An innovative Life Insurance product has entered the market where one policy option is to have a full premium refund after 10 years.  Other options include the ability to continue with a certain level of cover, with the option to get a premium refund later, or you can extend cover to a set age without any further premium payments.

There are also the policy features of Terminal Illness benefit, a future insurability option and special event increase options.

Whether you are 16 or 69 years of age, this policy is well worth consideration.

Contact us for a brochure which we can also supply in Chinese if required.

Click here to learn more about Thorners Life Insurance Services or Call Us on (04) 528 8088

Tags: Cashback, Chines Life insurance Brochure, Death, Divorce, Life Insurance, Marriage, Premium refund, Term Life Insurance, Terminal Illness Benefit

Many of us  rush through the Life or Medical Insurance application form without considering the content of the medical history questions.  To our detriment at claim time , the insurer may find a history of non disclosed medical issues and either declines the claim, excludes the condition being claimed for or just cancels the policy due to non disclosure.

The major areas of non-disclosure are:-

Skin Conditions (acne, eczema, dermatitis and lesions);

Ear, Nose and Throat (tonsolitis and recurrent ear infections particularly with children or during childhood)

Breast Conditions (Lumps, mastitis and inflamation)

Cancers and Tumours (any history of cancer or tumours and lesions even if diagnosed as benign must be disclosed)

Musco-skeletal (any spine, knee or hip issues)

Bowel Disorders ( Hemorrhoids, IBS and colitis)

Elevated Blood Pressure and Lipids (Anything regarding blood pressure and cholesterol)

Mental health ( Post natal depression or use of aropax etc)

Female Genito-urinary Tract

Many of these can be quite personal or embarassing and Insurers offer a confidential service to report/disclose these directly to the underwriter rather than discussing them with your adviser.

Talk to Thorners if you need to discuss this further.

Click here to learn more about Thorners Life Insurance Services or Call Us on (04) 528 8088

Tags: Case Study, Life Insurance, Medical Insurance, Non-disclosure, Underwriting

In July 2002 Mary was a 30 year old healthy librarian who had no need for extensive cover but was looking for peace of mind so she added $75,000 Living Assurance cover to her protection plan. Two years later during a routine blood test the presence of leukemia changed her world. She underwent treatment and the insurer paid her the $ 75,000 which has been used to make her life more comfortable.
 
Click here to learn more about Thorners Life Insurance Services or Call Us on (04) 528 8088
 

Tags: Life Insurance, Living Assurance

Petra was 41 years old. She worked in the financial industry and part of her employment package had life cover provided by an employer chosen insurer.  In May 1997, she went to the doctor as she had been feeling unwell for some time. The doctor diagnosed her condition as cancer of the gall bladder and with it being terminal she was unlikely to to live longer than twelve months.

The doctor provided the insurer confirming the terminal nature of her condition and the insurer paid her a lump sum terminal illness benefit of $92,000, which equated to the total amount of her life cover.
 
Click here to learn more about Thorners Life Insurance Services or Call Us on (04) 528 8088
 

Tags: Insurance Cover, Life Insurance