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Mortgage Repayment Cover

Insurance that pays you a monthly sum to help cover your mortgage repayments, rent or to compensate you for lost income if you were to become disabled as a result of illness or injury.

Benefits of mortgage repayment cover

If you became disabled due to illness or injury and could no longer work, Mortgage Repayment Cover can provide ongoing financial support.

This will relieve the financial responsibility of having to pay your mortgage or rent.

The information provided is only a summary of the product features and terms of cover. 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

What's Included:
What's Included:

You can choose coverage of up to 115 per cent of your monthly rent or mortgage payments, or 45 per cent of your annual income.

Receive a monthly payment while you're disabled as a result of an illness or injury.

Includes additional financial assistance towards vocational retraining and rehabilitation programmes to help you get back to work sooner, or to get your physical functions back sooner.

Includes a waiver of your waiting period if your disability returns within 12 months of going off claim.

Includes a range of additional optional benefits to choose from to provide you with comprehensive coverage.

Includes access to our Chubb Life Client Benefits which offers a range of additional services.

Is Mortgage Repayment Cover for me?

Leave your details and an Insurance Adviser will give you a call.

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