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Multi-benefit discount

To support New Zealanders looking to take out new cover, we offer a multi-benefit discount on our comprehensive Assurance Extra product range.

Your customers may be eligible for a discount of up to 7% when they purchase at least $200,000 of Life, or an equivalent amount of Life Income Cover, alongside at least one additional qualifying benefit. 

Discounts will be applied at customer level, on all risk premiums applicable to that customer. The discount will decrease or may be removed if Life or Life Income Cover or any other benefit is removed.

Terms and conditions apply, click here to read

Qualification criteria

Number of Benefit Groups

Discount offered


LIFE + 1 Optional Benefit Group  



LIFE + 2 or more Optional Benefit Groups                               




Please note Specific Injury Cover, Premium Cover and Redundancy Cover don't count as qualifying covers under the Optional Benefit Groups, so won't activate or increase the discount. However, the premiums for these benefits will be discounted as part of the overall discount offer.


Example scenarios

The discounts are applied at customer level and on all covers applicable to that customer on the policy. Where indicated * does not count as a qualifying cover under the Optional Benefit Groups or does not meet the criteria.

Your insurance is underwritten by Chubb Life Insurance New Zealand Limited (Chubb Life). Chubb Life has an A (Excellent) financial strength rating given by A.M. Best Company Inc. A summary of the rating scale is: A++, A+ Superior | A, A- Excellent | B++, B+ Good | B, B- Fair | C++, C+ Marginal | C, C- Weak | D Poor | E Under Regulatory Supervision | F In Liquidation | S Suspended. For the full rating scale and more rating information visit