you/your The ‘Policy Owner’ named in the schedule .
19. Key terms
accident
Injury caused by violent, accidental, external and visible means.
accredited Adviser
Either an Adviser with a current financial adviser agreement with Sovereign Services Limited or a member of a financial services industry body approved by Sovereign.
activities of daily living
Bathing and showering.
Dressing and undressing.
Eating and drinking.
Using a toilet.
Moving from place to place by walking, in a wheelchair, or with a walking aid.
annual salary
Regular remuneration that is subject to PAYE, excluding allowances in lieu of non-monetary remuneration and extra income such as, but not limited to, bonuses or overtime payments.
child/children
Any biological child/children, adopted child/children or child/children under the legal guardianship of:
a life assured; or
the spouse, civil or de facto partner of a life assured.
close relative
A relative who is the life assured’s spouse, civil or de facto partner, mother, father, step mother, step father, brother, sister, step brother, step sister, child , grandfather or grandmother.
gainful employment
Working to generate income through personal efforts by using the life assured’s time and skills. He or she can be self-employed, employed, earning fees, under contract, receiving commissions, working on contract or otherwise remunerated for his or her efforts.
specialist
A registered medical practitioner who has an approved fellowship in one of the approved surgical, anaesthetic or traditional non-surgical colleges and who is registered with the New Zealand Medical Council. These include, but are not limited to, the following disciplines: general surgery,
orthopaedic surgery, urology, neurosurgery, anaesthesiology, cardiology, endocrinology,
gastroenterology, haematology, paediatrics, gynaecology, obstetrics, neurology, oncology, renal specialists and rheumatology.
work
Personal effort using the life assured’s time and skills, whether or not income is generated for the life assured. Worked and working shall have similar meanings.
817 TCP-TPD version 11 Effective 12 May 2026
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