Trauma insurance

Trauma Recovery Insurance provides you with a lump sum payment to help financially while you recover from a serious illness, injury or medical procedure.

It covers 48 medical events, conditions and surgical procedures including many types of cancer, heart attack and stroke. These are all listed on the policy.

Most people use Trauma Recovery Insurance to:

pay for their spouse or family member to take time off work, so they can provide support and care at home
pay for additional or alternative treatments that may not be covered by the New Zealand health system or health insurance
cover additional expenses such as childcare and travel to medical appointments
reduce debt such as mortgage or credit card payments take time off work to rest and recover – often choosing to work
reduced hours aid recovery by treating themselves to something that makes them happy, such as going on a family holiday.

Trauma Insurance benefits

01 Trauma recovery

Pays a lump sum if the medical event, condition or surgical procedure you experience meets the claim criteria.

02 Early stage cancer cover

Some of your trauma cover is paid out early to help with your treatment.

03 Financial planning

We will pay for your family to receive professional advice from an approved financial planner. This helps your family decide the best way to use the money they will receive.

04 Grief support

We will pay to help with the cost of professional grief support during the grieving process.

Optional benefits you can choose to include:

Kids Cover

Lets you cover your kids too.

We pay your premiums

We pay your Life Cover premiums if you can’t work more than 10 hours per week due to illness or injury.

Needlestick

Covers medical workers who contract Hepatitis B or C or HIV during work.

Early Trauma benefit

For some less serious medical events, conditions or surgical procedures, we'll pay 20% of your cover to help with immediate treatment.

Continuous Trauma

Immediately reinstates your Trauma Recovery Cover sum insured after any claim is made, meaning you can claim up to three different trauma events.

Trauma reinstatement

After a claim, you can restore your Trauma Recovery Cover.

Life Cover buy back

This will let you restore your Life Cover after an accelerated Trauma Recovery claim.

Total and Permanent Disablement

Pays you a monthly benefit if you become totally disabled and can't work.

Major Trauma benefit

We'll pay an additional portion of cover if your condition is considered 'major'.

Specific Injury Support Benefit

Lump Sum Support when you need it. Receive this benefit if you suffer any of 29 specified injuries (ranging from broken bones to paralysis). The benefit is payable even if you are still able to continue working. Check the policy document for the full list of injuries and payment periods.

Focus on your recovery, with financial support when life takes an unexpected turn.

Trauma Insurance can provide a lump sum if you’re diagnosed with a specified serious illness or medical condition, helping with everyday costs and other financial commitments.

Frequently asked questions

What can this insurance pay for?

You can spend the money however you like. It can help to cover the cost of taking time off work to recover, or pay for another family member to take time off work to help out with your recovery. It can pay for extra treatment or specialised drugs. It can even pay for childcare or home renovations for wheel chair access, for example.

Does this pay hospital costs and medical bills?

This insurance pays out a lump sum if you're diagnosed with a particular illness, injury or need a medical procedure. These are all listed on the policy. You can spend the money however you like. If you’re after insurance that specifically covers medical bills and hospital costs, then you should look at medical or health insurance.

Resources and forms