Living Assurance | Trauma Cover | Critical Illness Cover | Insurance Brokers

By: Brave Day  06-Dec-2011
Keywords: Cancer, Heart Attack, Critical Illness Cover

Spending time with loved ones is so important. This is when you need
money - as soon as something happens, because that's when life changes!

Living assurance gives you a lump sum that leaves the choice in your hands -
you may want to pay off the mortgage, fly to Disneyland or just spend time with
your family without having to worry about where the money will come from.

Unlike income protection, living assurance doesn't depend on whether you can work
or not. To qualify you simply have to survive 14 days after suffering a major illness
like heart attack, stroke or cancer.

Also known as..

This kind of insurance is also known as Trauma Cover, Critical Illness Cover or
Serious Care. At BRAVEday we prefer the term Living Assurance because
ultimately,no matter what happens, it's about life - and living yours to the full.

What does Living Assurance cover?

Living assurance pays a cash lump sum if you suffer from a pre-determined health
condition and survive 14 days.

The three biggest conditions people claim for are heart attack, stroke and cancer,
but most companies cover a broad range of events, such as major burns, major
head injury, meningitis, and more .. some companies cover up to 42 conditions.

You'll find the actual conditions covered, and their definitions, in each company's
policy document. If wading through policy wording doesn't sound like fun,
our advisors will be happy to help you choose the best cover for you.

Whether I went through the claim or not, I would always recommend BRAVEday to my friends. When I came to New Zealand eight years ago, I didn't know much about insurance. It was BRAVEday, especially Dean, who gave us the most helpful information.

Why do I need Living Assurance?

Medicine has advanced by leaps and bounds in the last 50 years. People used to die from many major medical incidents, now people do survive.  Consider this 52% of male cancer patients will be alive five years later, and 59% of females will be alive five years later.

It's great news for medicine, but it also means you need to be covered for the new realities. Living assurance gives you maximum choice at claim time.

When BRAVEday clients have been through life-changing illnesses like heart attack, stroke or cancer, their priorities have changed. The lump sum payment pays off their debts, and buys them time to spend with the people who are important to them.

Take action

Keywords: Cancer, Critical Illness Cover, Heart Attack

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