Health insurance cover for children is an easy way to safeguard their future insurability.
What are the benefits of insurance for children?
There are a couple of reasons why you should consider health insurance for your children.
The first reason is the same as why adults get private health insurance - to skip public waiting lists. Generally speaking, children are taken very good care of in the public health system, but waiting lists are unavoidable. As a parent, if you want to ensure that treatment is as quick as possible, you can add your child to your existing insurance plan.
The second reason to insure your child is to safeguard their future insurability. When you take out a health insurance policy, the insurance company will assess your application, and typically exclude any "pre-existing" condition - so they won`t cover any issue that already exists. Because of this, getting cover as early as possible is important as it minimises the number of exclusions a health plan will have.
Enrolling your children in a health insurance policy early on can guarantee that they have a policy free of exclusions - which is very valuable and a great thing to have as they enter adulthood.
Partners Life Children's Cover Benefit
With Partners Life, any children of a life assured are automatically covered under their Private Medical Cover and any Options that apply to the life assured, for the first six months after they are born, at no charge. If you require coverage for the children after this six months and you advise Partners Life of the child's details before the six month period ends, cover will continue without any health assessment.
If you do not advise Partners Life of these details within the six month period, coverage will automatically end as soon as the child reaches six months of age.
A Protection Premium will be payable for any children added. Partners Life will advise you what the new total premium payable will be.
Children may remain covered under this Private Medical Cover for as long as you continue to pay the required Protection Premium, irrespective of their age.
To look into getting your child insured, jump on over to LifeDirect and start a quote online to compare different policies from New Zealand's leading insurers. Alternatively, you can use our livechat or call one of our friendly sales consultants on 0800 800 400.
Disclaimer: Please note that the content provided in this article is intended as an overview and as general information only. While care is taken to ensure accuracy and reliability, the information provided is subject to continuous change and may not reflect current development or address your situation. Before making any decisions based on the information provided in this article, please use your discretion and seek independent guidance.