Your family is important, protect them from as little as $12* a fortnight. We can help you tailor cover to your stage of life, making it simple and affordable.
*based on a $12.27 per fortnight premium for a 30-year-old female non-smoker.
An early payout of up to $500,000 if you're diagnosed with a terminal illness, to use for treatments or taking care of your family.
If the life insured dies, we'll pay a portion of the cover out early. This can help cover funeral costs or be put towards other expenses.
This optional cover provides an early payout for critical illness so you can support your family while you get better.
There are some exclusions for this cover, and we can talk through these as we process your application. We don't cover:
In some cases we can't cover certain pre-existing medical conditions.
It's important to review your insurance regularly to make sure you have the right amount of cover you need. If your income changes, you may want to change your Benefit Amount to match 75% of your new income. You can apply to change your Benefit Amount, Benefit Term, Wait Period and how you pay your premiums at any time, simply contact us to discuss your options.
Any health, occupational or financial changes that occur after your policy starts may affect the terms of your cover if you change it - we'll make sure you know about any changes.
Yes. You can reduce or increase your requested insurance cover at any time during the assessment process. If you wish to increase cover, be aware that the process could take longer as additional information may be required.
Most people use a professional service to create their will, and act as their executor. For example, Public Trust can help you to create a new will and also charge a set fee for executing it. See their website for more information
If you’re thinking of writing your own will, you could use a will kit to ensure you have every important detail recorded. Websites like New Zealand Will Kit and Do-it-yourself-Wills offer them for a very low price. You can also find them in your local book store. Just ensure it has been signed and witnessed properly to make sure it’s valid.
Otherwise, Public Trust’s website outlines a number of options they can offer. You can also talk to your family lawyer if you have one.
For more details about getting your will sorted, visit the Citizens Advice Bureau’s website or the NZ Law Society’s comprehensive guide
Premiums are calculated by assessing a range of factors that relate to the person’s life expectancy, and therefore their likelihood of claiming in the near future. Life insurance companies usually have a team of actuaries, who are responsible for the measurement and management of this risk and uncertainty.
When you apply for a life insurance policy, you might be asked questions about:
your biological sex
your medical history
your family medical history
whether or not you’re a smoker
Your answers to these questions will determine the premium you pay for the sum you want to be insured for.
If you need insurance to cover the bills or your mortgage or rent payments if you became seriously ill or injured, you could really benefit from talking to an Insurance Adviser.
Learn about the benefits of having life insurance when you start a family.
Find out how having a will can impact your life insurance policy.
Find out why it’s a good idea to set up a life insurance policy when you become a homeowner.
Protect your new partner with an updated life insurance policy.
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