LifeProtect.

Trauma Cover can provide a one-off lump sum payment if you suffer any of the 40+ specified conditions, like cancer, heart attack, or stroke and meet the criteria as defined in the cover wording.

A lump sum Trauma Cover payment can be used however you need, for example taking time out to rest, repaying some debt, covering expenses or allowing somebody else to take time out to care for you.

Why Trauma Cover?

• Pay for medical treatments, therapies and home care services not covered by the public health system.
• Provide financial support to your loved ones, if they need to take time off work to care for you or look after children.
• Focus on getting better.

Key benefits.

• Partial Benefit Payment: Helps you focus on getting better. Pays a part payment of the sum insured if you suffer one of the 20 specified conditions as defined in the cover wording.

• Child's Trauma Benefit: Helps if your child suffers a covered condition. Pays 20% of the sum insured (up to $50,000) if your child aged between 2 and 20 suffers a trauma condition defined in the cover wording. For partial benefits, then 10% of the sum insured (up to $25,000) is paid.

• Conversion of Child’s Trauma Benefit: Provides access to Trauma Cover for your child. Allows a child of the insured person to apply for Trauma Cover without having to provide additional health information, within the 30 days before and after reaching their 21st birthday.

• Optional Trauma Reinstatement Benefit: Allows you to buy back cover 12 months after you’ve made a claim. Provides you with the ability to buy back your Trauma Cover 12 months after you’ve received a claim payment of the full sum insured. This enables you to make another claim in the future for an unrelated trauma condition included in the cover wording. An additional premium is payable for this benefit.

• Financial Planning and Legal Advice Benefit: Helps you access financial or legal advice following a claim payment. Reimburses up to $2,500 for financial or legal advice services received in regard to lump sum claim payments of $100,000 or more.

Income Cover provides a monthly benefit if you suffer an injury or illness and as a result you are unable to work for an extended period of time. This cover is an indemnity value type cover which means that the amount you receive depends on your loss of income at claim time.

Income Cover payments can replace some of your loss of income, paying the lesser of your Monthly Benefit, or 75% of your pre-disability income (less other specified sources of income, such as ACC or other disability insurance) if you are totally or partially disabled.

Why Income Cover?

• Provide an income for you and your family.
• Pay rent or your home loan.
• Pay utility and household bills.
• Focus on your health.

Key benefits.

• Rehabilitation and Retraining Benefit: Supports your rehabilitation or retraining plans. Reimburses approved costs of a rehabilitation plan (up to 12 times the Monthly Benefit) if you are totally disabled for longer than your waiting period.

• Future Insurability: Helps your cover keep up with your income. Enables you to apply to increase the Monthly Benefit by up to 10% if your income increases before your 55th birthday, without providing additional health information.

• Waiver of Premium Benefit: Reduces your premium costs whilst you are on claim. Waives your Income Cover premiums and policy fee for up to 24 months while you receive your Total Disability or Partial Disability Benefit.

• Family Member Support Benefit: Helps your loved ones look after you. Contributes towards lost income for an immediate family member who is caring for you if you are totally disabled and confined to bed. Pays the lesser of one half of your Monthly Benefit, $3,000 per month or the income foregone by the family member and is paid for a maximum period of up to 3 months.

• Leave Without Pay Benefit: Gives you the option to press pause on your cover and premiums. Allows you to apply to suspend your cover and premiums for up to 12 consecutive months if you stop working for one of the reasons specified in the cover wording. You can’t make a claim while the cover is suspended, and there is no cover for sickness or injury which first exists while the cover is suspended.

• Hospitalisation/ Nursing Care Benefit: Helps you get the care you need during the waiting period. Pays the Monthly Benefit on a pro-rata basis for each day you are totally disabled in the waiting period and admitted to a hospital or confined to a bed and receiving nursing care. This benefit is paid for the lesser of the waiting period or 90 days.

• LifeProtect brochure
• LifeProtect Policy Terms and Conditions
• LifeProtect Life Cover brochure
• LifeProtect Life Cover policy wording
• LifeProtect Trauma Cover brochure
• LifeProtect Trauma Cover policy wording
• LifeProtect Permanent Disability Cover brochure
• LifeProtect Permanent Disability Cover policy wording
• LifeProtect Income Cover brochure
• LifeProtect Income Cover policy wording