HOW DIFFERENT TYPES OF INSURANCE WORK TOGETHER TO PROVIDE YOU WITH WHAT YOU NEED It is important you understand the different types of insurance and how they will provide you and your loved ones with protection. The below diagram visualises the different types of insurance and how they work together. The ‘Disablement Curve’ is a concept that explains the relevance of each type of insurance.
OPTIMUM HEALTH
What would happen if you had a serious medical condition?
ABILITY TO WORK
What would happen if you had an accidental injury?
What would happen if you were unable to work short-term?
What would happen if you had a serious illness or traumatic injury?
Could you get the treatment you need at a time and place of your choosing?
What would happen if you were unable to ever work again?
Would you be able to take time off work to recover?
What would happen if you died?
Would you be able to pay rent or mortgage?
Could you cover the expected and unexpected costs?
Could you afford to never work again?
Would your family be able to keep the house?
Health Insurance
Specified Accidental Injury*
Income Protection
Trauma Insurance
Total Permanent Disablement (TPD)
Life Insurance
* Specified Accidental Injury Cover can be taken out with any of our core insurance products. This isn’t available with Private Health or Start-Up Income Protection
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