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Permanent Disability CoverPermanent disability insurance can provide a lump sum payment in the event that you become totally and permanently disabled.
This gives you the flexibility to reduce debt or pay for the things you’ll need for a better quality of life. You may even need to make adjustments to where you live, or re-assess your partner’s ability to work while caring for you. |
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Some facts about permanent disability in New Zealand:
We'd love the opportunity to learn about your unique circumstances so that we can think carefully about the appropriate solutions for you. Drop us a line using the form below and we'll get in touch with you to discuss. It does not hurt to know how much it would cost.
- 92,700 adults (3% of the adult population in NZ) have a disability that requires a high level of support.
- Disease or illness is the most common cause of disability in adults, followed by accidents or injuries.
- The most common causes of claims for Permanent Disability Cover are cardiac conditions, back injuries and neurological disorders.
- The average age of a claimant on a Permanent Disability Cover policy is 43.
- The largest claim made on a Permanent Disability Cover policy at Tower was for $331,453 for a subarachnoid haemorrhage (bleeding into the brain) in 1999.
We'd love the opportunity to learn about your unique circumstances so that we can think carefully about the appropriate solutions for you. Drop us a line using the form below and we'll get in touch with you to discuss. It does not hurt to know how much it would cost.
