Also referred to as Critical Illness insurance, Trauma Cover pays you a lump sum if you're diagnosed with a covered illness or condition for the first time.
Trauma Cover provides several benefits that are built-in to the cover as well as some options you can choose to add at an additional cost, so it’s easy to tailor your Trauma Cover to suit your needs and budget.
Payment of the full Trauma Cover sum insured if you get a covered condition listed under our Full Trauma Benefit.
An early payment of 25 percent of the Trauma Cover sum insured (up to $75,000), if you're diagnosed with one of the specific conditions
A partial payment of 25 percent of the Trauma Cover sum insured (up to $75,000), if you get a condition listed under our Partial Benefit.
Cover for costs of up to $10,000 to get you back to New Zealand if you get a condition listed under our Full Trauma Benefit while living overseas.
Cover for costs of accommodation and transport for a support person to go with you if you need to travel away from your home area for treatment.
A reimbursement of up to $2,500 for the costs of receiving professional advice.
fit Allows you to increase your sum insured by up to $250,000 if you experience a certain life event, without further assessment of your health
Complimentary Trauma Cover of up to $50,000 for your child (aged 3 months to 18 years inclusive).
If you get one of the defined serious illnesses or conditions for the first time, Trauma Cover will pay a lump sum amount, giving you the financial freedom to make your own choices about your future, at a time when your health has been seriously affected.
Please refer to the policy wordings for our full requirements and eligibility criteria. The content is intended to be of a general nature, does not take into account your financial situation or goals, and is not a financial advice service. It is recommended you seek financial advice which takes into account your individual circumstances before you acquire a financial product. The information is current as at August 2022 and is subject to change.
Following a congenital heart disease diagnosis, contractor Phil Davenport had little choice but to book the surgery he’d been putting off for years, mainly due to the expense. Having not reviewed his insurance cover for many years, he didn’t realise the surgery, and other costs associated with his recovery could be paid for with the Chubb Life Trauma cover he’d had for several years.
Cover with Assurance Extra
If you get one of the defined serious illnesses or conditions for the first time, Trauma Cover will pay a lump sum amount, giving you the financial freedom to make your own choices about your future, at a time when your health has been seriously affected.
You will receive a lump sum amount and it’s your choice how you use the money. Some examples of how this money can help are:
subsidise a lost income
cover day-to-day expenses (eg power, phone, food, petrol)
help cover debts eg mortgage, credit cards
assist with medical costs associated with recovery
seeking alternative treatments
paying for home alterations, rehabilitation and home help.
Alzheimer’s disease
Aortic surgery
Aplastic anaemia
Benign brain tumour or spinal cord tumour
Blindness+
Cancer*
Cardiomyopathy+
Chronic kidney (renal) failure+
Chronic liver failure+
Cognitive impairment
Coma
Coronary artery surgery*
Creutzfeldt-Jakob disease
Dementia
Encephalitis
End Stage Chronic Lung Disease+
Heart attack*
Heart valve replacement
HIV – medically acquired
HIV – occupationally acquired
Intensive care treatment
Loss of hearing+
Loss of independent existence
Loss of limb and sight
Loss of limbs
Loss of speech+
Major burns
Major head trauma
Meningitis and/or meningococcal disease
Motor neurone disease
Multiple sclerosis+
Muscular dystrophy
Open heart surgery
Organ transplant
Out of hospital cardiac arrest
Paralysis
Parkinson’s disease
Peripheral neuropathy
Pneumonectomy
Primary pulmonary hypertension
Severe diabetes
Severe inflammatory bowel disease
Stroke*
Systemic lupus erythematosus (SLE) with lupu nephritis
Systemic sclerosis+
Terminal Illness* (only if Trauma Cover – standalone has been selected)
Total and permanent disability (only if the Optional Total and Permanent Disablement Benefit has been selected)
Triple vessel angioplasty*
* No cover is provided for the 90 days immediately following the receipt of the application form by Chubb Life.
+ A diagnosis payment may be made upon meeting the diagnosis criteria of one of these conditions
Adult insulin dependent diabetes mellitus
Angioplasty*
Burns of limited extent
Carcinoma in situ*
Cardiac defibrillator insertion*
Cerebral aneurysm
Chronic lymphocytic leukaemia*
Colostomy and/or ileostomy
Early stage malignant melanoma*
Heart valve replacement*
Hydrocephalus
Loss of limb
Low grade prostate cancer*
Pacemaker insertion*
Severe osteoporosis
Severe rheumatoid arthritis
* No cover is provided for the 90 days immediately following the receipt of the application form by Chubb Life.
Is Trauma Cover right for me?
Leave your details and a qualified Adviser will give you a call to discuss your options.
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
