top of page
Insurance Adviser
Insurance Adviser Broker Advice

Trauma Insurance

Life doesn’t always go according to plan. Be prepared for the unexpected.

We can’t foresee every event that might change our lives forever, but we can plan for the financial impact. Trauma Insurance is there to protect you and your loved ones when a serious illness or injury strikes, offering a financial buffer during a time when you need to focus on recovery, not expenses.

...she might not be right mate.

Image by National Cancer Institute

... she might not be right mate...

Image by National Cancer Institute

Life is unpredictable.  Peace of mind is priceless.

None of us can predict when or how we’ll depart this world, but we can prepare for the impact it has on those we love.  When you’re gone, you won’t just leave a hole in their hearts - you could also leave a significant financial gap.

Your family could face tough choices, like how to make ends meet when one parent has to return to work, or even where to live when the mortgage becomes unaffordable.  Life Insurance is not just a policy.  It’s a promise to care for those you leave behind.

Life is unpredictable.  Peace of mind is priceless.

None of us can predict when or how we’ll depart this world, but we can prepare for the impact it has on those we love.  When you’re gone, you won’t just leave a hole in their hearts - you could also leave a significant financial gap.

Your family could face tough choices, like how to make ends meet when one parent has to return to work, or even where to live when the mortgage becomes unaffordable.  Life Insurance is not just a policy.  It’s a promise to care for those you leave behind.

Life is unpredictable.  Peace of mind is priceless.

None of us can predict when or how we’ll depart this world, but we can prepare for the impact it has on those we love.  When you’re gone, you won’t just leave a hole in their hearts - you could also leave a significant financial gap.

Your family could face tough choices, like how to make ends meet when one parent has to return to work, or even where to live when the mortgage becomes unaffordable.  Life Insurance is not just a policy.  It’s a promise to care for those you leave behind.

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Life doesn’t always go according to plan. Be prepared for the unexpected.

We can’t foresee every event that might change our lives forever, but we can plan for the financial impact. Trauma Insurance is there to protect you and your loved ones when a serious illness or injury strikes, offering a financial buffer during a time when you need to focus on recovery, not expenses.

Trauma Insurance

65% of Kiwis will be diagnosed with a critical illness*

(and half of those are cancer)

Consultation

Do I need Trauma Insurance?

Everyone’s life circumstances are unique, but think about how you’d manage if you were suddenly diagnosed with a major illness or experienced a serious injury.

Trauma insurance covers a range of life-altering conditions, such as:

  • cancer

  • heart attack

  • stroke

  • major head trauma

  • severe burns

 

giving you a financial cushion to maintain your lifestyle, pay bills, and manage additional medical expenses. Without it, the pressure of lost income and medical costs could force difficult decisions about your care, housing, or family’s future.

Trauma insurance steps in at life’s most challenging moments, providing you with the financial support to focus on recovery. Whether it’s medical treatment, rehabilitation, or even taking time off work, you won’t need to worry about where the money is coming from.

Patient with Healthcare Nurse
Image by Patrick Perkins
Relaxing

Time off

Recovery

Time out

This type of insurance often becomes a priority after major life events like starting a family, purchasing a home, or experiencing a health scare. These are the moments when it’s clear how much your health and well-being matter.

Just like with life insurance, the right cover amount varies for everyone, and a financial adviser will work with you to assess how much protection is necessary to safeguard your future and your loved ones during recovery.

Who are we?

Price-Milne Financial Services is dedicated to providing expert, transparent, and personalised insurance advice. Our mission is to guide families and individuals to make informed financial decisions that give them peace of mind.

Why Do We Do It?

Insurance and personal finance can feel overwhelming. With so little of this taught in schools, most people feel unprepared. It’s common to take a "She’ll be right" approach to money and hope things work out.

We founded Price-Milne Financial Services to change that. Our goal is simple: to empower people with the knowledge and tools they need to secure their financial future. We don’t just offer insurance solutions; we help you take control of your financial wellbeing.

By simplifying complex concepts, we tailor advice to fit your specific needs and help you feel confident in the decisions you make for your family’s future.

Our commitment to improving financial literacy in our community means that every conversation with us is a step toward greater financial security.

What it's like working with us

Here's the bottom line: our services completely free.

 

At Price-Milne Financial Services, we offer personalized, flexible services from experienced advisers who understand that no two clients are the same. We’ll break down all the jargon and explain everything in plain language, so you feel confident about your insurance decisions.

We also know that life changes - and so should your insurance. That’s why we offer regular reviews to ensure your policy still meets your needs and your premium is fair.

Here's what our clients say about us:

Lewis has been really great to work with. Explained all the different options and the plans and helped to choose the best and affordable one. Been a pleasure to deal with and would definitely recommend Lewis.

Mani

Life Insurance

Income Protection Insurance

Health Insurance

Good service. They were very understanding;they took time to understand my situation and work with me to get the best plan. I will differently recommend them to my friends.

Kwame

Life Insurance

Trauma Insurance

Income Protection Insurance

Absolutely love working with Lewis, he explained the hard complex stuff I didn't understand and simplified it for me. I now have a better policy than I did before and I now understand my insurance a lot better. Lewis has very efficient processes and systems! Thanks again Lewis

Jay

Life Insurance

Trauma Insurance

Thanks Lewis for all your help. Truly and honestly helpful in every aspect. Worked around my time schedule and went out of his way to talk me through my needs and wants no matter the time. Appreciate your help and tips Lewis, Very grateful.

Joshua

Life Insurance

Trauma Insurance

Income Protection

Permanent Disablement

It has been such a pleasure working with Lewis. As a newcomer to NZ, his insight and guidance on choosing an insurance plan that was best suited to my needs has been invaluable. He has always been available to answer my questions and was able to get my cover activated almost immediately.

Zerisha

Life Insurance

Lewis' service was absolutely outstanding. He went above and beyond to make sure that we still have the best cover, at the best possible price. He made 100% sure he understood our circumstances. He really personalised the whole experience. It was an absolute pleasure dealing with him.

Alta & Colin

Life Insurance

Trauma Insurance

I really appreciate Lewis' help regarding adjusting my policy to suit my requirements at a price that suited my budget & less than what I was paying prior. The icing on the cake is the AIA Vitality add-on it's been 2 weeks since I started & I'm thoroughly enjoying the health & voucher benefits so THANK YOU for making this process less stressful 😊

Molly

Life Insurance

Trauma Insurance

Income Protection

I appreciated Lewis' diligence, perseverance and patience. To be honest, while important, filling out medical declarations and reading screeds of paperwork is pretty low on my priority list..... Lewis got it across the line with a few variances from genuine insights along the way.  Full credit to him for listening and personalising a policy that best suits my needs. Would not hesitate to recommend him to any prospective clients.  Much appreciated. 

Daryl

Life Insurance

Trauma Insurance

Lewis not only clarified policy details but also guided me smoothly through the claim process, making it easy to understand and manage. Highly recommended.

Kylie

Health Insurance

Highly recommended, very friendly, and understands our financial needs and goals.  Lewis is a trustworthy adviser.  Easy to understand the way he explained.

Noriel & Evangeline

Life Insurance

Insurance Advice

Our Services

Free Consultation & Policy Review

We believe everyone deserves clear advice. That’s why our initial consultation is free, and we’ll also review your existing policies—no strings attached.

Tailored Insurance Recommendations

No two clients are the same. We listen to your needs and create personalised insurance solutions, ensuring your family is protected without paying for unnecessary coverage.

Regular Policy Updates

Life changes, and so should your insurance. We conduct regular reviews to make sure your policy keeps up with your evolving needs.

Guidance Through Every Step

From selecting the right provider to understanding your options, we walk with you every step of the way, making sure you feel confident and informed about your decisions.

Full Suite of Covers

We're experts in personal risk and health insurance.  If you're new to any of these covers, or you're looking to review a policy you already have in place for suitability, get started below.

Get Started

Don't leave the future to chance, take your first steps today.

Click below to book a free appointment with an adviser, and take the first step towards securing the future.

How much do I need?

It can be hard to predict exactly how much cover you might need if you face a serious illness or injury. That’s where an experienced financial adviser comes in. We help you calculate the right amount of cover to ensure you’re financially secure, even when the worst happens.

There is huge variety in what's covered in different policies, which is why it's so important to discuss these options with a financial adviser.  Policies can vary from covering 6-70 conditions, and some policies allow you to claim multiple times.

Whether you're concerned about maintaining your income, paying for rehabilitation, or covering large medical expenses, we’ll guide you through the process to find the best provider and policy for your needs.

Trauma Insurance: common myths

Myth 1: "ACC will cover me."

ACC only covers injuries, not illnesses. If you're diagnosed with cancer or suffer a heart attack, ACC won’t pay out. Trauma insurance covers serious illnesses as well as injuries, providing a financial safety net for all kinds of life-altering events, not just accidents.

Myth 2: "I’ll just rely on my sick leave."

That's the perfect time to get cover!

 

Sick leave may cover a few days or weeks, but what happens when recovery takes months or longer? Trauma insurance provides a lump sum that you can use for living expenses, treatment costs, or anything else while you're out of work - no matter how long it takes to recover.

Myth 3: "I’m already covered by my health insurance."

Health insurance helps with medical costs, but it doesn’t replace lost income or help with bills like your mortgage, childcare, or household expenses. Trauma insurance fills the financial gaps that health insurance doesn’t cover, allowing you to maintain your lifestyle during a difficult time.

How will you afford your health insurance premiums if you're out of work recovering?

Myth 4: "It won’t happen to me."

No one expects to get diagnosed with a serious illness, but the statistics say otherwise. A significant percentage of Kiwis will face a major health event before they retire. Trauma insurance is about being prepared for the unexpected - not gambling on good luck.  65% of all New Zealanders will be diagnosed with a critical illness during their lifetimes.  And half of that is cancer alone.

Myth 5: "I can’t afford trauma insurance."

Trauma insurance can be surprisingly affordable, especially if you start while you're healthy. The cost of not having it when you need it - lost income, medical expenses, financial strain on your family - can far outweigh the premiums. A financial adviser can help find a policy that fits your budget.

What it's like working with us

Here's the bottom line: our services completely free.

 

At Price-Milne Financial Services, we offer personalized, flexible services from experienced advisers who understand that no two clients are the same. We’ll break down all the jargon and explain everything in plain language, so you feel confident about your insurance decisions.

We also know that life changes - and so should your insurance. That’s why we offer regular reviews to ensure your policy still meets your needs and your premium is fair.

Here's what our clients say about us:

Insurance Advice

"I wholeheartedly recommend"

"Would recommend to anyone"

"Highly recommended"

"Such a pleasure"

"Absolutely outstanding"

"Truly and honestly helpful in every aspect"

"Absolutely love"

"Will recommend them to my friends"

"Would highly recommend to any prospective client"

"THANK YOU for making this process less stressful"

"Highly recommended"

Happy Family

* To determine the probability that any given person in New Zealand will be diagnosed with at least one of the conditions listed in the AIA Progressive Care and Critical Conditions policies during their lifetime, we'll need to analyze epidemiological data on the incidence and prevalence of these conditions within the New Zealand population. ​ Overview of the Conditions ​ The conditions listed encompass a wide range of serious illnesses, including: ​ Cancer-related conditions: Any malignant tumour, prostate cancer, malignant melanoma, carcinoma in situ, various lymphomas, leukaemia, and others. Cardiovascular conditions: Heart attack, coronary artery bypass graft, angioplasty, cardiomyopathy, heart valve surgery, and more. Neurological conditions: Stroke, dementia, Alzheimer's disease, Parkinson's disease, multiple sclerosis, and others. Loss of function: Paralysis, loss of sight, hearing, speech, limbs, severe burns, and others. Other health events: Chronic liver failure, chronic lung failure, chronic kidney failure, major organ transplant, severe osteoporosis, severe rheumatoid arthritis, advanced diabetes, and more. ​ Methodology ​ To estimate the probability, we'll: ​ Gather Data on Lifetime Risk: Find the lifetime risk (up to age 85) for each major category of conditions. Adjust for Overlaps: Account for individuals who may develop more than one condition. Calculate the Combined Probability: Use statistical methods to estimate the overall chance of developing at least one condition. Data Analysis ​ Cancer Lifetime Risk: According to the New Zealand Ministry of Health, the lifetime risk of developing cancer is approximately one in three (33.3%) for both men and women. Explanation: This includes all forms of cancer, many of which are listed in the policy conditions. Cardiovascular Diseases Heart Disease: Prevalence: About 6% of New Zealand adults have been diagnosed with heart disease. Lifetime Risk: The lifetime risk is higher when considering undiagnosed cases and age progression. Estimates suggest up to 20%. Stroke: Incidence: Approximately 9,000 New Zealanders suffer a stroke each year. Lifetime Risk: The risk increases with age, with an estimated lifetime risk of about 15%. Neurological Conditions Dementia and Alzheimer's Disease: Prevalence: Around 70,000 people are living with dementia in New Zealand. Lifetime Risk: Estimated at 10%, increasing with age. Parkinson's Disease: Prevalence: Approximately 1% of those over 60. Lifetime Risk: Around 2%. Other Conditions Diabetes: Prevalence: About 7% of adults have been diagnosed with diabetes. Lifetime Risk: Higher when including undiagnosed cases; estimated at 10%. Chronic Kidney Disease: Prevalence: Chronic kidney disease affects about 11% of adults. Chronic Lung Diseases (COPD): Prevalence: Affects around 15% of adults over 45. Severe Arthritis and Osteoporosis: Prevalence: Osteoarthritis affects about 10%, osteoporosis about 5%. Calculating the Combined Probability ​ Given the overlap between conditions and the likelihood of comorbidities (e.g., a person with diabetes may also have heart disease), simply adding up the probabilities would overestimate the risk. Instead, we'll use the principle of inclusion-exclusion and consider the major categories to estimate the combined probability. ​ Simplified Estimation ​ Let's consider the major categories with their estimated lifetime risks: ​ Cancer: 33% Cardiovascular Diseases: 25% (combining heart disease and stroke) Neurological Conditions: 15% Other Conditions: 20% (including diabetes, chronic kidney disease, COPD, severe arthritis, and others) ​ Assuming independence (which is a simplification), the probability that a person does not develop any of these conditions is: ​ P(No Condition)=(1−0.33)×(1−0.25)×(1−0.15)×(1−0.20) P(No Condition)=0.67×0.75×0.85×0.80 P(No Condition)=0.3417 or 34.17% Therefore, the probability that a person will develop at least one condition is: ​ P(At Least One Condition)=1−P(No Condition) P(At Least One Condition)=1−0.3417=0.6583 or 65.83% ​ Adjusting for Overlaps and Comorbidities ​ The above calculation doesn't fully account for the overlapping risk factors and comorbidities, which are significant in medical conditions. For instance: ​ Risk Factors: Conditions like smoking, obesity, and sedentary lifestyle increase the risk for multiple diseases. Age Factor: The risk of many of these conditions increases with age. Genetic Predispositions: Family history can increase risk across several conditions. ​ Given these factors, the probability of developing at least one condition is likely higher than the simplified estimate. ​ Notes ​ Variability: Individual risk can vary greatly based on genetics, lifestyle, environment, and access to healthcare. Data Limitations: Exact probabilities are difficult to calculate due to overlapping conditions and lack of comprehensive data on all conditions listed. Preventative Measures: Lifestyle changes and preventive healthcare can reduce the risk of many of these conditions. ​ Recommendations ​ For a more personalised risk assessment, individuals should consult healthcare professionals. Public health initiatives aimed at reducing risk factors (e.g., smoking cessation, promoting physical activity) can lower the overall incidence of these conditions. ​

bottom of page