Specified Accidental Injury Cover

What is Specified Accidental Injury Cover and Why is it Essential?

Life can be unpredictable, and experiencing an accidental injury can significantly impact your daily life and ability to perform your job, whether you are a builder, office worker, or a parent caring for children at home.

Why Specified Accidental Injury Cover is Important

Accidents happen when we least expect them, and their consequences can be immediate and far-reaching. If you have an accident and suffer one of the covered injuries, Specified Accidental Injury Cover can provide temporary financial support in the form of a lump sum payment. This payment can be utilized in various ways to ease your financial burden and aid in your recovery process.

How Specified Accidental Injury Cover Works

At Life and Health GuardiaNZ, we understand the challenges that come with an accidental injury. Our Specified Accidental Injury Cover is designed to offer you financial support when you need it most. Here are some of the ways this cover can benefit you:

• Covering Treatment Costs: Medical expenses can add up quickly, and our cover helps you manage these costs effectively. Whether it's paying for hospital bills, surgeries, or rehabilitation services, the lump sum payment can be a financial lifesaver.

• Transportation Costs: If your injury affects your mobility, you may need alternative transportation methods. The lump sum payment can be used to cover taxi fares or other transportation costs to ensure you can still get to work or other important appointments.

• Hiring Assistance: Injuries can make it difficult to manage daily tasks, especially if you're a parent or caregiver. The payment can be used to hire someone to help with children or other household responsibilities, allowing you to focus on your recovery.

• Taking Time Off Work: Recovery from an injury often requires rest and time away from work. The financial support from our cover allows you to take the necessary time off without worrying about loss of income or job security.

Key Benefits of Specified Accidental Injury Cover

1. Additional Financial Support: Our cover provides supplementary financial support on top of ACC (Accident Compensation Corporation) should you experience a covered injury. This ensures you can focus on your recovery without the added stress of financial worries.

2. Flexible Use of Lump Sum Payment: You have the freedom to choose how you use your lump sum payment. Whether it's to reduce your working hours, take time off work entirely, or get assistance with daily tasks, the decision is yours.

3. No Need for Proof of Income: Our cover is designed to be accessible to everyone, including carers or parents at home. If an injury affects your ability to fulfill daily tasks, the financial support can help mitigate the impact on your household finances.

Adding Specified Accidental Injury Cover to Your Policies

You can enhance your insurance coverage by adding Specified Accidental Injury Cover to eligible Life, Trauma, Income Protection, or Total Permanent Disablement insurance policies.

This additional coverage is subject to meeting minimum cover levels, so it's important to check with your adviser to confirm eligibility if you hold an existing policy.

However, it is essential to note that Specified Accidental Injury Cover cannot be added to Starter Plans or Health products.