Accidents can happen at any time, and the injuries sustained by you or a key person could vary from minor to major. However, the impact on your business could be severe, especially if it meant either of you couldn’t work or had to take time off. This cover can help minimise the financial impact on the business.
You’ll receive a lump sum and it’s your choice how you use the money.
Specific Injury Cover can help fill in gaps that other insurance doesn’t cover, or where ACC might not pay out.
Offsets do not apply to any benefits paid under Specific Injury Cover, giving you more certainty at claim time. Specific Injury Cover can only be selected along with at least one of the following on the same policy:
In February 2023, Martynas (Marty) Sinkus, a young contract milk farmer crushed his thumb in a hydraulic post driver and was rushed to Dunedin hospital to have surgery. Marty and his wife Nuki work very hard to keep their business running, so the injury was potentially devastating to their livelihood.
Watch the video to find out how Chubb Life Assurance Extra Business, Specific Injury cover helped Marty and Nuki’s business continuity and recovery.
In February 2023, Martynas (Marty) Sinkus, a young contract milk farmer crushed his thumb in a hydraulic post driver and was rushed to Dunedin hospital to have surgery. Marty and his wife Nuki work very hard to keep their business running, so the injury was potentially devastating to their livelihood.
Watch the video to find out how Chubb Life Assurance Extra Business, Specific Injury cover helped Marty and Nuki’s business continuity and recovery.
Insurance that pays your policy premiums if you, or a key person in your business, become disabled and are unable to work.
Insurance that pays a lump sum if you or a key person dies or is diagnosed with a terminal illness.
Insurance that pays a lump sum if you or a key person gets a defined illness or condition for the first time.
Your insurance is underwritten by Chubb Life Insurance New Zealand Limited (Chubb Life). Chubb Life has an A (Excellent) financial strength rating given by A.M. Best Company Inc. A summary of the rating scale is: A++, A+ Superior | A, A- Excellent | B++, B+ Good | B, B- Fair | C++, C+ Marginal | C, C- Weak | D Poor | E Under Regulatory Supervision | F In Liquidation | S Suspended. For the full rating scale and more rating information visit www.ambest.com/ratings/guide.pdf