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Fidelity Life: Trauma Cover

Fidelity Life trauma cover pays a lump sum if you are diagnosed with a serious illness like cancer, heart attack, or stroke. The payment is yours to use however you need.

1973
Founded in NZ
A- (Excellent)
Financial strength
NZ owned
NZ Super Fund & Ngāi Tahu cornerstone
93%
Claims paid 2024-25

Fidelity Life trauma cover, also known as critical illness insurance, pays a lump sum if you are diagnosed with one of the covered serious medical conditions. The money is paid directly to you, with no restrictions on how it is used.

Trauma cover is designed to ease the financial pressure that often comes alongside a serious diagnosis. Common uses include:

  • Paying for private specialist treatment or surgery
  • Covering mortgage or rent while you recover
  • Funding rehabilitation or home modifications
  • Replacing lost income during a recovery period
  • Taking time away from work to focus on getting better

Fidelity Life trauma cover pays out for major conditions including cancer, heart attack, stroke, coronary artery bypass surgery, major organ transplant, and a range of other listed conditions. The specific conditions and definitions are set out in your policy document.

You choose the level of cover that suits your situation. Trauma cover is often taken alongside life insurance to provide comprehensive financial protection for your family.

Key features

Lump sum payment
Paid directly to you with no restrictions on use
Broad condition coverage
Cancer, heart attack, stroke, and other major listed conditions
NZ-owned insurer
Founded 1973, backed by NZ Super Fund and Ngāi Tahu cornerstone shareholders
FAP licensed IFSO member 4.8 (35 reviews)
Easy to understand, easy to decide.

Common questions about Fidelity Life trauma cover

Will my premiums go up each year?

It depends on what policy you select. Traditional stepped premiums do increase each year on your policy anniversary. Level premiums do not increase with your age for a specified period of time.

Am I locked into the cover for a certain period?

No. If you cancel your policy in the first 14 days your premiums will be refunded. After the 14 day free look period you are able to cancel your cover at any time.

How can I pay my premiums?

You can choose your method of payment you prefer e.g., Credit card, monthly Direct Debit or Cheque.

Do I have to pay on fortnightly basis?

No. You can choose your payment frequency i.e. weekly, fortnightly, monthly or on an annual basis.

Are medical tests required?

In most cases no medical tests are required. Each application is considered on an individual basis. If you are required to undergo any medical test they will be paid for by the insurance provider and at no cost to you.

Can I apply directly with the insurance providers for cheaper cost?

No. Most insurance providers prefer to work through intermediaries like us rather than dealing directly. We don’t mark up policies. In fact, we guarantee your premium is the same as going direct.

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