Household Expenses Cover 家庭生活成本保险
Household Expenses Cover provides a financial safety net should you be disabled as a result of sickness or injury, and unable to meet your regular household expenses. The monthly benefit is designed to cover essential household expenses on your behalf during treatment and recovery. 因伤病造成生活成本支付困难时而提供的资金支持。
Essential expenses 家庭主要支出
The expenses that can be covered under the Household Expenses Cover are:
Electricity; Gas; Water; Phone; Rent; Rates; Body Corporate Fees; Paid Television; Internet; House, Contents and Motor Vehicle Insurance Premiums; Hire Purchase, Bank Loan or other Personal Loan Repayments; Private School Fees;
If you don’t pay rent but have a mortgage on your own home, you can use the Household Expenses benefit to cover the other expenses in addition to any Mortgage Repayment Cover you may have.
Your choice of waiting periods and payment terms 客户选择等待期限、投保期限、和赔付期限。
This Household Expenses Cover provides you with the flexibility to structure your plan to most closely suit your needs. You have a choice of six waiting periods, the period of time before your monthly benefit begins after becoming disabled; either 4, 8, 13, 26, 52, or 104 weeks. You also have a choice of two cover terms, either to age 65 or 70, and six payment term options of three, six or twelve months, two or five years, or to the end of the cover term. Your adviser will assist you to understand the implications of these options to enable you to make the best choice for your personal circumstances.
Specific injury （特殊伤病）
If you suffer from one of the specific injuries listed below, you will be paid the monthly benefit for a specified minimum period, irrespective of whether you return to work within that time frame. If your disability lasts longer than the specified minimum period the normal monthly benefit will continue to be payable. Minimum specified periods can be found in the Household Expenses Cover Protection Benefit Sheet.
Fracture of jaw （颌骨骨折） Fracture of skull （颅骨骨折） Fracture of forearm （前臂骨折） Fracture of collarbone （锁骨骨折） Fracture of wrist （腕骨骨折） Fracture of upper arm （上臂骨折） Fracture of shoulder; Fracture of elbow; Fracture of vertebrae （椎骨骨折） Fracture of kneecap （膝盖骨骨折） Fracture of ankle （踝关节骨折） Fracture of heel （踵部骨折） Fracture of leg below the knee (tibia or fibula) Fracture of the leg above the knee (femur) Fracture of the pelvis （骨盆骨折） Loss of the thumb and index finger of the same hand; Loss of a foot or hand; Loss of sight in an eye; Loss of a whole leg or arm; Loss of any combination of hand foot or sight; Paralysis (Diplegia 双侧瘫痪 Hemiplegia 半身不遂 Paraplegia 下身麻痹 Quadriplegia 四肢麻痹)
Critical illness （严重伤病）
If you suffer from one of the critical illnesses listed below, you will be paid the monthly benefit for a minimum period of six months irrespective of whether you return to work within that time frame. If your disability lasts longer than six months the normal monthly benefit will continue to be payable.
Aortic Surgery （动脉手术） Cancer (癌症) Chronic Kidney Failure （慢性肾衰竭） Chronic Liver Failure （慢性肝衰竭）Chronic Lung Failure （慢性肺衰竭） Coronary Artery Surgery （冠状动脉手术） Heart Attack （心脏病） Major Burns （重度烧伤） Major Head Trauma （严重头部创伤） Multiple Sclerosis （多发性硬化） Stroke （中风）
* For payment terms of three months, this benefit will pay a maximum of three months.
Waiver of waiting period
If you suffer a recurrence of a previous disability or a new disability within twelve months of ending a claim under the Household Expenses Cover, the chosen waiting period will be waived for the second disability. This is on the fact that you will have most likely exhausted your available sick leave and annual leave entitlements during the previous waiting period. 若在索赔后一年内旧病复发，或现新症，将免除赔付等待期。
Retraining and rehabilitation
If you are receiving a claim under the Household Expenses Cover, you may get payment up to twenty four times the monthly benefit to reimburse costs associated with retraining and/or rehabilitation programs that might assist you to return to work. This benefit is not available for payment terms less than two years. 赔付期长于两年者，可获得24个月之月度赔偿额，用于弥补在就业培训和康复治疗之费用）
Return to work rewards
If you are receiving a total disability benefit and manage to return to work on a part-time basis as part of your recovery, the insurer will boost your partial disability payments by 25% for up to 12 months. 失去工作能力保险金申领者如果重返非全日制工作岗位的，可获得保险人赔付金鼓励。
If you return to work full-time after receiving a benefit under the Retraining and Rehabilitation benefit you will receive additional bonus payments once you have been back at work for three and then six months.
When you are confined to bed
If as a result of a disability you are admitted to hospital or are confined to bed at home under medical orders for more than three nights, your Household Expenses Cover benefits will start from your first day of confinement to hospital or home, rather than at the end of the waiting period. 如果遵医嘱住院或在家治疗长于三个夜晚的，收入保险金从入院或在家治疗第一天起开始支付。
Emergency transport costs 支付急救交通费用
Your Household Expenses Cover will reimburse you for the costs of any emergency transport you require as a result of your disability (up to certain limits).
Death benefit （伤葬费用）
A lump sum payment of three times the monthly sum insured is payable to assist with funeral expenses should a life assured die whilst covered under the Household Expenses Cover.
Extra childcare help 额外儿童看护费用
If you become disabled and as a result need extra assistance with childcare for children under the age of fourteen, your Household Expenses Cover benefit provides reimbursement for these additional costs (up to certain limits).
Special assistance at home 在家特殊护理
If you suffer a disability and require full-time care at home, your Household Expenses Cover will reimburse you the cost of a carer for up to six months (up to certain limits).
Special equipment or home modifications 特殊器材和住室改造费用
If you need to purchase specialised equipment, prosthetic devices or make alterations to your home or vehicle as a result of a disability, your Household Expenses Cover will reimburse those costs (up to certain limits).
What if the disability is total and permanent? 若永远失去工作能力，将一次性获赔24倍于月保险，月保险额照常支付。If you are claiming a total disability benefit and it becomes clear that you will never be able to return to work again, then your Household Expenses Cover will pay you a lump sum of up to twenty four times the monthly sum insured and your regular monthly benefit will also continue.
Bringing you home 回国费用
If you have been working overseas for more than three months when you suffer a disability and you wish to return home, your Household Expenses Cover includes a return to home benefit which will reimburse you for the costs of bringing yourself and a companion home to New Zealand (up to certain limits).
Cover while away from work 在失去工作或无薪休假一年之内患病的，仍按之前工作计赔付款
Even if you have been temporarily out of work, or on an approved period of leave without pay from work, for less than 12 months when you become disabled, you will be treated as it you were still working in the job you were most recently employed in for the purposes of assessing your claim against the Household Expenses Cover benefit.
Future proofing the value of your benefits （保额保费随收入增长而增长）
To ensure your Household Expenses Cover can continue to deliver the same real value to you as when you first purchased it, your Household Expenses Cover will automatically increase by inflation each year, even when you are receiving monthly claim benefits. These increases apply irrespective of any changes to your health after your Household Expenses Cover starts. You also have an option to set a minimum inflation rate of 5% so even when the inflation rate falls below this level your Household Expenses Cover will still increase by 5%. Of course, if your Household Expenses Cover does increase by inflation, so will your premiums. You can choose to decline any increase in any given year without losing the automatic increase in following years, so you really have the best of both worlds – automatic rights to increase with no obligation to do so.
Increasing benefits to match increasing expenses 保险金额随生活成本增长而增长
In addition to general inflation, your household expenses can change unexpectedly, and each time your expenses
Increase，there is a financial need to increase your Household Expenses Cover to keep pace. The increasing expenses benefit allows your Household Expenses Cover to be increased without further health assessment (up to certain limits) whenever your household expenses increase.
Optional redundancy benefit赔付期限六个月以上者，可购买非自愿失业保险选择权
You have the option to purchase the redundancy benefit which will provide for up to six months of household expenses being paid on your behalf in the event that you are made involuntarily redundant by your employer (up to certain limits). This option is not available for payment terms shorter than six months.
Optional reduction in waiting period benefit购买减少等待期限选择权，以适应自身状况之变化
You have the option to purchase the reduction in waiting period benefit which allows you to reduce your waiting period without further health assessment any time there are relevant changes in your personal circumstances (certain exclusions apply).
Optional dependent relative benefit购买照顾因病失去自顾能力亲属之选择权
You have the option to purchase the dependent caregiver benefit which will provide you with a proportion of the monthly benefit should you need to give up work to provide full-time care for a relative who can no longer take care of themselves as a result of a total disability (up to certain limits).
Optional KiwiSaver contribution while on claim购买年金付款选择权。
You have the option to purchase the retirement protection benefit and to select either a 2%, 4% or 6% contribution rate. In the event of a disability, the insurer will contribute the selected percentage of the monthly Household Expenses benefit directly to your KiwiSaver provider. This contribution is in addition to your monthly benefit. 患病时，按保险额的拟定比例向年金管理者付款。保险金支付不变。
Conversion to Mortgage Repayment benefit可部分或全部转换为房屋贷款还款保险
Personal circumstances can change and at some future date, you may change from paying rent to paying a mortgage. If this occurs, you have the option to convert some or all of your Household Expenses Cover sum insured to Mortgage Repayment Cover without any further health assessment (certain exclusions apply).
Loyalty discount （忠诚度保费折扣）
The discounts that apply start from the 2nd anniversary and increase each year by 1% until reaching 10%.
A premium holiday （保费支付休假）
It is available to you to provide financial relief during difficult times without losing your valuable cover. In the tragic event that you lose a spouse or child, are made redundant or bankrupt or are forced to leave work to care for a relative who has become dependent on you due to ill health, your Protection Plan provides up to six months of free Household Expenses Cover while you rearrange your financial affairs. Alternatively your premiums and cover may be suspended for up to twelve months if you need temporary financial relief due to overseas travel, parental leave, extended periods of leave without pay or even if you decide to embark on some full-time study. At the end of the suspension period you can restart your Household Expenses Cover without being reassessed.
Keeping your Protection Plan up to date 随产品优化而优化
Your cover will automatically apply any future enhancements made to the Household Expenses Cover to your policy, provided there is no additional premium required for those enhancements.
Worldwide cover 效力无疆域限制
Your Household Expenses Cover is valid wherever you may be in the world.
Contact your adviser
Patrick Wang 027 263 7878; 09-827 2256; email@example.com