Derick's Chubb Life story

Chubb Life New Zealand

21 Apr 202403:22

Summary

TLDRDerek, a 39-year-old from South Africa, now living in New Zealand with his wife Chrisa and three daughters, shares his experience of battling a rare cancer. Two years ago, Chrisa was diagnosed, and their insurance policies provided critical support during their darkest times. Derek, a client of a financial advisor for five years, was able to claim on his critical illness and private medical cover. Last year, with only three months to live, Derek's life insurance and terminal illness cover were paid out early, alleviating financial stress and enabling the family to focus on starting a gift shop business. The story emphasizes the importance of insurance in times of crisis.

Takeaways

😢 Derek, a 39-year-old from South Africa, moved to New Zealand and has three daughters aged 23, 11, and 14.
💔 Chrisa, Derek's wife, was diagnosed with a rare cancer about two years ago, which deeply affected their lives.
📋 The couple had various insurance policies that they were able to utilize to cope with the medical expenses and challenges.
🏥 Derek's critical illness and private medical cover were claimed to receive the best care possible.
📉 The family faced another blow when Derek was given a terminal diagnosis with only three months to live, and the cancer had spread.
💼 Derek has been a client of the speaker for five years, and the speaker assisted with insurance claims during these difficult times.
💰 The insurance claims, including life insurance and terminal illness cover, provided financial relief and allowed the family to focus on Derek's care.
🏠 Chrisa had to quit her job to provide personal care for Derek, highlighting the impact of the illness on their family life.
🛍️ The financial support from insurance claims is helping the family to start a gift shop business.
🕊️ Despite the emotional toll, the family is trying to continue life as normally as possible, thanks to the financial security provided by insurance.
📝 The script emphasizes the importance of having insurance to alleviate stress and financial concerns during serious health crises.

Q & A

Who is Derek and what is his age?
-Derek is a 39-year-old man from South Africa who moved to New Zealand about 5 years ago.
How many daughters does Derek have and what are their ages?
-Derek has three daughters; one is 23 years old, another is 11, and the third one is 14.
What is Chrisa's relationship to Derek and how long have they been together?
-Chrisa is Derek's wife, and they have been together for over 14 years.
What medical condition did Chrisa receive a diagnosis for about 2 years ago?
-Chrisa was diagnosed with a rare form of cancer about 2 years ago.
What was the impact of Chrisa's diagnosis on their lives?
-The diagnosis made it feel like their whole lives together were taken away and everything was dark.
What action did Chrisa take to help them financially after her diagnosis?
-Chrisa sorted out their insurance policies, including drama cover, to help them during this difficult time.
Who is the person speaking in the second part of the transcript and what is their role?
-The person speaking is an insurance agent who has been Derek's client for 5 years and helped him with his insurance claims.
What insurance policies did Derek claim after his cancer diagnosis?
-Derek claimed on his critical illness and private medical cover, which provided him with the best care.
How did the insurance policies impact Derek and his family during his terminal illness?
-The insurance policies, including life insurance and terminal illness cover, provided financial support, relieving the family of financial concerns and allowing them to focus on Derek's care.
Why did Chrisa have to quit her job after Derek's diagnosis?
-Chrisa had to quit her job to provide personal care for Derek, as he needed constant attention and could not be left alone.
What business are Derek and Chrisa starting with the financial support from the insurance policies?
-They are starting a gift shop business with the financial support from the insurance policies.
What advice does Derek give about insurance in the context of his experience?
-Derek advises that one should have insurance because anything can happen, and it's essential to be prepared for unexpected events.

Outlines

00:00

🌏 International Family's Cancer Struggle

Derek, a 39-year-old from South Africa, moved to New Zealand five years ago and has three daughters aged 23, 11, and 14. His wife, Chrisa, was diagnosed with a rare cancer two years ago, which significantly impacted their lives. They turned to insurance policies for support, and Derek's critical illness and private medical cover provided essential care. A year later, on 'Deal Day,' Derek was given a three-month prognosis, and they discovered they had trauma cover. This allowed them to claim life insurance and terminal illness cover, alleviating financial stress. Chrisa had to quit her job to provide personal care for Derek, and the insurance payouts are helping them start a gift shop business, ensuring their life can continue despite the emotional turmoil.

Mindmap

Keywords

💡South Africa

South Africa is a country located at the southern tip of the African continent. It is known for its diverse culture and history. In the video, Derek mentions that he is originally from South Africa, which provides context to his background and the significant life change he underwent when he moved to New Zealand.

💡New Zealand

New Zealand is an island country in the southwestern Pacific Ocean known for its stunning landscapes and outdoor activities. Derek moved to New Zealand about five years ago, which is significant as it marks a major life transition that occurred before the challenges presented by his cancer diagnosis.

💡Daughters

Daughters refer to female offspring, and in the context of the video, Derek has three daughters of varying ages. The mention of his daughters highlights the personal and emotional aspects of his life, as well as the family dynamics affected by his health situation.

💡Cancer

Cancer is a group of diseases involving abnormal cell growth with the potential to invade or spread to other parts of the body. The video revolves around the diagnosis and impact of a rare cancer on Chrisa, Derek's wife, and how it affects their lives, emphasizing the severity and life-altering nature of the disease.

💡Critical Illness

Critical illness refers to a severe health condition that poses a significant threat to life, such as cancer. In the script, Derek's critical illness cover is mentioned as a form of insurance that provides financial support during his cancer diagnosis, illustrating the importance of such policies in managing the financial burden of serious health conditions.

💡Insurance Policies

Insurance policies are contracts that provide financial protection or reimbursement against losses. The video emphasizes the role of various insurance policies, such as trauma cover and life insurance, in offering financial security and peace of mind to Derek and his family during difficult times.

💡Trauma Cover

Trauma cover is a type of insurance that provides a lump sum payment upon the diagnosis of a specified serious illness or condition. In the video, Derek's trauma cover is mentioned as a source of financial assistance that helped alleviate the stress and financial concerns during his cancer treatment.

💡Terminal Illness

Terminal illness refers to a disease with no cure and a limited life expectancy. The video discusses the early payout of terminal illness cover from Derek's life insurance policy, which provided financial support to his family, highlighting the importance of planning for end-of-life care and expenses.

💡Financial Concerns

Financial concerns refer to worries or anxieties related to money and its management. The video script discusses how insurance policies helped Derek's family to avoid financial concerns, such as rent and food payments, during his critical illness, demonstrating the relief that proper financial planning can provide.

💡Personal Care

Personal care involves the assistance provided to individuals who are unable to perform daily activities independently, often due to illness or disability. In the video, Chrisa had to quit her job to provide personal care for Derek, indicating the impact of his health condition on their family's lifestyle and work arrangements.

💡Business

A business refers to an organization involved in commercial, industrial, or professional activities. The video mentions the family's plan to start a gift shop, which represents their effort to maintain a sense of normalcy and provide for their future, despite the challenges posed by Derek's health.

Highlights

Derek, 39, moved from South Africa to New Zealand 5 years ago and has three daughters aged 23, 11, and 14.

Chrisa, married to Derek for over 14 years, was diagnosed with a rare cancer 2 years ago.

The couple's life felt like it had fallen apart after the cancer diagnosis.

Chrisa initiated a claim on their critical illness and private medical cover policies.

Insurance helped them immensely during their difficult time, providing financial support.

Derek has been a client for 5 years and received a cancer diagnosis 2 years ago.

Derek was able to claim on his critical illness and private medical cover, which provided the best care.

Last year, Derek was given 3 months to live due to the recurrence and progression of his cancer.

The couple had trauma cover, but uncertainty about the future led to further darkness.

Derek's life insurance and terminal illness cover were claimed, providing financial relief for the family.

Having insurance policies in place significantly reduces stress during serious illness.

Chrisa had to quit her job to provide personal care for Derek, who could not be alone.

The insurance payout helped the family start a gift shop business.

The financial support from insurance allows the family to continue with their lives.

Derek emphasizes the importance of having insurance for unforeseen circumstances.

The story concludes with a reminder of the value of insurance in protecting against life's uncertainties.