Sovereign Absolute Health Insurance - Keypoints

Keypoints

Lives Assured
Limited to immediate family members only

Eligible Ages
Minimum age: 16 (except for children)
Maximum Age: 70 (for application)
(Over 70 individual consideration)

Eligible Occupations
All

Method Of Payment
Direct Debit or
Credit Card (Visa or MasterCard)

Minimum Premium Contribution
$15.00 per month.

Premium Frequency
Monthly
Fortnightly (Direct Debit only)
Annual (a 5% discount)

Premium Type & Guarantee
Rate for Age to age 70
Level premiums after age 70.

Premium Review Period
Can be reviewed with 30 days notice

Excess Choices
Nil, $300, $600, $1200, $2000, $4000

Term
Renewable to age 100

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Umbrella policy wording
Benefit wording

Sovereign Absolute Health has the flexibility to provide cover for a variety of needs at an affordable cost.

Cover can be provided on a single or family basis.
Cover can be either Hospital cover only or Hospital plus Specialists and Diagnostic Testing.
An excess can be selected which reduces premiums.
Full details of the benefits are provided on this site including complete policy wording.

Benefit Summary

Benefit	Maximum Cover
Medical Misadventure Benefit	$30,000 per life assured, per policy year
Medical hospitalisation - private hospital or day stay clinic	$250,000 per life assured, per policy year
General Surgery - private hospital	$250,000 per life assured, per policy year
Cardiac Surgery/procedures - private hospital	$250,000 per life assured, per policy year
Oral Surgery - private hospital or day stay clinic	$250,000 per life assured, per policy year
Pre Admission and Post Discharge - private hospital or day stay clinic	Included as part of hospitalisation or surgery maximum cover
Oupatient Care - private hospital, day stay clinic or specialist rooms approved by Sovereign	$100,000 per life assured, per policy year
Overseas Medical Treatment	Up to $20,000 per life assured, per lifetime
Home Nursing Care	$150 per day up to a maximum of $5,000 per life assured, per policy year. No excess applies.
Transfer Benefit	No maximum cover
Bereavement Grant	$2,500
Caregiver Accommodation	$125 per day up to a maximum of $2,400 per life assured per policy year
Public Hospital Cash Grant	$200 per day up to a maximum of $2,000 per life assured, per policy year
Waiver of Premium
Loyalty Benefit: Sterilisation	Applies only after two years of continuous cover
Optional feature	For an additional premium you can cover Specialist and Diagnostic Test expenses up to a limit of $3,000 per life assured, per policy year.
ACC payments	Where ACC doesn't cover the cost of hospital treatment, we'll make up the difference for the covered reasonable charges, up to the policy limits. However, no benefit will be paid if you do not take all reasonable steps to pursue an accident related claim with the Accident Compensation Corporation of New Zealand.

Please note this is a summary of the benefits of the Sovereign Absolute Health policy. Exclusions do apply to these benefits. Examples include: existing conditions; congenital conditions; reconstructive or reparative procedures or surgery; elective or cosmetic surgery. For full terms and conditions of cover and a complete list of exclusions you should refer to the policy document. An excess applies to most benefits. All applications are subject to individual consideration. Special conditions, maximums, exclusions or premium loadings may apply.

More information see the policy document - or call us on 0800 269543

For a quotation click here. Health insurance may be more affordable than you think!