Permanent Disability Cover

Permanent 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.

Some facts about permanent disability in New Zealand:

  • 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.

I have been a consultant for the last 17 years, eight of which in the security industry working for Signature Security, CR Kennedy’s (a CCTV wholesaler) and Ingersoll rand (Allegion). I have in-depth knowledge about different types of life risks which I now utilise to help family's and business owners put the appropriate risk protection in place. I am a Financial Adviser (FSP276605).

Ready to meet?

Address: Unit 1, 5 Youngs Rd, Papakura

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