> _Markdown transcription of Asteron Life Asteron Life Trauma Recovery Cover policy wording, effective 2025-05-22. Source: https://www.asteronlife.co.nz/sites/default/files/documents/trauma-recovery-brochure.pdf_ --- Trauma Recovery Cover What’s Trauma Recovery Cover? What options do I have for structuring my cover? Recovering from a serious illness, injury or medical procedure takes time. Asteron Life’s 1. Stand alone. You can simply choose Trauma Trauma Recovery Cover pays you a lump sum Recovery Cover as a separate cover from your Life Cover. This means a trauma claim won’t to help you during this time when you might reduce the amount of your Life Cover you have. need extra support. The most common illnesses 2. Accelerated. You can choose to bundle your linked to trauma insurance in New Zealand are Trauma Recovery Cover with your Life Cover. cancer, heart attack and stroke. This means we’ll pay your Trauma Recovery claim out of your Life Cover – but you can always add What would I use this cover for? a benefit to re-establish your original cover if this Common costs when recovering from a serious illness happens. (See the ‘Life Cover Buy Back benefit’ and injury include: section on the next page.) • Taking time off work to rest and recover. Whether it’s to cover reduced hours or to cover not being able to “The funds have taken away the stress work at all. of mortgage repayments. They meant • To pay for your spouse or another family member to take we had extra money to pay for doctors’ time off work. Many people need extra help and support around the house when they have a serious illness. appointments. Most importantly it has • If you’d like to use alternative treatments that aren’t helped us cover the shortfall of $11,000 covered or are only partly covered by health insurance, to $12,000 needed for reconstructive Trauma Recovery Cover can help you do that. surgery as the full cost wasn’t covered • Debt can really pile up when you’re recovering from a under our health insurance.” serious illness. Often, this happens when managing a reduced income and higher medical expenses. Freeing Catherine, Asteron Life customer up finances – by reducing credit card or mortgage debt – enables you to focus on your recovery. • Taking care of those additional costs like child care, wheelchair ramps or travel to medical appointments. Disclaimer: Customer testimonials and examples are provided for information only and do not advise on or recommend a product. For financial advice including on product suitability, please contact your financial adviser. Medical conditions and procedures covered by Early Trauma, Trauma Recovery and Major Trauma benefits General category Medical condition or Early Trauma Trauma Recovery Major Trauma surgical procedure benefit benefit benefit Blood Advanced AIDS ü Aplastic anaemia ü ü HIV – medically acquired ü HIV – occupationally acquired ü Cancer and tumours Benign tumour of the brain or spinal ü ü cord Cancer ü** ü** Early stage cancer ü** Connective tissue Severe osteoporosis ü Severe rheumatoid arthritis ü** Systemic lupus erythematosus (SLE) with nephritis ü** Systemic sclerosis ü** ü ü Ear Deafness ü ü Loss of hearing in one ear ü Endocrine Diabetes ü ü Eye Blindness ü ü Loss of sight (one eye) and limb ü ü Single loss of limb or eye ü Gastrointestinal Chronic liver failure ü ü Colostomy and/or ileostomy ü Severe Crohn’s disease ü Severe ulcerative colitis ü Heart and artery Cardiomyopathy ü ü Coronary artery angioplasty ü** Coronary artery angioplasty – triple vessel ü** ü** Coronary artery bypass surgery ü** ü** Heart surgery (open) ü** ü** Heart attack ü** ü** Out of hospital cardiac arrest ü ü Pulmonary hypertension ü** ü ü Repair or replacement of aorta ü** ü** Repair or replacement of valves ü** ü** Severe peripheral vascular disease ü ü Kidney and urogenital Chronic kidney (renal) failure ü** ü** Major organ Major organ transplant (placement transplant on waiting list or undergoing ü** ü** transplant)  General category Medical condition or Early Trauma Trauma Recovery Major Trauma surgical procedure benefit benefit benefit Musculoskeletal Loss of limbs ü ü trauma Burns ü ü ü Respiratory Chronic lung failure ü ü Pneumonectomy ü** ü** Pulmonary hypertension ü** ü ü Stroke and Alzheimer’s disease ü** ü ü nervous system Aneurysm ü ü ü Coma ü ü Creutzfeldt-Jakob disease ü ü Dementia ü** ü ü Encephalitis ü ü Guillain-Barré syndrome ü** Hydrocephalus ü Loss of speech ü ü Major head trauma ü ü Meningitis ü ü Motor neurone disease ü ü Multiple sclerosis ü** ü ü Muscular dystrophy ü ü Paralysis ü ü Parkinson’s disease ü** ü ü Peripheral neuropathy ü ü Stroke ü** ü** Other Intensive care ü ü Serious accidental injury ü Terminal illness ü ü Modified total Loss of limbs ü ü and permanent disablement Loss of sight (one eye) and limb ü ü Loss of independent existence ü ü Significant cognitive impairment ü ü Total and permanent Own occupation ü*** disablement Any occupation ü*** * Early Stage Cancer Benefit is a partial payment only. It’s paid on the diagnosis of early stage cancers. Cover for the medical conditions or surgical procedures marked ** starts 3 months after the latest of the date we receive a fully completed application for: – the applicable benefit or cover – an increase to the applicable sum insured (for the increased portion only) – reinstatement of the applicable benefit or cover This does not apply if the cover is a replacement benefit. *** Total Permanent Disablement (TPD) benefit available for additional premium. What benefits does Trauma Recovery include? yet claimed on it. If your event or illness isn’t considered major but you’re eligible for the Trauma Recovery benefit, • Lump sum payment for major illness. If you’re your Major Trauma benefit will remain in place to keep diagnosed with a serious illness or you undergo any you covered for all major conditions – including those of the major types of surgery we’ve listed in your policy that relate to your Trauma Recovery benefit claim. You’ll document, you’ll receive a lump sum. find a full list of what’s covered for a trauma condition in • Early stage cancer. If you’re diagnosed with early stage your policy document. cancer you’ll receive an advance payment of part of • Total and permanent disablement. We’ll pay your your Trauma Recovery Cover. While early stage cancer Trauma Recovery sum insured if you become totally may be less severe than more advanced cancer, you and permanently disabled due to an illness or injury. may still have lifestyle changes to make and treatment costs to cover. • Continuous trauma. Immediately reinstates your Trauma Recovery Cover sum insured after any claim • Grief support. We’ll pay up to $2,500 to you or a loved is made, meaning you can claim up to three different one for counselling from a professional counsellor. trauma events. • Family member accommodation and transport. We will • Trauma reinstatement. You’re able to restore your reimburse accommodation and transport costs for a Trauma Recovery Cover once you’ve claimed for a family member if you have treatment more than trauma condition, so that you can claim in the future 100km away from your home. if you need to. • Financial planning and legal advice. We’ll pay up • Life Cover buy back. If you have the accelerated to $2,500 for professional advice from an approved version of Trauma Recovery Cover, you can increase financial adviser or lawyer. This can help you plan the your Life Cover back to its original balance when your most effective way to use your money if you receive trauma claim comes out of your life insurance. a trauma payment. • We pay your premiums. We’ll pay your Trauma Recovery • Special events increase. You can increase your existing premiums for you if you’re ill or injured and can’t work cover for policies which pay a lump sum, whenever a in your usual job for more than 10 hours a week. special event happens in your life (such as taking out a mortgage or getting a pay rise) without any medical • Specific injury support – lump sum. Support when you underwriting. This is useful as the amount of insurance need it. Receive this benefit if you suffer any of 29 you need can change as you get older. Check your specified injuries (ranging from broken bones to policy document for more information on Special Events. paralysis). The benefit is payable even if you are still able to continue working. Check the policy document for the • Special events conversion. If you’re under 50 and full list of injuries and payment periods. experience a special event, you can add certain types of Trauma or TPD Cover to your policy – without having • Needlestick. If you work in the medical and emergency to provide further medical evidence. services industry, the Needlestick benefit helps ensure that you can protect yourself against financial • Inflation adjustment. Each year we’ll offer to increase implications of contracting Hepatitis B or C or HIV. your sum insured by the rate of inflation – according to the Consumer Price Index (CPI). This will be without • Free Kids Cover. Make sure you fill out the Kids Cover the need for further medical or financial underwriting. section of your application to add $50,000 of trauma insurance for each of your children (or grandchildren) Are there extra benefits I can add at no extra cost. You can increase this amount up to $200,000 for just $1 per $10,000, per month. to my Trauma Recovery Cover? Yes. Here’s a look at the optional extras: What are my payment options? • Early trauma. We’ll make a partial payment • Level premium payments. You can choose a Level (the greater of $10,000 or 20% of your total cover premium payment option, meaning you lock in your up to $100,000) for an additional 21 conditions, such payments so they don’t increase with age – just like as Parkinson’s or Multiple Sclerosis. This is in addition a fixed rate mortgage. to the 48 conditions you’re covered for with Trauma • Stepped premium payments. Stepped premiums start Recovery Cover. Have a look at your policy document lower than Level premiums, but will increase each year for the full list of what you’re covered for. based on your age at that time. • Major trauma. If you experience a major event or illness we’ll pay you a Major Trauma benefit. This can be paid out with your Trauma Recovery benefit if you haven’t Talk to your adviser about how to get Asteron Life Trauma Recovery Cover. Disclaimer: The information in this brochure is a general summary only. It is not financial advice and is not personalised to your situation. Terms, conditions, exclusions and limits apply. Where customer testimonials and examples are provided, they are for information only and do not advise on or recommend a product. If you would like advice that takes account of your particular financial situation and goals, please contact your financial adviser. Full details of the policy terms and conditions are available from Asteron Life Limited (“Asteron Life”) or your financial adviser. Some terms used in this brochure carry a specific definition set out in the policy document. If there are differences between the information in this brochure and the policy, then the policy document will prevail. Availability of insurance cover is subject to Asteron Life’s acceptance and approval of a complete application. Asteron Life does not accept any liability in connection with this brochure. Asteron Life Limited. Copyright 2025. All rights reserved. RP323 (05/25)