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Chubb Life NZ Trauma Cover — Review

1 active retail trauma product from Chubb Life Insurance New Zealand Limited · chubb.com/nz-en/life.html

Last refreshed 2026-05-30 · current wordings effective 2026-05-17

Active products
1
Legacy products
0
RBNZ rating
See RBNZ register
Wording effective
2026-05-17

Plans at a glance

LifeOne Critical Illness Benefit

Wording effective 2026-05-17

Max entry age
Max renewal age
Structure

Coverage at a glance

One-line summary of how Chubb Life NZ's flagship trauma product (LifeOne Critical Illness Benefit) handles the questions buyers + advisers most commonly ask. Full verbatim text below.

Trauma-conditions matrix (preview)

Six of the 40 conditions covered. See the full Chubb Life NZ matrix →

Condition LifeOne Critical Illness Benefit
Invasive Cancer Full
Carcinoma in Situ 10%
Early-Stage Prostate Cancer 10%
Heart Attack (Myocardial Infarction) Full
Stroke Full
Multiple Sclerosis Not on file

Verified policy facts — full text

Every section below is the verbatim text from each Chubb Life NZ trauma product's current policy wording PDF. Where a product doesn't address a topic, we show "Not on file" rather than guess.

Cancer definition

How each NZ trauma insurer defines 'Cancer' — what stages trigger a full payout, what triggers a partial-payment, what's excluded entirely. Cancer drives ~60% of NZ trauma claims so the definition shapes most claim outcomes.

LifeOne Critical Illness Benefit

Not on file for this product.

Source: https://www.chubb.com/content/dam/chubb-sites/chubb/nz-en/life/documents/cig0276-life-one-policy-wording-v1.pdf · effective 2026-05-17

Heart attack definition

Heart attack definitions vary in troponin threshold, ECG criteria, and symptom requirements. The definition decides whether a modern troponin-detected MI counts under your policy.

LifeOne Critical Illness Benefit

Not on file for this product.

Source: https://www.chubb.com/content/dam/chubb-sites/chubb/nz-en/life/documents/cig0276-life-one-policy-wording-v1.pdf · effective 2026-05-17

Stroke definition

Most NZ trauma policies require 24-hour residual neurological deficit confirmed by imaging — TIAs and rapidly-resolving strokes typically don't qualify. This page lists each insurer's stroke definition verbatim.

LifeOne Critical Illness Benefit

Not on file for this product.

Source: https://www.chubb.com/content/dam/chubb-sites/chubb/nz-en/life/documents/cig0276-life-one-policy-wording-v1.pdf · effective 2026-05-17

Partial-payment conditions

Most NZ trauma policies pay 10-25% of sum-insured for a defined list of early-stage / less-severe conditions (carcinoma in situ, angioplasty, early prostate cancer). The list and percentages vary widely.

LifeOne Critical Illness Benefit

Coronary artery angioplasty — lesser of 20% of the Critical Illness Cover Amount or $20,000, Early stage cancer — lesser of 10% of the Critical Illness Cover Amount or $20,000, Early stage chronic lymphocytic leukaemia — lesser of 20% of the Critical Illness Cover Amount or $20,000

Source: https://www.chubb.com/content/dam/chubb-sites/chubb/nz-en/life/documents/cig0276-life-one-policy-wording-v1.pdf · effective 2026-05-17

Accelerated vs standalone

Accelerated trauma cover reduces your underlying life sum-insured dollar-for-dollar on claim; standalone leaves it intact. Buy-back rules let you reinstate life cover after a claim — terms vary.

LifeOne Critical Illness Benefit

Not on file for this product.

Source: https://www.chubb.com/content/dam/chubb-sites/chubb/nz-en/life/documents/cig0276-life-one-policy-wording-v1.pdf · effective 2026-05-17

Buy-back + reinstatement

Buy-back reinstates underlying life cover after a trauma claim without fresh underwriting. Trauma reinstatement re-adds cover for new conditions after a partial-payment claim. Both terms vary massively.

LifeOne Critical Illness Benefit

Not on file for this product.

Source: https://www.chubb.com/content/dam/chubb-sites/chubb/nz-en/life/documents/cig0276-life-one-policy-wording-v1.pdf · effective 2026-05-17

Future-insurability rights

Future-insurability rights let you increase trauma cover at defined life events (marriage, child, mortgage) without fresh medical evidence. Critical for buyers with family-history loadings.

LifeOne Critical Illness Benefit

Not on file for this product.

Source: https://www.chubb.com/content/dam/chubb-sites/chubb/nz-en/life/documents/cig0276-life-one-policy-wording-v1.pdf · effective 2026-05-17

Children's trauma rider

Most NZ trauma policies offer a children's-trauma-rider add-on with a defined per-child sum-insured cap (often $50,000-$200,000). Covered conditions for children differ from adult cover.

LifeOne Critical Illness Benefit

Not on file for this product.

Source: https://www.chubb.com/content/dam/chubb-sites/chubb/nz-en/life/documents/cig0276-life-one-policy-wording-v1.pdf · effective 2026-05-17

Pre-existing conditions

NZ trauma insurers underwrite at application — pre-existing conditions usually result in loadings (25-200%), permanent exclusions, or declination. Disclosure rules and re-underwriting policies vary.

LifeOne Critical Illness Benefit

Not on file for this product.

Source: https://www.chubb.com/content/dam/chubb-sites/chubb/nz-en/life/documents/cig0276-life-one-policy-wording-v1.pdf · effective 2026-05-17

Common exclusions

Self-inflicted injury, war / civil unrest, criminal acts, drug use, and certain pre-existing conditions are commonly excluded. Specific exclusion lists vary by insurer.

LifeOne Critical Illness Benefit

War or any act of war, Invasion, Terrorism or any acts of terrorism, Act of foreign enemy, Hostilities, strike, riot or civil commotion, Civil war, rebellion, revolution or insurrection, Military or usurped power, Attempted suicide or intentional self-injury by the life insured, whether sane or insane (Critical Illness Benefit), An unlawful act by you or the life insured (Critical Illness Benefit), Alcohol or drugs taken by the life insured — unless prescribed by a qualified medical practitioner (Critical Illness Benefit), The life insured driving a motor vehicle with a blood alcohol level exceeding the minimum legal limit (Critical Illness Benefit), Suicide, attempted suicide or intentional self-injury within 13 months of the cover start date or reinstatement date (Life, Advanced Funeral and Terminal Illness Benefits), Conditions or symptoms of conditions (not caused by accidental injury) which occurred within 3 months after the later of: the original cover start date, any increase to the Critical Illness Cover Amount (in respect of the increased portion only), or the most recent date this policy was reinstated (Critical Illness Benefit), All cancers which are histologically described as premalignant, or carcinoma in situ or cervical intraepithelial neoplasia, unless it results directly in the removal of the entire organ, All skin cancers unless: there is evidence of metastasis, or the tumour is a malignant melanoma of Clark Level 3 and above, or the tumour is a malignant melanoma with invasion greater than 1.5mm maximum thickness (Breslow method), or the tumour is a malignant melanoma showing signs of ulceration, Prostate cancers diagnosed as TNM classification T1 with a Gleason score of 5 or less, unless major interventionist therapy is performed, Chronic lymphocytic leukaemia less than Rai Stage 1, Transient ischemic attacks (TIA), Cerebral symptoms due to reversible neurological deficits, migraine, cerebral injury from trauma or hypoxia and vascular disease affecting the eye, optic nerve or vestibular functions (Stroke), Carcinoma in situ of the cervix uteri of Cervical Intraepithelial Neoplasia (CIN) classifications CIN1 and CIN2, Papillary micro-carcinoma, non-invasive papillary carcinoma and flat, non-invasive carcinoma in situ of the bladder, Early stage cancer that is the same, similar to, related to, or directly or indirectly caused by an early stage cancer that has previously been covered by the Critical Illness Benefit, A rise in cardiac biomarkers resulting from a percutaneous procedure for coronary artery disease unless the baseline value is normal and the elevation is greater than 10 times the 99th percentile of the upper reference limit (Heart Attack)

Source: https://www.chubb.com/content/dam/chubb-sites/chubb/nz-en/life/documents/cig0276-life-one-policy-wording-v1.pdf · effective 2026-05-17

Exclusions

LifeOne Critical Illness Benefit — 23 exclusions

Machine-readable API for this page

Every section above is also available as a structured API for AI agents, brokers and developers — free, no auth.

Source documents

The authoritative source for any specific trauma definition / partial-payment percentage / exclusion is the insurer's published PDF. Our facts are a structured derivative for comparison.

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