work in your job because of sickness or an accident, income cover provides a monthly benefit up to 75% of your gross income.

There are various taxation implications on the premiums deductible and benefits assessable that will be discussed with the client to provide for their unique situation.

Mortgage Protection

Is a benefit which acknowledges the importance of your house as one of the largest financial commitments you will make. In the current financial climate this is more important than ever. Mortgage protection is designed to reduce the financial impact of serious illness, injury or death on your income.

Business Continuity

Is a simple insurance plan designed specifically for profitable businesses over three years old. It provides a benefit up to 24 months to help keep the business running if you or a key person in your business is unable to work due to sickness or accident.

The money can be used for any purpose – to pay expenses, hire new staff or buy new stock.

The amount you receive won’t be reduced by any other insurance benefits you may receive, like ACC or any other income protection benefits that have been disclosed.

It operates as a financial safety net to ensure your business can continue, even if you’re not around.

New to Business

Is an agreed value benefit for businesses that have been in existence for less than four years. It provides an essential safety net if an owner or key person are unable to work for more than 10 hours per week in their own occupation in the business due to illness or injury.

The money can be used for any purpose – to pay expenses, hire new staff or buy new stock.

The amount you receive won’t be reduced by any other insurance benefits you may receive, like ACC or any other income protection benefits that have been disclosed.

It operates as a financial safety net to ensure your business can continue, even if you’re not around.

Rural Continuity

Will pay you a monthly income if a key person is disabled and unable to work because of illness or injury. Unlike most businesses, a farm cannot afford to stop operating in the event of a loss of a key worker. Rural key person cover allows you to replace that person and therefore keep the farm ticking over. This policy provides a replacement income of up to 35% of gross farm turnover up to maximum of $10,000 per month.

It operates as a financial safety net to ensure your farms revenue can continue, even if you’re not around.

Private Health Care

It’s hard to predict what health problems you may experience in the future. Not all treatments or costs will be covered by the public health system, and the public health system may not give you control over the timing or quality of the care you receive.

For those without health insurance, surgery waiting lists are a fact of life. If you wanted to hurry things along, the only option would be to pay for private treatment yourself. Would you be able to afford the costs?

ACC

Is a New Zealand Crown entity responsible for administering the country’s universal no-fault accidental injury scheme. The scheme provides financial compensation and support to citizens, residents, and temporary visitors who have suffered personal injuries. Advice4Life has found that although many New Zealander’s pay their levies with dedication each year, there is still a great deal of confusion around when and how much ACC is likely to pay in the event of a claim. Advice4Life is here to help structure your ACC levies and enable the maximisation of your risk-management spend.