Life Cover & Life Income Cover is an easy and cost-effective way to provide for your family if you die or are diagnosed with a terminal illness.
It provides the following benefits:
Please refer to the policy wordings for our full requirements and eligibility criteria. The content is intended to be of a general nature, does not take into account your financial situation or goals, and is not a financial advice service. It is recommended you seek financial advice which takes into account your individual circumstances before you acquire a financial product. The information is current as at August 2022 and is subject to change.
Provides a lump sum or monthly payment if you were to die or be diagnosed with a terminal illness.
Provides a partial payment of the Life Cover or first month’s Life Income Cover sum insured immediately upon notification of death to assist with funeral expenses.
An early partial payment of the Life Cover or three month’s Life Income Cover sum insured if you're diagnosed with one of the listed conditions under the Advance Terminal Illness Benefit.
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 www.ambest.com/ratings/guide.pdf