You never know what is around the corner. One week life is progressing in a sensible manner, next week something changes and chaos rules.
It might be sickness, an accident or death, things that we know are part of life’s big picture. However, with careful management they don’t have to cause financial havoc.
The Five Major Risks
Health problems requiring hospitalisation
You can’t predict what health problems will happen to you in the future, and you can’t foresee how they’ll impact on your family, lifestyle and earning ability.
Unable to work for several months
An accident, illness or temporary disability at some time during your working life is a very real possibility.
Suffering a critical illness
A critical illness is a serious illness or disability, such as critical cancer, heart attack or paralysis. Statistics tell us that two in five people (40%) will experience a critical illness before age 65.1
Unable to work ever again
You could reach this point in your life quickly or slowly. Illness can gradually erode your health until you’re unable to work ever again; a serious accident could leave you totally and permanently disabled.
Premature death
In New Zealand, one in six men and one in nine women who reach the age of 30 will die before 65.2
1. General Cologne Life Re Australia, 2002
2. Statistics New Zealand, 2007
Get Good Advice - Call 0800 800 242
Working out what types of insurance cover you need - and can afford - is not something you can do easily on your own. Choosing the plans and doing the figures requires professional advice.
AIA New Zealand insurance products are only available through our network of professional Insurance Advisers.
To request an appointment with an Insurance Adviser, contact us on call free 0800 800 242 or email: nz.service@aia.com