Momentum Financial Limited - Momentum Financial Limited 38 Harvest Avenue

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Momentum Financial - Providing security through advice based risk management - Momentumfinancial.co.nz

Providing your family or business with security when needed most. Good advice helps you to put in place plans today, to protect your tomorrow

About Momentum Financial Limited

Have you ever thought about what your life might be like if you became seriously ill? Not that ill that you could never go back to work, but ill enough that your life expectancy has been shortened. Ill enough so that you face the possibility of not being able to work at the same level that you were operating at ever again? The kinds of illnesses we are talking about here would include cancer, stroke and heart related issues. There would be many uncertainties that none of us would want to face, for example:
  • will I survive this illness?
  • how will I pay my mortgage? (for more on that click here)  
  • am I getting the best treatment possible? (for more on how to package a response to this concern, click here)
  • how will I adapt to the physical limitations that I now face?
Trauma cover can assist you by giving you financial freedom to make your own choices- at a time when your health has been seriously affected, and when you may be having to rethink your future. Here are some of the ways that a lump sum payment for trauma cover can help you:
  • paying off the mortgage, or at least reducing it to a manageable level
  • assisting with medical costs associated with your recovery
  • seeking alternative treatment
  • paying for drugs that are not government funded (click here to see more on this)
  • giving yourself the time, without the financial stress, to recover
Of course it is entirely up to you how you choose to use this lump sum.

As a parent you may be concerned about what would happen should your child suffer a traumatic event. You may need to take time away from work. You might have a shortfall to meet on the medical bills. Including children in your trauma benefit can provide real value to you at a very stressful time.

So what are the chances?

If you take no other facts and figures into account, make sure you don't miss these:
- males have a 2 in 5 chance of suffering a critical illness between age 30 and 64(1)
- females have a 1 in 4 chance of suffering a similar fate(2)

Cancer- in 2010 there were 21,235 new cancer registrations in New Zealand. A fairly even split, with 52.1% of those being male. For men prostate cancer is the most commonly diagnosed cancer in New Zealand, with about 3000 being diagnosed every year. It accounted for 27% of all new registrations. When it comes to women, 2800 are diagnosed every year with breast cancer. It accounted for 27.5% of all new registrations. About 75% of those diagnosed would be older than 50. (What's important to note is 85% of women diagnosed with breast cancer live 5 years or longer.) You may be surprised to know that 20 men are diagnosed every year with breast cancer(3).

Stroke- 24 New Zealanders every day have a stroke. 25% would be younger than 65. (That also includes 40 children each year suffering a stroke.) Stroke is regarded as the major cause of adult disability in New Zealand. There are about 60,000 stroke survivors in New Zealand. Many are disabled and need significant daily support (4). 

Motor neurone disease- smaller but quite deadly. About 300 people would suffer from this in New Zealand at any one time. Around 100 people are diagnosed each year, and 100 die each year (5).

What does this mean to you?

Having the right cover in place to provide you with a lump sum can make an enormous difference to the treatment available to you and your quality of life post such a traumatic event happening to you. There is no reason to put you and your family at risk by "doing it tough". If you would like help to see what you can do click here to email us, or call us on the numbers listed below.


(1) Ministry of Health/ NZHIS (December 2009)
(2) National Breast and Ovarian Cancer Centre (February 2006)
(3) Ministry of Health- Cancer: New Registrations and Deaths 2010 (published 30/08/2013)
(4) The Stroke Foundation of New Zealand (website 31/05/2014)
(5) Motor Neurone Disease Association, 2012









Contact Momentum Financial Limited

Address :

Momentum Financial Limited 38 Harvest Avenue, Orewa 0931, New Zealand

Phone : πŸ“ž +8899
Postal code : 0931
Website : http://www.momentumfinancial.co.nz/
Categories :

Momentum Financial Limited 38 Harvest Avenue, Orewa 0931, New Zealand

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