Stand-alone trauma
A trauma policy independent of life cover — a paid trauma claim does not reduce the life benefit.
Definition
Stand-alone trauma cover sits in its own sum insured. A paid trauma claim does not affect the death benefit on a separate life policy. Costs more than accelerated trauma but household keeps the full life benefit even after a trauma payout.
See also
- Accelerated trauma — A trauma cover bundled with life cover, where a paid trauma claim reduces the life sum insured.
- Trauma cover — A lump sum paid on diagnosis of one of the defined trauma conditions (e.g. major cancer, heart attack, stroke).
Not personalised financial advice. Definitions are editorial framings of how the term is used across NZ life cover. Your specific policy wording is the authoritative source.