What is 3 in 1 Active Cover?
3 in 1 Active Cover is a package of insurance designed to provide long term protection against the financial impact of severe illness, injuries, terminal illness and death.
Active Cover pays on 169 health events (More than any trauma Cover in Australia).
A higher proportion of benefit is paid for more severe events and you can make multiple claims over time. This also recognises that if you survive a severe health event, financial protection against further health events is an ongoing, long-term need.
Key Benefits
Three in One
One insurance, three types of protection, including: life, disability and sickness, the insured can get benefits.
Broadest Coverage
The terms include 169 health conditions (more than other Australian critical illness insurance), which can be claimed in order from light to serious, and multiple claims.
Future Claims Protector
In case of full claim payments, this cover will have 25% of the original insured amount as the protected amount to prevent future claims such as disease deterioration and transfer.
Multi-Claims
In the event of a health issue that is not covered by the 169 health event list, the insured can obtain a claim through the additional safety net claim assessments.
Who needs 3 in 1 Active Cover?
People with mortgage, dependant, or income, tend to have the following wealth protection needs in the event of death/terminal illness, illness, or disability:
-
To leave financial support for children, spouse, parents.
-
To repay the mortgage to protection properties.
-
To protect their business by ensuring a continuous flow of funds.
-
To supplement cash flow gaps to cover essential living expenses.
-
To cover out-of-pocket medical expenses and ongoing rehabilitation costs that Medicare or Private Health cannot reimburse.
-
To compensate for income loss due to being unable to work because of illness.
-
To access health and consumer benefits as an insurance member, saving on costs.
-
To have simple solution for all types of risks with a safety net and the broadest coverage, multi-level claim options, and multiple claims for ongoing protection.
How to customize your Active Cover?
1. Calculate the sum assured
How much do you need to repay the mortgage? Are there other debts? How much income needs to be protected? How much does it cost to educate children? How much is the necessary living expenses?
You can also refer to the following sum assured calculators:
2.Confirm Premium Coverage
What is your budget to fund your protection in place?
3. Find the Balance Point
Are you comfortable with both the cover amount and premium level?
Your Trusted Insurance Partner
Hippo Insurance has been delivering top-notch insurance services across Australia for more than 4 years. Our team of specialists have an accumulated experience of more than 20 years in the insurance and finance industry, protecting over 1,000 families and business.
We value our clients' trust and time. Especially, we treat them as individuals, not just numbers. Our team of experts is dedicated to providing you with the best insurance coverage at an affordable price.
We understand that every individual or business has unique needs, which why we empower you to tailor your own protection to your specific requirements.