Crisis

In most situations , your Crisis Cover will end after you are paid out.

Who can apply for Crisis Cover

Crisis Cover is only available with Life Cover and to New Zealand permanent residents. You can apply for Crisis Cover if you are 18-59 years. 

Crisis Cover is paid out of your Life Cover

If you claim for Crisis Cover, any payment is deducted from your Life Cover.

So if you had Life Cover of $500,000, and the $200,000 of Crisis Cover you had added was paid out, your remaining Life Cover would be $300,000.

In most situations , your Crisis Cover will end after you are paid out. In the event of a less severe heart attack (as defined in the policy document), a partial Crisis Cover payment may be made, allowing you to keep the balance of your Crisis Cover Benefit in place.

What’s covered

If you’re diagnosed with one of the conditions that meet the medical definitions in your policy, Crisis Cover could pay out.

Crisis Cover can cover the following critical conditions:
• Alzheimer’s Disease
• Aplastic Anaemia
• Blindness
• Cancer
• Cardiomyopathy
• Chronic Liver Disease
• Chronic Lung Disease
• Coma
• Coronary Artery Angioplasty – Triple Vessel
• Coronary Artery By-pass Surgery
• Creutzfeldt-Jakob Disease
• Dementia
• Encephalitis
• Heart Attack (Severe)
• Kidney Failure
• Loss of Limbs or Eyes
• Loss of Speech
• Major Head Trauma
• Major Organ Transplant
• Medically Acquired HIV
• Motor Neuron Disease
• Muscular Dystrophy
• Multiple Sclerosis
• Occupationally Acquired HIV
• Open Heart Surgery and Aortic Surgery
• Out of Hospital Cardiac Arrest
• Paralysis
• Parkinson’s Disease
• Pneumonectomies
• Pulmonary Hypertension
• Severe Burns
• Stroke
• Unable to Manage Daily Living Activities
In addition to the critical conditions listed above, if you suffer a Lesser Heart Attack, we may pay a Partial Crisis Cover benefit.

What’s not covered

When you take out your policy we’ll assess your health and any existing medical conditions may be excluded from your cover. We will also not accept a claim under Crisis Cover if:
• You have a major condition diagnosed within 90 days of when your Crisis Cover starts
• You cause an injury or illness to yourself intentionally or via any suicide attempt
• Your condition was caused by the use of alcohol, poisons or unprescribed drugs
• Your condition was caused by you taking part in war, insurrection, riot, illegal acts or criminal offence, or being in the armed services
• Your condition was known or suspected to exist when you applied for your cover
• Your condition doesn’t meet the specified medical definition

Read your policy

You’ll find more details about your cover in your policy document including full definitions of Crisis Cover Critical Conditions, details on exclusions and limits on cover. Do read it carefully, so you fully understand your cover.

See your Westpac Term Cover policy.