NIB Holdings Ltd · ASX:NHF
NIB — Fact Sheet (May 2023)
7 slides from NIB's fact sheet, May 2023
Slide 1: A guide to nib Group Life & Trauma Insurance
A guide to nib Group Life & Trauma Insurance Help protect what’s important to your people.
Slide 2: The benefits for your employees
The benefits for your employees Life cover If your employee was to pass away, would their loved ones be able to cover: Existing debts? Living costs? Mortgage repayments, credit cards, Rent, food, petrol, utility bills, etc. personal loans, etc. Funeral expenses? Future expenses? The immediate cost o
Slide 3: Defined medical conditions and Automatic Acceptance Limit
Defined medical conditions The table below lists the defined medical conditions covered. The specific definition of each medical condition is included in the Group Life & Trauma Insurance cover wording. Low severity – High severity – up to $20,000, $5,000 per claim depending on whether low severity
Slide 4: Who's eligible? Ensuring your employees have enough cover
Who’s eligible? Ensuring your employees have All of your employees aged 18-64 on a permanent employment contract, working at least 16 hours a week, will be eligible. enough cover If your employees meet the eligibility criteria set out for Group Life & Trauma Insurance, they’re covered in accordance
Slide 5: When an employee leaves
When an employee leaves If an employee leaves and they are no longer an eligible employee, their cover under the Group Life & Trauma Insurance will end. Continuation Insurance option If an employee leaves, they can apply for Continuation Insurance. This allows them to transfer their Group Life & Tra
Slide 6: Get to know our Administrator; Who provides the insurance?
Get to know our Group Life & Trauma Insurance Administrator We want you to deliver a great group experience for your employees, so we’ve partnered with Melville Jessup Weaver (MJW), who are experts in Group Scheme administration. MJW will ensure that you and your employees’ experience is a positive
Slide 7: nib nz insurance limited
nib nz insurance limited Copyright © 2023 12