Income Cover

This will be payable if you’ve been totally or partially disabled during the waiting period, and can only earn less than 75 percent of your income because of your disability when you return to work.

Why it's important

Making sure that you do not suffer financially while you ease into full-time work.

You can increase the monthly sum insured if your income goes up, by up to 10 percent each policy year, on top of increases because of inflation. All increases under this benefit can't be more than 2 times your original monthly Income Cover sum insured. You must be under 55 years old and apply for the Increasing Income Benefit within 90 days of your income increasing or within 60 days of the policy anniversary date immediately after your income increased.

Why it's important

Allows you to keep your insurance in line with your increased income, without providing any further evidence of your health.

^{We'll waive your waiting period if your disability returns within 12 months of going off claim}

If you become totally or partially disabled again because of the same illness or injury within 12 months of the original claim ending for this cover, your waiting period will be waived and your claim for the same illness or injury will be assessed as a continuing claim on the original Total Disability Benefit or Partial Disability Benefit claim

Why it's important

If you suffer a recurrence of the same disability you are not unfairly penalised by having to wait out the waiting period again.

^{We'll pay a benefit if you are hospitalised or confined to bed for more than 3 nights in a row}

If you're confined to bed at home or admitted to a registered hospital for at least 3 nights in a row and under a medical practitioner's daily supervision, this benefit will pay one thirtieth of the monthly sum insured for each night of bed confinement until the end of the waiting period or until you're no longer confined to bed or hospitalised, whichever happens first.

Why it's important

Provides additional financial support during the waiting period.

^{Cover for costs of vocational retraining or rehabilitation that will help you recover from your total disability or partial disability}

If you're on claim for a total disability or partial disability, and there's a retraining or rehabilitation that's likely to help you get your pre-disability functions back or help you re-enter the workforce, this benefit will pay the lesser of the cost of the retraining or rehabilitation or 24 times the monthly sum insured.

Why it's important

We work with you to find the treatment or training programme that you believe will best help you return to work.

^{A reimbursement of up to 6 times the monthly sum insured for the cost of purchasing specialised equipment}

If you're on claim for a total disability or partial disability, and need to buy specialised equipment to help with your disability, including wheelchairs, artificial limbs, prosthetics, or changes to your house or car, this benefit will reimburse you for the lesser of the cost of the specialised equipment or 6 times the monthly sum insured.

Why it's important

Helps to meet the added costs of purchasing specialised equipment and devices to aid recovery.

^{An extra payment when you return to work after a Total Disability Benefit claim}

If you've been on a Total Disability Benefit claim for more than 12 months in a row, or have been paid a Vocational Retraining and Rehabilitation Benefit, and then return to full-time employment or self-employment, this benefit will pay an extra payment after 3 months and 6 months of continuous full-time employment or self-employment.

Why it's important

We recognise that returning to work full time after a period of disability may be difficult for you and your family

^{An extra one-off payment if an illness or injury leaves you totally and permanently disabled}

If you meet any of the definitions for total and permanent disability (as set out in the terms and conditions), this benefit will pay you a one-off lump sum payment for 12 times the monthly sum insured.

Why it's important

If you are totally and permanently disabled due to illness or injury, this payment helps to compensate for the ongoing financial impact and adjustment of lifestyle

^{Cover for costs to get you back to New Zealand if you become totally disabled while living overseas}

If you have been living outside of New Zealand for more than 3 months in a row and become totally disabled as a result of an illness or injury, this benefit will pay the lesser of the cost to get you back to New Zealand or 3 times the monthly sum insured extra payment after 3 months and 6 months of continuous full-time employment or self-employment.

Why it's important

Peace of mind knowing that if you suffer a disability while overseas you can return home immediately

An extra payment if you need full-time care at home because of your total disability.

If you are totally disabled and need full-time care at home, this benefit will pay the lesser of the cost of care, the monthly sum insured or $2,500 per month. If full-time care is not provided to you for a whole month, this benefit will pay one thirtieth of that amount for each day of care.

Why it's important

Assists with additional costs of full-time care.

A reimbursement for the extra costs of childcare that you may need because of your total disability.

If you're on claim for a total disability and need help with extra childcare for your children under 14 years old, this benefit will reimburse you for the lesser of the extra childcare costs or $800 for each child per month.

Why it's important

Helps to meet additional childcare costs incurred as a result of your disability.

Cover for costs of any emergency transport needed for your disability.

If you're on claim for a total disability or partial disability, and a medical practitioner confirms you need emergency transport, this benefit will pay the lesser of the cost of the emergency transport or 3 times the monthly sum insured.

Why it's important

Financial support for the costs of emergency transportation, such as an air and road ambulance, if medically needed.