Mortgage Repayment Cover
Mortgage Repayment Cover provides a financial safety net should you be disabled as a result of sickness or injury, and unable to meet your mortgage repayments. The monthly benefit is designed to cover mortgage repayments on your behalf during treatment and recovery. (房屋贷款偿还保险为被保险人因伤病失去工作能力，不能偿还房屋贷款时提供的资金支持。在被保险人治疗和康复期间，提供月度支付款)
Your choice of waiting periods and payment terms
The insured has 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. 自行选择等待期限、投保期限、和赔付期限。
Once the mortgage has been repaid 房屋贷款还清以后， 仍可以继续支付保费，使之有效。
You can keep the agreed Mortgage Repayment Cover in place even once the mortgage has been completely repaid, as long as you keep paying the premiums. Certain offsets that apply to income cover will also apply to your Mortgage Repayment Cover in these circumstances. （抵扣条件同收入保险）
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 Mortgage Repayment Cover Protection Benefit Sheet. 被保险人患有以下症状者，可获得保险赔付。
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 (肩部骨折) Fracture of elbow (肘骨折) 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 重症
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 （慢性肾功能衰竭） 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 (若在索赔后一年内旧病复发，或现新症，将免除赔付等待期。）
If you suffer a recurrence of a previous disability or a new disability within twelve months of ending a claim under the Mortgage Repayment 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.
Retraining and rehabilitation
If you are receiving a claim under the Mortgage Repayment Cover, you may get 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 领取无工作能力赔偿金者，作为康复训练的一部分，重返半日制工作岗位时，可获得至多一年，部分伤残之赔付款的25%奖励金。
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.
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. 领取再培训和康复赔付金后，重返全职岗位达三个月和六个月的，各获得额外奖励金。
When you are confined to bed （卧病于床）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 Mortgage Repayment Cover benefits will start from your first day of confinement to hospital or home, rather than at the end of the waiting period. 遵医嘱住院或在家治疗长于三个夜晚的，房贷还款金从入院或在家治疗第一天起开始支付。
Emergency transport costs （支付急救车交通费用）
Your Mortgage Repayment 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 （伤葬补偿，相当于三倍月保险额）
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 Mortgage Repayment Cover.
Extra childcare help 额外支付十四岁以下儿童看护费用。
If you become disabled and as a result need extra assistance with childcare for children under the age of fourteen, your Mortgage Repayment Cover benefit provides reimbursement for these additional costs (up to certain limits).
Special assistance at home 支付全日制陪护费用，至多六个月
If you suffer a disability and require full-time care at home, your Mortgage Repayment Cover will reimburse you the cost of a carer for up to six months (up to certain limits).
Special equipment or home modifications 支付购置特殊护理器材和居室改造费用
If you need to purchase specialised equipment, prosthetic devices or make alterations to your home or vehicle as a result of a disability, your Mortgage Repayment Cover will reimburse those costs (up to certain limits).
What if the disability is total and permanent? 完全失去工作能力后，一次性获得二十四倍月保险额
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 Mortgage Repayment 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 海外工作长于三个月，患病后欲归国治疗者，可获本人和陪护人旅行费用
If you have been working overseas for more than three months when you suffer a disability and you wish to return home, your Mortgage Repayment 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 if you were still working in the job you were most recently employed in for the purposes of assessing your claim against the Mortgage Repayment Cover benefit.
Future proofing the value of your benefits （保额保费随收入增长而增长）
To ensure your Mortgage Repayment Cover can continue to deliver the same real value to you as when you first purchased it, your Mortgage Repayment 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 Mortgage Repayment 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 Mortgage Repayment Cover will still increase by 5%. Of course, if your Mortgage Repayment 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 interest rates 还款金额随利率变化而变化
In addition to general inflation, your interest rate can change many times over the term of your mortgage and each time that rate changes, your mortgage repayments will likely change to keep pace. The increasing interest rate benefit allows your Mortgage Repayment Cover to be increased (up to certain limits) without further health assessment, whenever the New Zealand OCR increases by 1% or more over any 12 month period. 任何一个十二个月期间内，官方利率增长1%或以上时，无需做健康评估。
Increasing benefits to match your increasing mortgage repayments 还款额随房贷额增长而增长
Your mortgage commitments can also change over time and each time your mortgage increases, there may be a financial need to increase your Mortgage Repayment Cover to keep pace. The Increasing Mortgage benefit allows your Mortgage Repayment Cover to be increased (up to certain limits) without further health assessment, whenever your mortgage increases.
Increasing benefits when restructuring your mortgage
In addition to increases in your mortgage commitments, restructuring your mortgage can also lead to a financial need to increase your Mortgage Repayment Cover to keep pace with increasing repayments. The Mortgage Restructure benefit also allows your Mortgage Repayment Cover to be increased (up to certain limits) without further health assessment, whenever a restructure in your mortgage leads to an increase in your monthly repayments. 还款金额随贷款结构调整而调整，无需做健康评估。
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 mortgage repayment 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
You have the option to purchase the retirement protection benefit and to select a 2%, 4% or 6% contribution rate. In the event of a disability, you will get the selected percentage of the monthly Mortgage Repayment benefit directly to your KiwiSaver provider. This contribution is in addition to your monthly benefit. 购买年金付款选择权。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 Household expenses benefit
Personal circumstances can change and at some future date you may change from paying a mortgage and start paying rent. If this occurs, you have the option to convert some or all of your Mortgage Repayment Cover sum insured to Household Expenses Cover without any further health assessment (certain exclusions apply). 在由房东变为房客时， 该保险可部分或全部转换为家庭生活成本保险，无须健康评估。
Increasing loyalty discount 从第二年起，保费折扣额逐年增加一个百分点，至10%。
So you can take comfort that you will pay increasingly less for your Mortgage Repayment Cover than new clients to the company will. The discounts that apply start from the 2nd anniversary and increase each year by 1% until reaching 10%.
A premium holiday is available 提供保费支付假期。
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 Mortgage Repayment 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 Mortgage Repayment Cover without being reassessed.
Keeping your Protection Plan up to date 随产品优化而优化。
Automatically apply any future enhancements we make to the Mortgage Repayment Cover to your policy, provided there is no additional premium required for those enhancements.
Worldwide cover 效力无疆域限制。
Your Mortgage Repayment Cover is valid wherever you may be in the world.
Patrick Wang 027 263 7878; 09-8272256; firstname.lastname@example.org