Comparing Insurance Costs

Are you wondering how our insurance prices compare to those offered by AiA, AMP, Asteron, OnePath, Partners Life or Fidelity Life?  The team at NZLife checks those prices for you! The report below compares all similar insurance products for a range of ages. Call the office to discuss your individual situation.

Optionally skip ahead to a particular type of insurance:

• Life Insurance
• Critical Illness
• Total Permanent Disablement
• Income Protection

Cost Comparisons – Life Insurance – November 2017

The cost of monthly premiums for Life Insurance of $200,000 from a variety of sources follows.

Cost Comparisons – Critical Illness Insurance – November 2017

The cost of monthly premiums for Critical Illness Insurance accelerated of $200,000 from a variety of sources follows.

Cost of TPD Insurance – November 2017

The cost of monthly premiums for TPD Insurance accelerated any occupation of $200,000 from a variety of sources follows.

Cost of Income Protection and Waiver of Premium Insurance – November 2017

The cost of monthly premiums for Income Protection Insurance for indemnity value for a general clerical occupation for $2,000/month with an 8 week wait and 5 year claim period including waiver of premium whilst on claim from a variety of sources follows.

* = 5 year claim period

As at November 2017.

Notes:

• Monthly premiums include policy fees in Life cover only and waiver of premium with income protection where applicable.
• The conditions covered and definitions may vary with insurers.
• The minimum premium for NZLife policies is $15 per month. Other suppliers have minimums ranging from $12.50 to $20.00. We suggest you increase or add other benefits to get best value.
• Smokers rates are approximately double the above costs. Check on the calculator.
• The rates quoted are for the first years premiums based on a standard life risk. Actual rates may vary depending on the assessed risk, and increase in future years, depending on the type of policy purchased, (rate for age or level term - see notes below) and the supplier.
• Other sites may offer what may appear to be major discounts, but they are still more expensive than NZLife! If you find a lower price please tell us.