Insurance

Medical and health insurance gives you choice – including the choice to access medical treatment when you want and need it.

New Zealand has a strong public health system for urgent needs, such as broken bones or severe heart attacks. However, for conditions deemed non-urgent, you may face two options: pay for treatment privately or join a waiting list.

Not all medical and health insurance plans are created equal. Options can include surgical or hospital cover, as well as add-on benefits such as specialist visits, dental and optical treatment, and GP visits. Some policies also allow you to cover children only.

At CIC Financial, we can guide you through the options and help you make an informed decision.

A major illness can change your life in an instant. It can affect your ability to work and impact your emotional wellbeing. Critical illness cover, also known as trauma insurance, provides a lump-sum payment that gives you options. Common conditions covered include cancer, stroke, and heart attack.

Choosing the right amount of critical illness cover can be complex, because it is hard to know what you may want or need after a major illness. We see this cover as a way to give you choices when life changes unexpectedly.

It may help you access treatment that is not available through the public health system or covered by private medical insurance.

It may allow you or your partner to take time away from work to focus on recovery.

It can also provide flexibility – giving you the freedom to make choices that matter to you after a life-changing event.

At CIC Financial, we can help you understand what critical illness cover includes, why you might consider it, and how to structure a plan that works for you.

If you are unlikely to be able to work again, total and permanent disability insurance can provide a lump-sum payment. While we all hope this will never happen, this payment can give you time and options to make lifestyle changes and reduce financial stress.

Total and permanent disability insurance works alongside other parts of your insurance plan, such as income protection and critical illness cover. By combining these types of cover, we can help fill gaps and make sure different scenarios are considered.

One common area we consider is the shortfall between your income protection payments and your actual income. We also look at whether funds may be needed to help you adjust your lifestyle if you are unable to work again.

We can help you understand how total and permanent disability insurance fits into your overall insurance plan and whether it is right for you.

At CIC Financial, we believe mortgage and income protection insurance is the foundation of any insurance plan. Your ability to earn an income is what allows life to keep moving – paying the rent or mortgage, putting food on the table, covering bills, and having money to enjoy life.

How long could you afford to live without your regular income? For most New Zealanders, the answer is “not long”. Mortgage and income protection insurance can provide a regular income while you are unable to work, helping support your financial wellbeing.

In New Zealand, ACC may provide income support if you are unable to work because of an accident. Support for sickness or illness can be more limited, which is why it is important to understand where your gaps may be.

Mortgage and income protection insurance includes a range of options, and not all policies are created equal. We can help you cut through the jargon, understand what you are covered for, and see how your cover would work at claim time.