Severity-based

Advanced Dementia — NZ Trauma Cover

Advanced dementia (any cause, with persistent cognitive impairment and inability to perform ADLs independently) is a full-payout condition. Distinct from Alzheimer's-specific definitions on some policies.

5 active trauma products from 5 insurers · 4 matrix cells on file

How every NZ trauma policy handles this

Each cell shows the payout status for Advanced Dementia under that product, with the verbatim definition + qualifier below. "Not on file" means the cell has not yet been extracted from that insurer's published wording.

Insurer Product Payout Wording effective
LifeOne Critical Illness Benefit Not on file 2026-05-17
LifeProtect Trauma Cover Full payout Permanent and irreversible loss of cognitive function requiring daily supervision 2025-04-30
AIA Living Critical Conditions Cover Full payout Dementia; full payment available, partial payment also available 2026-05-18
Asteron Life Trauma Recovery Cover Full payout Brochure 2025-05-22
YouChoose Trauma Cover Full payout Brochure Full sum insured on diagnosis — marker * 2025-10-08

Verbatim definitions per insurer

The exact text from each policy wording — no editorial gloss. Source PDF cited below each block.

Chubb Life NZ logo

Chubb Life NZ

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LifeOne Critical Illness Benefit

Wording effective 2026-05-17 · confidence verified

No verbatim definition extracted for this condition on this product yet.

Source: https://www.chubb.com/content/dam/chubb-sites/chubb/nz-en/life/documents/cig0276-life-one-policy-wording-v1.pdf

Fidelity Life logo

Fidelity Life

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LifeProtect Trauma Cover

Wording effective 2025-04-30 · confidence verified

The confirmed diagnosis by a specialist medical practitioner of dementia with the permanent and irreversible loss of cognitive function. Loss of cognitive function is deterioration or loss of intellectual capacity which requires the need for daily supervision of another adult to ensure the insured person's safety. Daily supervision means situations such as preparing food, taking medicines, leaving the home or activities of similar severity.

Source: https://www.fidelitylife.co.nz/media/bpbdqczq/life-protect-trauma-cover-policy-wording.pdf

AIA New Zealand logo

AIA New Zealand

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AIA Living Critical Conditions Cover

Wording effective 2026-05-18 · confidence verified

Dementia [marked in table as both Full payment and Partial Payment, no stand down period]

Source: https://www.aia.co.nz/content/dam/nz/en/docs/our-products/policy-wordings/aia-living/personal/aia-living-personal-critical-conditions-policy-wording.pdf

Asteron Life logo

Asteron Life

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Asteron Life Trauma Recovery Cover

Wording effective 2025-05-22 · confidence brochure

Dementia (Trauma Recovery benefit ü, Major Trauma benefit ü); also Early Trauma benefit ü** as optional add-on with 90-day stand-down

⚠ Source: insurer brochure (not the full policy wording). The wording contains the medical definition with clinical thresholds — request it from your adviser before claim decisions.

⚠ Source document dated 2025-05-22 — older than 12 months. Confirm currency with the insurer.

Source: https://www.asteronlife.co.nz/sites/default/files/documents/trauma-recovery-brochure.pdf

Partners Life logo

Partners Life

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YouChoose Trauma Cover

Wording effective 2025-10-08 · confidence brochure

Dementia* — Pays 100% of your sum insured. Conditions marked* will pay the full sum insured on diagnosis.

⚠ Source: insurer brochure (not the full policy wording). The wording contains the medical definition with clinical thresholds — request it from your adviser before claim decisions.

Source: https://assets.ctfassets.net/w9dpej1et86g/FCLVyj79BiyvbQRKl0fDD/bfe3409e154a4074cd3482036f1b11ba/PLJP_OVERVIEW_TRAUMA_V01_1025.pdf

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