Income Protection- Your biggest asset is your income and ability to earn. We believe insuring your income is protecting your family’s way of life

• You can cover up to 75% of your current income.
• There are two basic approaches Agreed Value (many self employed take this option) or Indemnity Value (most common for salary and wage earners).
• If you have an Accident ACC can cover this but what if you get sick? ACC is for accidents not illness! This is a very important distinction.

Both covers are available to you. To determine what is most suitable for you talk to one of our advisors now.

No one likes to think about death, but when you buy a home you need to cover all the scenarios. If there are two of you or more then this is something you need to plan for. In a time like this worrying about money is a very real benefit.

Typically people will only take cover for the size of the mortgage. But at NZMF we recommend if you have family then you need to look further ahead. Would it be that bit easier to clear the mortgage, any other bills and that little bit extra to make life better. What about the children’s education? Do you want your partner to have to go back to work? By having extra money in the bank it becomes an option.

Term life cover is relatively inexpensive compared to other insurances.

Term life cover is a lump sum payment that can be used by your family to repay the mortgage and any other debts or bill outstanding, plus the extra money they will need to replace your lost income.

In the event of death a lump sum payment for the amount insured is paid out to the owner of the policy (ownership can differ from the person insured e.g. spouse or family trust).

• A lump sum payment is also made should the client be diagnosed as terminally ill and likely to die within 12 months. All leading insurers at no additional premium cost now provide this feature.
• Coverage can be applied for up to age 70 and can be renewed up to and beyond age 100 (depending on the insurer selected).

This type of insurance can be known by many names such as vital care, or trauma insurance and many more. Why is this cover important? Because it is based on your health! In NZ we have ACC when we have an accident, but what happens to you if you get serious illness and/ or injury and can’t work for an extended period of time? Would a lump sum payment be of benefit to you? Would the ability to repay the mortgage make a difference?

As your NZMF advisor we think it would. We find having the ability to repay your mortgage is the most common reason why a client will take this type of cover

Key features -

• The most common reasons for purchasing Serious Illness/Injury Insurance are Family Debts/Mortgages.
• Wherever possible, it is recommended this coverage be purchased to compliment a client's Income Protection and Life Insurance.
• The type of illness that be covered are listed below -

Heart Attack, Cancer, Stroke, Heart Bypass Surgery, Kidney Failure, Paraplegia, Major Head Trauma, Quadriplegia, Permanent Blindness, Severe Burns, Alzheimer's Disease, Multiple Sclerosis, Muscular Dystrophy, Chronic Lung Disease, HIV, Coma Pulmonary hypertension, Aplastic Anemia, Parkinson's Disease, Permanent Loss of Speech Hearing or Limbs, Loss of Independent Existence

This is where you lose the ability to ever work again due to serious illness or injury and you are confined to full time medical care.

Features a lump sum payment, used to repay the mortgage any outstanding debts.

This is a cover designed to specifically assist with the cost of your loan repayments. It can be for a designated period of time and provides you with assurance that your loan repayments are taken care of. The difference here is it is based on your loan repayments not your income.

• A regular payment.
• Relates to your loan repayments not your income.
• Typically for a defined period of time.

Protection to cover the expenses associated with your medical costs for treatment. When weighing up your options knowing that you have the ability to go private with your treatment because you’re covered can mean the difference between being treated now, or joining the waiting list on the public health sector. Often you will be receiving treatment from the very same medical professional! Give yourself choices and take a look at what health care insurance can offer you today.

House and contents insurance to protect the furniture and chattels in your house that make it a home. We have very competitive options that can save you money.