Apply for Easy Life and Living over the phone now or make a time to talk to an ASB Insurance Manager about a more comprehensive solution.
There are many different types of insurance available. Policies can now be created to offer a combination of benefits to best suit your specific needs and budget. That’s why it’s important to make sure you understand what each one does, to make sure it’s right for you.
Life insurance is probably one of the first types of personal insurance most of us think about. Although there may be variations, the main reason for having it is to provide your loved ones with an appropriate level of financial cover when you die. It gives you the peace of mind that those close to you can be cared for after you’ve gone.
If you become unable to work through sickness or injury, income protection insurance can provide you with a steady stream of monthly income. You can also get cover for redundancy.
Depending on your occupation, there are different levels of cover. Some will continue to pay out if you can’t work in that specific occupation anymore. However, for certain occupations, the policy only activates if you are unable to work in any capacity.
If you become ill, injured or are made redundant, loan protection provides cover for any loan repayments you may have, until you’re able to work again. These could be things like your mortgage, or a car or personal loan.
This kind of cover can help ‘tide you over’ at what can be a difficult time for you and your family. Having loan protection insurance also means that your loan balance can be reduced or paid off if you die.
Similarly, credit card repayment insurance provides financial help to cover your outstanding credit card repayments, if you are made redundant, declared bankrupt, become disabled or die.
Whilst none of us wants to fall ill or have a serious accident, most of us would want to be financially covered if the worst were to happen. Serious illness insurance can provide much-needed financial help for you and your family, at a time when you may need it most. If you suffer a serious medical condition in accordance with your policy, you can receive a lump sum to help cover things like:
With total and permanent disability cover, you will receive a lump-sum payment if you’re unable to work again as a result of a serious illness or injury. Having cover would help relieve some of the financial stress and worry for you and your family, in having to cope with a major impact to your life and lifestyle. The money can be helpful in covering the many additional expenses that can be incurred including:
As your life changes your insurance should too.
Review your insurance cover regularly, to make sure that you have the right level of protection. One of our ASB Insurance Managers can help you in selecting the right level of cover that you need.
Find your local ASB Insurance Manager and arrange an appointment.
Visit us at one of our many branches across New Zealand.
ASB life, health and disability insurances are underwritten by Sovereign Assurance Company Limited (“Sovereign”). For full details refer to the relevant policy document which is available on request from any ASB branch or by calling 0800 200 252. The availability of insurance cover is subject to your application being approved. Special conditions, exclusions or premium loadings may apply. See further information about Sovereign.