Right Cover Insurance & Mortage Advisors

Life Insurance Cover

Right Cover Insurance Advisors

Life cover pays a benefit when you die or when you become terminally ill.


Why life Insurance?


Your purse string may be tight today, but you will still want to keep your long-term financial goals on track. We all like to think "it's never going to happen to me", but accidents and illness could happen and some of us could die too soon. Life can be unpredictable, which is why you should protect the main financial burdens of near and dear ones.



5. Reason's to get life insurance... and hold on to it.


1. Sole Parent


Raising a family as a solo parent is hard work. If you died suddenly, your partner would have the task of raising children without your help. Life Insurance, in such a scenario, can take complete care of your family financially, making it easier to maintain the lifestyle they are used to.


2. Terminal illness & Funeral Costs


Life cover can help pay expenses such as terminal illness and funeral costs eliminating the need for the family to sell estate assets to cover these costs.


3. Life Cover can pay off the mortgage and other debts


Pay off the mortgage and other debts, and make your family debt-free and secure investments as opposed to them paying off debts.


4. Income for family


Provide income to surviving family members or education funds for children.


5. Allow loved ones to grieve


Allow loved ones to grieve without them having to worry about bills to pay.


Life Insurance


Every day you face a wide range of risks to your well-being and lifestyle, but if you were to die early, what would be the impact on your loved ones? The truth is, it’s always a struggle when you lose someone you love, but the emotional struggles don’t need to be compounded by financial difficulties. Life insurance helps make sure that the people you care about will be provided for financially, even if you’re not there to care for them yourself.


Furthermore, get a tax-free lump sum payment on your death or if you are diagnosed as being terminally ill, and let your family live the life you’ve planned together.


The ideal situation is to leave your family in a position as if you were still here financially.


A Right Cover Adviser can sit down with you and your partner, in the comfort of your home, and develop your family’s Personalised Protection Plan to determine the ideal level of Life cover you need for your family’s unique circumstances an

Income Replacement


Your ability to work and earn an income is probably your greatest asset. A regular income helps you and your family build your assets, educate your children, enjoy the lifestyle you want and do the things you love. 


The financial consequences of an injury, disability, illness or extended time off work could be devastating for your lifestyle and those that depend on you. Recovering from an illness or accident is difficult enough without the extra stress of financial worries. Just because your health suffers a setback, your finances and lifestyle shouldn’t have to.


A key element in any wealth creation strategy is having a well-structured Income Replacement strategy in place. It is after all your income that pays your mortgage repayments and funds borrowing as you build your asset portfolio. There are many ways to protect your income, including monthly benefits such as Income Protection and Mortgage Repayment policies through tax-free lump sum payouts through a mix of Trauma and Permanent Disability policies. When it comes to Income replacement, a one size fits doesn’t work.


A Right Cover Adviser can sit down with you and your partner, in the comfort of your home, and develop your family’s Personalised Protection Plan to determine the ideal level of Income Replacement cover you need for your family’s unique circumstances and needs.


Trauma/Serious Illness


Ongoing advances in medical treatment mean New Zealanders have a greater chance of surviving a serious illness than ever before but it may take 6/12/24 months to recover so there is a greater need for financial support. 


Serious Illness, also known as Trauma insurance, pays you a tax-free lump sum if you have a serious medical condition specified in your policy (typically covered conditions listed below).


The diagnosis of a trauma event is devastating under any circumstance, but the burden will be far greater if your financial security is also put at risk. Trauma insurance takes the pressure off, so you can spend your time focusing on recovering – not worrying about your finances! 


Cancer Only Cover


There is also specialized Cancer Only Cover for people who don’t qualify for full Trauma Cover but want cover for a cancer event. This policy helps if you attack cancer, even in the early stages. Cancer Cover pays you a lump sum of money if you experience any early-stage cancer or meet the claim criteria for more severe cancers. This cover is designed to help people recover physically and financially from cancer.


A RIGHT COVER Adviser can sit down with you and your partner, in the comfort of your home, and develop your family’s Personalised Protection Plan to determine the ideal level of Trauma Insurance coverage you need for your family’s unique circumstances and needs.