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Life and Disability Insurance

Insurance Covers Available

This policy provides a tax-free lump sum benefit of 100,000 in the event of death. Cover ceases at age 70. Built into the life cover is a terminal illness benefit.

Terminal Illness Benefit: There is an advance payment of the life cover in the event the member is not expected to live beyond 12 months.

Automatic Acceptance Limit: $100,000

This policy provides a monthly benefit (taxable) if you are temporarily or permanently disabled through sickness or accident. Cover ceases at age 65, whilst a member of the policy.

Cover is up to 75% of your annual base salary, with a 13 week wait period and a benefit period of 2 years.

Automatic Acceptance Limit: $144,000

This policy provides a tax-free lump sum payment of $20,000 on medical diagnosis of one of the medical conditions listed on the policy. Cover ceases at age 70, whilst a member of the policy.

Automatic Acceptance Limit: $20,000

Get direct access to the world's leading medical specialists from the comfort of your own home. 

If you or a member of your family faces an illness, injury or medical condition, Best Doctors will collect your medical records and arrange for a top international expert to review your case (including mental health support).

For more information visit, BestDoctors.com/new-zealand .

 

Eligibility

Life & Disability Insurance (Life, Income Protection and Critical Illness Insurance)

Permanent employees working a minimum of 15 hours per week.

Aged between 16-70 years – Life Insurance and Critical Illness or aged 16-65 for Income protection.

 

New Employees

Eligible new employees join the base plan automatically, without the need for any medical declarations up to the automatic limits.

Any new employees that are unable to work on their first day of employment due to illness or injury should reach out to Mercer Marsh Benefits as cover will need to be confirmed.